US oil and gas producers continue toenjoy relatively high prices for their production. “While this isbeneficial for the upstream industry, it is pressuring consumers ofenergy and feedstocks,”..
US oil and gas producers continue to
enjoy relatively high prices for their production. “While this is
beneficial for the upstream industry, it is pressuring consumers of
energy and feedstocks,” notes a recent commentary from Nexant/
ChemSystems (www.nexant.com). Nevertheless, there is a brighter
picture of demand growth for many petrochemicals.
Olefins and intermediates.Ethylene demand is continuing to
grow. Increases in US demand are expected to be between 1 million
and 2 million metric tons per year, and for the foreseeable future
will exceed US capacity growth. The gap may be viewed as caused by,
or resulting in, a decline in US exports of petrochemicals.
Log in to view this article.
Not Yet A Subscriber? Here are Your Options.
1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.
2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the HP archives per month. $409 for an annual subscription*.
3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,995 for an annual subscription. For information about group rates or multi-year terms, contact email Peter Ramsay or call +44 20 3409 2240*.
*Access will be granted the next business day.