Global Propylene Capacity and Capital Expenditure Outlook 2016 Size, Generation, Investment Trend, Industry Analysis
Global propylene capacity will experience considerable growth in the next five years with increase from 101.3 MMTPA in 2014 to 127.1 MMTPA by 2019. Large capacity additions with more than 50 planned projects are expected to come online primarily in the China, US and Iran in the next five years. CNOOC Limited, Petroliam Nasional Berhad and C3 Petrochemicals LLC are the top three companies by capacity additions expected to come on-stream by 2019.
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