A peek into the global future

Richardson, John
May 2007
ICIS Chemical Business Americas;5/28/2007, Vol. 271 Issue 21, p18
Trade Publication
The article provides an outlook for trends in the petrochemical and plastics market by 2020. The author projects that Northeast Asian producers will scrap crackers and will instead outsource olefins and polyolefins from joint ventures in the Middle East. He predicts that some Western producers will be able to follow the trend but will face uncompetitive capacity in the U.S. and Europe. In addition, the author presents a forecast for diversification in the value-added petrochemical sector.


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