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Chemical Week Magazine :: Viewpoint

The Capacity Question

12:38 PM MDT | July 26, 2007 | Robert Westervelt Robw@Chemweek.Com

Global petrochemical makers head into NPRA’s International Petrochemical Conference in San Antonio next week in an upbeat mood, as our cover story demonstrates (p. 15). The expected timing of the industry’s next trough is being pushed out as project delays in the Mideast mount, particularly in Iran, and economic growth remains strong worldwide. To be sure, an onslaught of Mideast supply is coming, but the big question is just when it will tip industry balances. Leading North American CEO’s including Dan Smith at Lyondell Chemical and Jeff Lipton...

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