Home / Knowledge / News / Textiles / Global propylene output expected to double by 2017
Global propylene output expected to double by 2017
03
Jul '14
Propylene production is undergoing a dramatic shift, with the US expected to become a net exporter by 2017.
 
Rising production of propane from US shale formations, along with shifts to heavier feedstocks in the Middle East and lighter feeds in Europe are affecting propylene supply more than any other product. No product in the petrochemical chain is expected to undergo more changes in upstream sourcing, production and economics over the next few years than propylene.
 
US and Chinese producers in particular are investing heavily in propane dehydrogenation, or PDH, technology, which converts propane into propylene to fill the supply gap caused by slower growth in ethylene cracker capacity and lighter cracker feedstocks output. Argus DeWitt expects global propylene demand to lag behind capacity growth, creating a global surplus, assuming all planned capacity is built. With propylene as the base for many everyday products such as plastics, automotive parts and synthetic fibers for clothing, this signals an important trend for many businesses.
 
"The propylene industry has gone from stagnation five years ago to continuous expansion for the foreseeable future," Argus Media chairman and chief executive Adrian Binks said. "The 2014 Argus DeWitt Propylene Annual will be a valuable resource for those affected by the changing dynamics of the propylene market."
 
Olefins, such as propylene, are the largest and most liquid petrochemicals markets in the world.
 

Argus Media

Must ReadView All

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Textiles | On 18th Jan 2017

Schoeller unveils water-repelling fabric ‘bling’

Schoeller textiles, Swiss textile company, has released its new...

Textiles | On 18th Jan 2017

China lays out plan to boost foreign investment

The Government of China has outlined measures to boost foreign...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Mohammad Hassan
Biax Fiberfilm

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search