July 2002

Trends and Resources

HP Impact: Polypropylene: cycles in market spark renewed investment

Polypropylene (PP) is the fastest growing commodity polyolefin other than linear low density polyethylene (LLDPE). So says a new report researched by SRI International Co., Menlo Park, California. How..

Weirauch, Wendy, Hydrocarbon Processing Staff

Polypropylene (PP) is the fastest growing commodity polyolefin other than linear low density polyethylene (LLDPE). So says a new report researched by SRI International Co., Menlo Park, California. However, despite PP's stronger-than-average market performance, during 2000 and 2001 two events depressed its global utilization rate-a considerable amount of capacity additions and the unexpected slowdown of market demand in Asia, North America and, to a lesser extent, Europe. The PP utilization rate, which had been 90% in 1999 and 87.9% in 2000, dropped to 84% in 2002. Propylene was much less impacted by the slowdown, with only a small drop in capacity utilization between 2000 and 2002. Howev

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