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Petrochemical

Global PTFE sales to generate $6.4 billion by 2020

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By the end of this decade, global consumption of polytetrafluoroethylene (PTFE) is expected to increase to 524.1 kilo tons.
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German petrochemical industry slow to recover from 2012 decline

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The latest Germany Petrochemicals Report revealed that the market has been driven by small and medium-sized petrochemical companies that manufacture high-value niche products with relatively stable demand.
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Colombia's petrochemical sector sees poor output performance in 2013

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Colombian market conditions are expected to improve in 2014, leading to growth in industrial production and better performance of petrochemicals-consuming sectors.
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Shell ponders new ethane cracker in Pennsylvania

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After giving up plans to build a new gas-to-liquid plant in Louisiana, Shell is considering buying additional land in Pennsylvania to construct a large petrochemical complex.
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Global petrochemical market to grow by 6.7% through 2018

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China is anticipated to retain its position as a world leader though 2018, as demand for petrochemicals will continue to grow faster than in other parts of the world.
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Brazil to increase plastics production in 2014

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The Brazilian plastics market is expected to become more favorable and profitable to local plastics producers.
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Ineos to import US ethane for Grangemouth facility

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The Grangemouth chemical plant in Scotland may go from huge losses to instant profitability thanks to the saving plan drawn up by Swiss-based international operator Ineos Group Ltd.
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Shell drops plans for $20 billion gas-to-liquids plant in Louisiana

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Oil giant Royal Dutch Shell is shelving plans for the construction of a gas-to-liquids plant in Louisiana that the company revealed in September.
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Belgium set to expand petrochemical production in 2014

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Belgium is expected to hold on to its position as a leading petrochemical producer in Western Europe as capacity in the polyesters, butadiene and synthetic fibres segments will increase.
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Brazilian petrochemical companies urge for measures to revive sector

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Brazil's petrochemical industry leaders are calling on the government to provide businesses with an incentive package that will promote investment and is asking for a lower natural gas price, so that it can have an access to cheaper domestic feedstock.
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