Home / Knowledge / News / Textiles / Global ethylene capacity to rise swiftly in 2012
Global ethylene capacity to rise swiftly in 2012
03
Jul '12
The ethylene production capacity in the world is likely to rise at a robust pace in 2012, according to a report by Oil & Gas Journal.
 
World ethylene capacity has gradually risen from 119.6 million tons per year (tpy) in 2007 to 126.7 million tpy in 2008, 130 million tpy in 2009, 138 million tpy in 2010 and around 141 million tpy in 2011.
 
In 2011, two new world-scale ethylene plants came up – a 1.2 million tpy plant in Saudi Arabia and a 1.3 million tpy plant in Venezuela. In comparison, eight new ethylene plants went operational in 2010 with a total capacity of 8.65 million tpy.
 
For 2012, OGJ predicts the global ethylene production capacity to rise swiftly by 6.5 million tpy, if all projects that are currently underway commence operations as per their schedules.
 
However, new capacity addition in 2013 may again decrease to little over 2 million tpy. But post-2013, the capacity would again continue to increase at rapid pace, according to the OGJ.
 
Several ethylene capacity expansion projects are currently underway in various parts of the world. 
 
In Africa, Japanese company Toyo Engineering Corp. and ENPPI, under the Egyptian Ministry of Petroleum, are jointly constructing a 460,000 tpy ethylene plant in Alexandria, which is scheduled to commence operations in early 2015.
 
In Asia, ExxonMobil Chemical Co. has begun commissioning its second petrochemical plant in Singapore last year. The project includes a 1 million tpy ethylene steam cracker, a 450,000 tpy polypropylene unit, and a 340,000 tpy benzene production unit.
 
An 800,000 tpy ethylene project is coming up in central China as a joint venture of South Korea’s SK Group and China Petroleum & Chemical Corp. (Sinopec).
 
In May this year, Sinopec and Mitsui Chemicals Inc. announced setting up of the world’s largest and most advanced ethylene-propylene-diene terpolymer (EPT) production plant in Shanghai Chemical Industry Park. The plant is scheduled to commence production in first quarter of 2014.
 
In the Middle East, ethylene and related projects are coming up at a quicker pace. The Government of Qatar is investing US$ 25 billion to more than double its current petrochemical production capacity of 9.2 million tpy to 23 million tpy by 2020. Likewise, new EPT projects are also envisaged in Saudi Arabia.
 
 


Must ReadView All

ITC, ICS tie up to help Moroccan textile value chain

Textiles | On 21st Apr 2018

ITC, ICS tie up to help Moroccan textile value chain

The International Trade Centre (ITC) has partnered with ICS, which...

Bangladesh garment manufacturers call for fair pricing

Apparel/Garments | On 21st Apr 2018

Bangladesh garment manufacturers call for fair pricing

Bangladesh garment manufacturers want a ‘commensurate adjustment’ by...

Pak ministry proposes extension to PM package for 2018-19

Textiles | On 21st Apr 2018

Pak ministry proposes extension to PM package for 2018-19

Pakistani textile ministry has reportedly proposed extending the...

Interviews View All

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search