Related Articles
Forward article link
Share PDF with colleagues

Now for the glut

Petrochemical supplies are still rising but demand growth is less certain than it was

IN JUBAIL Industrial City, a huge new petrochemical cracker unit is being brought on line. The unit, being built by Sadara Chemical Company, will be the Middle East's first mixed-feedstock cracker, and part of the largest chemical complex ever built in a single phase, consisting of 26 chemical-manufacturing units. They will produce 1.5m tonnes a year (t/y) of ethylene and around 400,000 t/y of propylene. Sadara will crack naphtha - an oil-derived feedstock - as well as ethane; and the decision to build it was made four years ago, with one big target in mind: China's roaring economy and its massive consumer market. Indeed, Asia remains the big hope for petrochemical producers and exporter

Also in this section
Reality bites for Canada
27 March 2017
Canada's export plans are among the world's most ambitious. And slowest to get moving
The US builds for the future
27 March 2017
Rapid rebalancing of the world's seaborne gas market will be crucial to the success of US exports
Glimmers beyond the glut
27 March 2017
Global exports are heading for a hefty surplus. It will take a brave developer to sanction a sizeable new plant without lining up buyers first