SOURCE: Industrial Info Resources

Industrial Info Resources

January 07, 2016 07:30 ET

Ethylene Outlook 2016: North America to See Substantial Turnarounds, Capacity Growth, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jan 7, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas)--The start of a new year means the beginning of another round of scheduled maintenance turnarounds in ethylene plants. Nearly one third of the 52 operational ethylene units located across North America are preparing for more than 660 days of planned down time during 2016. Additionally, an estimated 4.5 billion pounds of new ethylene capacity is scheduled to come online before the year ends. As such, 2016 is destined to be a busy year for this sector of the Chemical Processing Industry.

Within this article: Details the 2016 planned activities for companies including Westlake Petrochemicals, LyondellBasell Industries NV (NYSE:LYB) The Dow Chemical Company (NYSE:DOW), Occidental Chemical Corporation (NYSE:OXY), Mexichem, Formosa Petrochemical Corporation, Total SA (NYSE:TOT), PTT Global Chemical PCL, Lotte Chemical Corporation, Axiall Corporation, NOVA Chemicals Corporation, Braskem, IDESA and Odebrecht Organization.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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