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Chemical Week Magazine :: Basic Chemicals & Plastics

Experts See Strong Outlook for Glycols

8:20 AM MDT | August 20, 2010 | Gregory DL Morris

Concerns about too much supply and diminished margins have haunted ethylene glycol (EG) producers for a long time, but there is enough underlying demand to support long-term growth, experts say. The EG market is oversupplied by about 3.5 million m.t. for this year and next, but by 2012 oversupply will have fallen to less than 3 million m.t. and by 2015 to less than 2 million m.t., says Tecnon OrbiChem (London). By 2017, consumption is forecast to exceed capacity, at 90% utilization, by almost 1 million m.t., Tecnon OrbiChem says. Until then, oversupply will be...

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