CMAI: Outlook Strong for North American Ethylene Industry

The North American ethylene industry is expected to remain strong through 2015 as ethane cracking continues to have a significant cost advantage over naphtha cracking, giving producers healthy margins and a favorable export position, John Stekla, director/olefins studies, CMAI (Houston) told attendees at CMAI’s World Petrochemical Conference held late last month in Houston. “The North American ethylene industry was beautifully efficient in 2010,” Stekla says. “Domestic consumption rebounded strongly and the low-cost position supported by...

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