Asian petrochemicals: What impact
Journal Article
·
· Hydrocarbon Processing; (United States)
OSTI ID:7024362
- Chem Systems, Inc., Tarrytown, NY (United States)
When the authors peer into their crystal ball for the global petrochemical industry's future, they see substantial growth in virtually all markets. These increases emanate from both the large demand base in developed countries and the rapidly evolving needs in industrializing nations. A perspective on global petrochemicals can be gained by referencing ethylene demand, forecast to grow at an average rate approaching 5%/yr through 2000. The importance of East Asia is particularly impressive in view of the region's portion of worldwide ethylene demand, projected to increase from 11.7% in 1993 to 15.3% by 2000. The paper discusses the following: global comparison; hazards of buildup; petrochemical development in China; competitiveness; feedstocks; prices/revenues; variety of products; and economic opportunities.
- OSTI ID:
- 7024362
- Journal Information:
- Hydrocarbon Processing; (United States), Journal Name: Hydrocarbon Processing; (United States) Vol. 73:5; ISSN HYPRAX; ISSN 0018-8190
- Country of Publication:
- United States
- Language:
- English
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