Effect of new ethylene capacity

A STUDY* published last month by Trichem Consultants finds that new ethane-based ethylene capacity, to be constructed in the Arabian Gulf countries over the coming 10 years, will reduce the share of the ethylene derivatives market held by other producers by 5%. The new capacity will also impact on the market for propylene, which is produced as an ethylene co-product by naphtha crackers, creating opportunities for ventures outside the Gulf and also for refiners.