How will Southeast Asian petrochemicals impact the HPI?
- Chem Systems, Tarrytown, NY (United States)
Development of East Asia`s petrochemical industry has been phenomenal, with major complexes built in numerous locations. The Southeast Asian countries of particular interest are members of the Association of Southeast Asian Nations (ASEAN): Singapore, Thailand, Malaysia, Indonesia, the Philippines, Brunei and Vietnam. As new capacity is built in this region, these large operating facilities will affect supply and demand for key petrochemical products--ethylene and polyolefins. What are the potential regional effects from this new capacity? Traditional net export countries will have to re-evaluate their future marketing strategies to remain competitive in Southeast Asia and other trading areas. As East Asia`s petrochemical industry comes of age, competition will undoubtedly increase. However, this growing region offers opportunities to widen manufacturing basis. The paper discusses basic chemical demands and the outlook for the Asian petrochemical industry.
- OSTI ID:
- 479471
- Journal Information:
- Hydrocarbon Processing, Journal Name: Hydrocarbon Processing Journal Issue: 5 Vol. 76; ISSN HYPRAX; ISSN 0018-8190
- Country of Publication:
- United States
- Language:
- English
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