Home / Knowledge / News / Textiles / Derivatives of ethylene in excess supply by 2013
Derivatives of ethylene in excess supply by 2013
03
Sep '09
Japan's Ministry of Trade and Industry (METI) has recently completed a report on global petrochemical market trend and the report indicates that there will be a global excess supply of 9.6 million tons of ethylene derivatives in 2013.

The report says that growth rate of global demand for ethylene derivatives will be 2.3 percent in the period 2009 to 2013 and excess supply capacity will increase from the current 4.6 million tons to 9.60 million tons in 2013.

The report also predicts that global production capacity of ethylene derivatives will increase to 159.6 million tons in 2013. By 2013, production capacity of ethylene derivatives in China, ASEAN countries and India will rapidly expand.

Production capacity in the Middle East will reach 25.8 million tons per year in 2013, more than double, when compared to that of 2007.

As China's demand for ethylene derivatives will retain a high growth in the next few years, its imports of ethylene derivatives will be close to 10 million tons in 2013, while exports from the Middle East will reach 17.9 million tons.

Over the same period, production of propylene derivatives in Asia-Pacific and the Middle East region will rapidly increase and global excess capacity of propylene derivatives too will exceed drastically by 2013.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

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...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search