June 1999

Trends and Resources

HP Impact: HPImpact: Significant trends in aromatics processing

"Fortunately, the present difficulties being experienced by the aromatics petrochemical industry are not expected to be long lasting," according to D.W. Penner, UOP LLC, Des Plaines, Illinois. "The un..

Weirauch, Wendy, Hydrocarbon Processing Staff

"Fortunately, the present difficulties being experienced by the aromatics petrochemical industry are not expected to be long lasting," according to D.W. Penner, UOP LLC, Des Plaines, Illinois. "The underlying drives for the consumption of end products remain strong, and the current capacity overhang should be absorbed within one to two years by continuing demand growth." Mr. Penner also forecasts that: Benzene consumption is expected to grow about 15 million metric tons/year (MMtpy) and paraxylene demand should increase 13.8 MMtpy to 2007. Thus, there is a global demand ratio of about 1.1 over the period. However, this global average is not very meaningful when considering

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