Derivative demand pushes ethylene capacity up

Journal Article · Mon Sep 04 04:00:00 EDT 1989 · Oil and Gas Journal; (USA)

OSTI ID:5534249

Corbett, R A

Worldwide ethylene capacity grew more in 1988 than during any other year during the decade in response to solid olefins derivatives demand. Ethylene capacity soared 6.6% above last year's capacity. High demand for olefins derivatives has boosted both demand and prices for basic olefins (ethylene and propylene) and has kept petrochemical facilities running at high utilization rates. Profitability is the best it has been during the decade. The high demand, high plant utilization, and good profits have spurred numerous announcements for more ethylene capacity worldwide. Derivative demand is also pushing demand for aromatics such as benzene. One key derivative of both ethylene and benzene is styrene monomer. Its demand was up during 1988, forcing styrene plant utilization to 100% worldwide.

• OSTI ID: 5534249
• Journal Information: Oil and Gas Journal; (USA), Journal Name: Oil and Gas Journal; (USA) Vol. 87:36; ISSN 0030-1388; ISSN OIGJA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020400* -- Petroleum-- Processing
020500 -- Petroleum-- Products & By-Products
020700 -- Petroleum-- Economics
Industrial
& Business Aspects
ALKENES
AROMATICS
BENZENE
CAPACITY
CHEMICAL PLANTS
ETHYLENE
GLOBAL ASPECTS
HYDROCARBONS
INDUSTRIAL PLANTS
MIDDLE EAST
NORTH AMERICA
ORGANIC COMPOUNDS
PETROCHEMICAL PLANTS
PETROLEUM PRODUCTS
PRICES
SURVEYS
USA