Polypropylene (PP) growth rate was 6%/yr until 2000; futuregrowth is expected to slow only slightly. PP's diversity in enduses has helped sustain its growth through 2001-a very slowindustrial spending..
Polypropylene (PP) growth rate was 6%/yr until 2000; future
growth is expected to slow only slightly. PP's diversity in end
uses has helped sustain its growth through 2001-a very slow
industrial spending year-and estimates indicate growth for the next
two years will be approximately 4%/yr, according to research from
Industrial Information Resources. Capacity increases over the past
two years such as new unit additions by both ExxonMobil and Dow
have brought nearly 1.2 billion lb/yr of new capacity to the
market. This has translated into reduced operating rates for some
producers as capacity slowly crept past demand. Additional capacity
is planned to come online in the second quarte
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