November 2004

Trends and Resources

HP Impact: HPImpact: Worldwide capacity tightens for some major petrochemicals

Global pricing for light and heavy feedstocks greatly affects costs and margins for petrochemicals producers. In particular, the pricing of natural gas, oil derivatives and propylene has an enormous i..

Weirauch, Wendy, Hydrocarbon Processing Staff

Global pricing for light and heavy feedstocks greatly affects costs and margins for petrochemicals producers. In particular, the pricing of natural gas, oil derivatives and propylene has an enormous impact on the cost to manufacture propylene oxide, propylene glycol, ethylene oxide and ethylene glycol. US Gulf Coast natural gas prices continue their volatility and remain significantly higher than historical averages. With global capacity tight and demand high, Earl Shipp, global business vice president for Dow Oxides & Glycols, provides his outlook on the current market environment. Propylene oxide. PO markets are expected to grow 3% to 4%/yr. Based on industry sources, Dow ex

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