CMAI: Fibers Demand Drives Aromatics Outlook

By 2015 the market share of polyester fiber is expected to increase to more than half of world demand, analysts say, in a long-term trend that puts fundamental macroeconomics under a positive outlook for the entire supply chain from toluene through xylenes and purified terephthalic acid (PTA). The findings were released by analysts from CMAI  (Houston) and DeWitt and Co. (Houston) at their annual petrochemical conferences held this week in Houston. Karen Jones, director of fibers and feedstocks in the Americas for CMAI noted that just a decade ago both...

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