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Global ethylene output increased 7 million tpy in 2008

July 29/2009
Worldwide ethylene producers increased ethylene output capacity 7 million tpy in 2008, according to Oil and Gas Journal’s recent survey.

Mainly due to new plants in the Middle East that growth was a record one compared to 2007 when output went up by 2 million tpy, as well as to 2006 when it increased only 245.000 tpy.
 
On January 1, 2009, the global ethylene output was at the level of 126.7 million tpy, having increased 6% from 119.6 million tpy.
It is planned to launch 10 million tpy output capacities in 2009; although the global economic recession and the over-supply will most likely make that figure far lower. In the last-year’s survey, ethylene producers reported on 17 million tpy increase, as a result, the actual growth was 10 million tpy less.
 
 
Source: Oil and Gas Journal





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