TITLE

Petrochemicals Overview

PUB. DATE
July 2005
SOURCE
U.S. Industry Quarterly Review: Chemicals;2005 3rd Quarter, p29
SOURCE TYPE
Industry Profile
DOC. TYPE
Industry Overview
ABSTRACT
The article discusses issues concerning the petrochemical industry in the U.S. An estimated 15% of the country's propylene capacity was affected by Hurricane Katrina and another 70-80% was shut down as a precautionary measure against Hurricane Rita. The demand for propylene improved steadily from mid-2003 to the end of 2004, supported by the turnaround in manufacturing activity and robust growth in propylene derivatives. Demand for ethylene increase 9% domestically and 5% globally in 2004, following a decline in 2003.
ACCESSION #
19019145

 

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