New Market Study, "Australia Petrochemicals Report 2014", Has Been Published
If Australia is to expand petrochemicals production and compete on the global market, it will need to leverage its gas supplies and, to a lesser extent, secure naphtha supply. Cracker capacity is likely to depend on the country's abundance in ethane, since declining oil output growth will limit the scope for expansion of naphtha streams and raise feedstock costs. However, BMI's Australia Petrochemicals Report anticipates no further increase in petrochemicals capacity over the medium term due to the small size...
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