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World News and Views :: Projects

March 31, 2008

Global Petrochemicals

Biding Time Till Capacity Surge

Rebecca Coons with Natasha Alperowicz and Ian Young

Massive capacity additions, mainly in the Mideast as well as Asia/Pacific, are expected to drive industry operating rates lower and depress petrochemical margins by next year, analysts say. Mideast capacity “will occupy a greater and greater share of...

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