North American Market Has Room to Grow

North American polymer-grade (PG) and chemical-grade (CG) propylene production reached 13.8 million m.t. in 2011, and is forecast to grow a mere 0.5% this year, as domestic producers crack lighter feedslates and therefore produce less propylene, says IHS Chemical. “This is a market that had steadily grown to 16 million m.t. on the back of steam crackers and the world’s largest refining network,” Chuck Carr, director/propylene studies at IHS Chemical told attendees at the company’s 27th World Petrochemical Conference recently held in...

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