Lean years loom for

Milmo, Sean
September 2007
ICIS Chemical Business;9/24/2007, Vol. 272 Issue 11, p15
Trade Publication
The article presents information on business forecasting about the petrochemical industry across the world. The European Chemical Industry Council (Cefic) reckons that from 2006-2008, petrochemicals production growth will average 2%/year. Shell Chemicals Ltd. estimates that by 2010, China's self-sufficiency in polyethylene (PE) will have risen from 50% in 2005 to 64-74% in 2010. Shell calculates that in 2010-2020, up to 20m tonnes/year of ethylene capacity could be built in China.


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