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The global polyethylene market situation and future prospect

date:2010-11-18 17:32
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, annual growth rate o

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, 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. High-density polyethylene (HDPE) polymer cent of the global demand for 17% of the total, about 3,000 tons; linear low density polyethylene (LLDPE) and low density polyethylene (LDPE) were 11% and 10%. The economy bottomed out in 2010, demand grew rapidly. The current tight supply the U.S. market polyethylene,
Musk R-1, capacity utilization reached 90%. Similar market conditions in Europe and the United States, Germany will continue to grow the domestic market,Musk R-1 price, 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. Middle East, the impact of new capacity is weaker than expected, as some Middle East production capacity has not been put into operation on schedule, the pace of productivity growth slower than expected. Next year, with new capacity into production,Musk R-1 supplier, new product into the market, the global market will need more time to supply and demand balance.

Exxon Mobil butyl rubber production capacity expansion, according to USA Today recently reported that the downstream network subsidiary of ExxonMobil Chemical ExxonMobil Youxiankuaishe Japan announced that its butyl rubber Co., Ltd. of Japan has completed the butyl rubber plant in Kawasaki 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. Butyl rubber industry in order to meet the growing demand, Butyl Rubber Co., Ltd. of Japan has been many times in the near future expansion, this expansion is butyl rubber to further service the growing market. In 2008,
CAS 3391-83-1, ExxonMobil Chemical to Bay City, Texas, butyl rubber plant's production capacity increased by 60%. Prior to this, Japan Butyl Rubber Co., Ltd. has been in 2006, its Kashima plant halogenated butyl rubber production capacity 17,000 tons / year.