| ess News Agency June 14, according to reports, | | | | petrochemical production base. |
| analysts predict, as the new Middle East capacity to | | | | The ethylene oxide / ethylene glycol production |
| start production in the next few years, global | | | | capacity can account for about 50% of the world, |
| ethylene glycol (MEG) market will face overcapacity, | | | | including Kuwait Olefins Company (TKOC) in Shuaiba |
| due to limited demand in the Middle East, a large | | | | 100 t / a production capacity; Sabic Yanbu's YanSab |
| number of products will be flooding the market , and | | | | company's 1.6 million tons / In ethylene oxide / |
| then change the pattern of international trade flows | | | | ethylene glycol production capacity; Saudi Aramco |
| of ethylene glycol. | | | | and Sumitomo Chemical joint venture in Rabigh Saudi |
| Analysis of Main Inc. (CMAI) for ethylene oxide and | | | | PetroRabigh 110 tons / annual capacity; Sabic and a |
| derivatives business manager TisonKeel said, "This | | | | consortium led by Japan's Mitsubishi Petrochemical Co., |
| year there will be an unprecedented wave of new | | | | Ltd. joint venture in Eastern Jubail Le 140 tons / |
| ethylene production capacity, about 4 million tons / | | | | annual capacity; Sabic in Jubail, 120 tons / year and |
| year, which slightly higher than expected production | | | | Jam Petrochemical Company of Iran's Assaluyeh 1.4 |
| capacity extension . But in the past month, we have | | | | million tons / year ethylene oxide / ethylene glycol |
| witnessed the world spot price of ethylene glycol | | | | production. |
| softening process, especially in Asia. " | | | | Since very little domestic demand in the Middle East |
| Ethylene oxide (EO) is second only to the second | | | | ethylene glycol, the production of most products will |
| largest ethylene derivatives of polyethylene, about | | | | enter the market, and thus can be expected that |
| 14% -15% of consumption of ethylene. About 77% | | | | the world trade center will be transferred to ethylene |
| of the ethylene oxide (EO) has transformed into | | | | glycol in the Middle East. China is expected to import |
| ethylene glycol products, mainly single-ethylene glycol | | | | most of excess capacity products to meet the |
| (MEG). The remaining 23% of the ethylene oxide | | | | growing needs of China's chemical fiber industry. |
| used in the production of pure ethylene oxide (PEO), | | | | Analysis of Main company that ethylene glycol plant in |
| the product is a reactive compound, because they | | | | North America will continue to survive, due to the |
| can not be shipped, only in the domestic market. | | | | region for low-cost ethane feedstock advantages, |
| Analysis step, the company said last year the global | | | | but also a net exporter overall. But the United States |
| demand to reach 17.8 million tons of ethylene glycol is | | | | will remain a net importer, as more and more |
| expected in 2014 will grow to about 23.6 million tons. | | | | factories were shut down, production costs are |
| Expected future global demand for ethylene glycol will | | | | lower in Canada being the transfer of raw materials. |
| continue to maintain strong growth momentum, | | | | Smaller companies will be forced to shut down, or |
| particularly in Asia. | | | | carry out production restructuring in 2009 in North |
| However, North America for polyester (PET) resins | | | | America, nearly one million tons / year of ethylene |
| and ethylene glycol container market is mature, in | | | | oxide / ethylene glycol capacity forced to close. |
| part because the region of plastic bottles to continue | | | | PDGlycols closed its PDGlycols Beaumont, Texas, two |
| development of ultra-light, which reduces the amount | | | | sets of ethylene glycol unit, a total capacity of about |
| of PET. On the other hand, global ethylene production | | | | 681,000 t / ethylene oxide / ethylene glycol, Dow |
| capacity in 2010 expected to reach about 25.4 million | | | | Chemical Company has closed its Wilton 395,000 tons |
| tons, representing an increase of approximately 15% | | | | in the United Kingdom / year ethylene oxide / |
| in 2009. Most of these new production capacity will | | | | ethylene glycol plant profit margins as weak demanda |
| come from the Middle East, and will focus on several | | | | and weak. |
| large-scale olefins plant running at full capacity, where | | | | |