Home / Knowledge / News / Textiles / Survival of Ethylene industry lies in technological breakthroughs
Survival of Ethylene industry lies in technological breakthroughs
09
Apr '08
While the focus of global ethylene investment continues to shift towards the Middle East and Asia Pacific, Shell Chemicals see a future of continuing opportunity for ethylene producers across all the regions of the world.

Speaking yesterday at a joint meeting of the American Institute of Chemical Engineers, the American Chemistry Society and Ethylene Producers in New Orleans, USA, Shell Chemicals Vice President Strategy and Portfolio Allen Kirkley said: "By 2015, ethylene output from producers in the Middle East, China and other Asia Pacific countries is likely to exceed the combined production of Europe and North America."

Producers in North America and Europe are likely to face continued modest demand growth and increasing pressures from imports, prompting further rationalisation and restructuring.

Ethylene investments in these two regions are likely to focus on replacement capacity and increasing the reliability, efficiency and competitiveness of plants. Integrated energy and petrochemicals producers, including Shell companies, will also continue to focus efforts on maximising their oil-chemical advantage.

Allen said it is likely new investments in the Middle East will become increasingly reliant on less advantaged feedstock, and he noted that soaring engineering, procurement and construction costs are impacting investments there and in Asia Pacific.

There is also a widely accepted industry expectation that operating rates will come under pressure in the next two or three years as Middle East and Asia Pacific production moves ahead of demand in those two regions, the Shell executive said. However, this is not unusual in the historically cyclical petrochemicals industry.


Must ReadView All

UK retail firms urge Hammond to ease business rates burden

Textiles | On 20th Nov 2017

UK retail firms urge Hammond to ease business rates burden

Top British retail company CEOs have urged UK finance minister...

L-R: Surya Ajay Agarwal (Director - Donear), Vikram Mahaldar (MD - OCM) & Rahul Rajendra Agarwal (Director - Donear)

Textiles | On 20th Nov 2017

Promoters of Donear Group acquire OCM Woolen Mills

The promoters of Mumbai-based Donear Group have announced the...

Courtesy: Cornell

Textiles | On 20th Nov 2017

Cornell’s tech allows customisation of woven fabrics

Cornell Professor Steve Marschner and Rhode Island School of Design...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

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...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Wendell Rodricks
Wendell Rodricks

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

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

November 2017

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
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

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
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

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
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

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
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


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