December 1999

Trends and Resources

HP Impact: HPImpact: Ethylene oxide demand indicates 'excellent growth'

The ethylene oxide (EO)/mono-ethylene glycol (MEG) markets continue to be "healthy and show excellent growth prospects," according to a study from TECNON (UK) Ltd. Those looking for signs that Asian F..

Weirauch, Wendy, Hydrocarbon Processing Staff

The ethylene oxide (EO)/mono-ethylene glycol (MEG) markets continue to be "healthy and show excellent growth prospects," according to a study from TECNON (UK) Ltd. Those looking for signs that Asian Flu effects are receding will be encouraged by the demand from Asia polyester fiber manufacturers for MEG in 1999 and the announcements of new plants. Despite an EO global capacity growth of 4.1%/yr over the period 1997–2007, capacity utilization of EO plants remains high. The main growth area in EO consumption is MEG. The other ethylene oxide derivatives (EODs) have a more subdued growth rate, forecast to be about 3.1%/yr over the 10-yr period. Above-average growth trends in non-gl

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