Rosneft and Shell Lead Ethylene Capacity Growth
Global Ethylene capacity will experience considerable growth in the next five years, increasing from 176.46 mmtpa in 2015 to 217.19 mmtpa in 2019. Around 76 planned projects are slated to come online in the next five years, driven primarily by the US, Iran and China. Asia has 33 planned ethylene projects, out of which China has 19 projects adding capacity of 5.87 mmtpa by 2019. Among companies, Rosneft Oil Company, Royal Dutch Shell plc and China Petroleum & Chemical Corporation...
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