Petrochemicals

North American olefins producers will continue to enjoy solid margins and strong demand this year, analysts say. Limited capacity increases worldwide and delayed cracker startups in the Mideast will keep operating rates strong, sources say. Also, olefins prices will remain high, due to higher production costs, sources say. Ethylene prices rose last year by 48%, to 61.5 cts/lb, on rising crude oil prices. While crude oil prices are expected to ease this year, they will not fall below $80/bbl says David Begleiter, analyst at Deutsche Bank (New York). Crude prices...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers