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IHS WPC 2012: Basic Chemical Demand to Hit 1 Billion m.t./year in 2020

9:30 AM MDT | March 29, 2012 | Robert Westervelt in Houston

Global petrochemical and plastics demand will expand about 4.4%/year through 2020, Gary Adams, chief advisor for IHS Chemical, told attendees at IHS Chemical’s World Petrochemical Conference being held this week in Houston. Petrochemical earnings should reach a global peak in 2015-2017, he adds.
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