The Argus olefins team has recently reviewed and released our 10 year global ethylene balance outlook. With major capacity expansions in the US and China, we look at the impact on global operating rates, trade flows and regional balances.
In this webinar, Joe Duffy - Principal, petrochemicals consulting discusses:
- The approach taken to reach this global balance including the Argus forecast for feedstocks and GDP
- The likely growth in demand and the regional dimensions
- Our conclusions about this supply led expansion and the contrast with the demand driven trough that the industry went through following the 2009 financial crisis.