Q3 Global Ethylene Capacity and Capital Expenditure Outlook – Asia and North America impel Ethylene Industry Expansion

نتيجة بحث الصور عن ‪North America Ethylene Industry‬‏

Global ethylene capacity is poised to see considerable growth over the next five years, potentially increasing capacity from 171.12 mtpa in 2015 to 230.53 mtpa in 2020. Around 84 planned projects are slated to come online in the next five years, primarily in the US and China.

  • The US has nineteen planned ethylene projects adding capacity of about 15.89 mtpa by 2020. Capital expenditure for these projects totals US$12.67 billion over the next five years. Major capacity additions will be from Exxon Mobil Corporation and Formosa Plastics Group.
  • China has twenty-five planned ethylene projects adding capacity of about 11.52 mtpa by 2020. China’s capital expenditure for these projects is US$9.82 billion by 2020. Major capacity additions will be from China Petroleum & Chemical Corporation.
  • In Middle East, Iran has six planned ethylene projects adding capacity of about 5.20 mtpa in the coming years, planning to spend US$3.25 billion over the next five years. Sepehr Energy Corporation is the top company accounting for the major capacity additions in Iran.
  • In Former Soviet Union, the majority of capacity additions are in Russia, with planned capacity additions of about 4.33 mtpa by 2020.Capital expenditure for these projects totalsUS$15.48 billion by 2020. SIBUR Holding is the top company accounting for the major capacity additions in Russia.

In Africa, ethylene capacity additions are in Egypt, with planned capacity additions of about 1.89 mtpa by 2019. Capital expenditure for these projects totals US$1.85 billion in the coming years. In South America, Venezuela plans to spend US$0.14 billion to add capacity of about 0.8 mtpa, expected onstream by 2016.In Europe, Norway is expected to add 0.05 mtpa of ethylene capacity by 2016.

Q3 Global Ethylene Capacity and Capital Expenditure Outlook – Asia and North America impel Ethylene Industry Expansion

Report Information:
Price:
$1,500 (Single User License)
Published: Dec 2016
Publisher: GlobalData
Report Format: electronic pdf

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