IHS Chemical Week

Markets :: Plastics :: Polyethylene

IHS WPC 2014: Worldwide PE demand to continue growing

8:15 AM MDT | April 14, 2014 | Francinia Protti-Alvarez

Polyethylene (PE) demand increased worldwide from 66.1 million m.t./year in 2008, to about 82 million m.t./year in 2013, despite a global recession that suppressed demand in 2008-09, said Nick Vafiadis, senior director/global polyolefins and plastics at IHS Chemical, speaking at the IHS World Petrochemical Conference (WPC), which took place recently in Houston. IHS Chemical's most recent forecast says that the global PE demand “tide” will continue to rise at a healthy pace and reach 103 million m.t. by 2018. The world added net PE capacity of almost...

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