SOURCE: Industrial Info Resources
August 30, 2016 06:30 ET
SUGAR LAND, TX--(Marketwired - Aug 30, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Words such as "whopping" are often frowned upon by old-school journalists, but use of the superlative can perhaps be forgiven in regard to the amount of new ethylene capacity that's expected to come online next year in the U.S. Fed by low-cost ethane, four major ethylene production plants, all in Texas, will come online in 2017, with 6 million metric tons per year of capacity.
Trey Hamblet, Industrial Info's vice president of research -- chemical processing, says the new ethylene capacity to come online is the largest amount that he's seen in any single year. But he's not surprised, noting that all of this new capacity began construction in the same year, back in 2014.
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