May 2016

Trends and Resources

Business Trends: Global petrochemical overview—Part 2

Part 1 of this series provided an overview on the present state of the petrochemical industry, a breakdown on construction project numbers by region, as well as major trends in Africa, the Middle East and the US. Part 2 examines the landscape in Asia-Pacific, Canada, Europe and Latin America.

Nichols, Lee, Hydrocarbon Processing Staff

The global petrochemical sector will continue to see strong capacity   growth through the end of the decade. However, the global petrochemical   landscape varies significantly between regions. Part 1 of this series   provided an overview on the present state of the petrochemical industry, a   breakdown of new and active petrochemical project numbers, as well as   major trends in Africa, the Middle East and the US. In Part 2 of this series,   major petrochemical trends and projects in Asia-Pacific, Canada, Europe   and Latin America are discussed. Photo courtesy of LyondellBasell. Through 2016, the global petrochemical outlook varies significantly between regions. Part 1

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