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Chemical Week Magazine :: Viewpoint
Fueling Catalyst Demand
2:19 PM MDT | May 23, 2012
Despite modest growth forecasts, refinery catalyst makers remain optimistic about their prospects. Demand for fuels in high-growth economies, particularly China, is transforming refining markets as this week’s cover story shows (p. 21). Demand for fluid cracking catalysts (FCC) is growing about 3%/year, while demand for hydroprocessing catalysts (HPC) will grow 4%-6%/year, producers say. Refinery catalyst growth is tied to demand for fuels. World liquid fuels consumption grew by an estimated 800,000 bbl/day in 2011, slightly more than 1%, according to the...
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