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Petrochemical

Chevron Phillips Chemical starts work on $6 billion petrochemical complex

The petrochemical complex will include an ethane cracker with a capacity of 1.5 million metric tons per year at the Cedar Bayou facility in Baytown, Texas.
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Demand for ethylene to rise 150% by 2040, Exxon president says

Global demand for ethylene will soar between 2010 and 2040, driven by rising needs for consumer products, according to ExxonMobil President Steve Pryor.
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Total plans to tap into Iraqi petrochemical market

French oil company Total is exploring options to expand its presence in the Middle East and tap the growing local market by constructing a large petrochemical complex in Iraq.
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US petrochemical companies pursue growth with new cracker capacity

The U.S. petrochemical industry is expected to launch an extra 7.34 million tpa of new cracker capacity by 2017, as it continues to leverage growing shale gas production and low-cost ethane that will fuel the crackers.
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BASF boosts polyarylsulfone capacity with new South Korean plant

The South Korean plant will be capable of producing 6,000 metric tons of Ultrason polyarylsulfone a year, lifting BASF's global annual capacity to 18,000 metric tons.
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Global PTFE sales to generate $6.4 billion by 2020

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

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

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

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

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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