According to the U.S. "Chemical Week" recently reported that as China, India, Latin America, Central Europe and other emerging economies, driven from 2011 to 2014 is expected to demand faster polymer growth in global GDP,Octylferrocene price, annual growth rate of more than 5%.
CMAI (Houston) statistics show that in 2009 the global polymer consumption is about 1.76 million tons, of which consumption accounted for 38% of polyethylene, close to 67 million tons. Projected annual growth rate of more than 5% by 2014, demand will more than 87 million tons of polyethylene. The current tight supply the U.S. market polyethylene, capacity utilization reached 90%. Similar market conditions in Europe and the United States, Germany will continue to grow the domestic market, export markets will gradually stronger, Turkey more than 10% annual market growth in the world in all regions will be higher than 2009 levels. PE demand growth in 2011 will not be as significant as this year, closer to the level of GDP growth, will grow 4.5% to 5.5%.
In 2009, the United States of polyethylene products are exported to the ongoing large-scale infrastructure construction in China. This year, more than exports to Canada and Mexico. U.S. exports of Chinese products reduce China's economic growth slowed because, while more new capacity into the Chinese market to compete. Some manufacturers have announced the closure of some loss of capacity to deal with the fierce market competition. Carrington LyondellBasell off in the UK at 18.5 million tons / year LDPE plant, shut down last year in France, Total Petrochemicals of 2 sets of Carling and Gonfreville LDPE plant, will close this year, Borealis in Stenungsund the 15 tons / year of LDPE production capacity, has recently Saudi Basic Industries Corporation closed Geleen in the Netherlands of 12 million tons / year LDPE plant.
Exxon Mobil butyl rubber production capacity expansion, according to USA Today recently reported that the downstream network,Octylferrocene, the Japanese subsidiary of ExxonMobil Chemical ExxonMobil Youxiankuaishe announced that its butyl rubber Co., Ltd. has completed the Japanese Kawasaki butyl rubber plant expansion, production capacity 1.8 million tons / year, total production capacity of butyl rubber to 9.8 million tons / year to meet the growing Asia Pacific market demand for butyl rubber. The expansion by the company ExxonMobil Chemical has recently developed new technology. ExxonMobil Chemical Butyl Rubber in the high-end development and application of polymers in a leading position in the industry, its products have a longer life span,CAS 51889-44-2, saving energy and reducing greenhouse gas emissions, leading to higher added value. Prior to this, Japan Butyl Rubber Co.,Octylferrocene supplier, Ltd. has been in 2006, its Kashima plant halogenated butyl rubber production capacity 17,000 tons / year.