IHS Chemical Week

Markets :: Plastics :: Polypropylene

CW Conference: Downturn Will Slow Polypropylene Consumption

12:11 PM MDT | April 23, 2009 | Lyn Tattum in Mumbai

Global polypropylene (PP) consumption growth could be reduced by 7 million m.t. by 2013 due to the current market downturn, says Just Jansz, president/technology business at LyondellBasell. Speaking at the Second Annual India Chemical Industry Outlook conference, jointly organized by CW and the Indian Chemical Council (Mumbai), Jansz said that reduced demand will mainly be in Asia/Pacific. Western Europe and North America have seen negative demand growth in the past two years, Jansz says. Meanwhile, a lack of financing will delay some PP projects, providing an...

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