Asia olefins forecast skyrockets

Brice, Andy; Gibson, Jane; Boswell, Clay
March 2006
ICIS Chemical Business;3/20/2006, Vol. 1 Issue 11, p32
Trade Publication
This article presents a forecast on the petrochemicals and plastics industry in Asia as of March 2006. Asian olefins will see heavy turnaround in 2006. The snugness should ease after the second quarter as new capacity comes onstream. As propylene tightens globally, additional liquefied petroleum gas vessels, as well as on-purpose propylene production such as metathesis plants, and deep catalytic crackers, will bring much-needed propylene supplies into the spot markets.


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