The Propylene Market Recovers - New Study by Ceresana Research
The new study from Ceresana Research forecasts a dynamic development of the global demand for propylene, namely an increase of more than 20 million tons by 2017. "Sales of propylene reached their peak value of over 90 billion US dollars in 2008", reports Oliver Kutsch, the president of the market research institute. "This level will be surpassed as soon as in 2012."
China Overtakes the United States
An important factor, which will impact the global propylene market, is the massive capacity expansions for propylene and downstream products in the Middle East and China. ...