The global ethylene production capacity analysis report released by the US “oil and gas magazine†in early July showed that after a small amount of global ethylene expansion in 2011, global ethylene expansion will exceed 6 million tons in 2010 after 2010. As of 2011, the United States has an ethylene production capacity of 27.593 million tons, ranking first in the world. In 2011, two new world-class ethylene plants were put into operation worldwide. One in Saudi Arabia, the capacity is 1.2 million tons/year; there is another in Venezuela, the capacity is 1.3 million tons/year. In 2010, there were 8 sets of ethylene plants of the same scale that were put into operation, with a total capacity of 8.65 million tons/year. As of January 1, 2012, the global ethylene production capacity reached 141 million tons in 2011, an increase of 2.5 million tons from 2010. Statistical data show that in 2011 the world’s top ten ethylene production combined devices ranked the same as last year. The first place is still the installation of China Taiwan Petrochemical Company in Maitai, Taiwan, China. The ethylene production capacity is 2.935 million tons per year. Ranked second, third, fourth, and fifth are joint installations of Nova Chemicals, Arab Petrochemicals, ExxonMobil Chemical, and Chevron Phillips Chemicals. The magazine also lists eight major countries in the world's ethylene production capacity by the end of last year: the US production capacity is 27.593 million tons/year, which remains the first place; China's production capacity is 15.2 million tons/year, ranking second; the production capacity in Saudi Arabia is 1315.5. 10,000 tons/year, ranking third; Japan's production capacity of 7.265 million tons/year, ranking fourth; Germany's production capacity of 5.743 million tons/year, ranking fifth; Korea's production capacity of 5.63 million tons/year, ranking No. Six; Canadian production capacity is 5.53 million tons/year, ranking seventh; Iran's production capacity is 4.734 million tons/year, ranking eighth. The ranking of the world's top ten ethylene producers in 2011 was the same as last year: Saudi Basic Industries Corporation still ranked first, with a total capacity of 13.392 million tons/year, and a capacity of 10.274 million tons/year based on shares; Chemicals, ExxonMobil Chemical, and Shell ranked second, third, and fourth respectively; Sinopec Group ranked fifth, with total capacity and in-share capacity of 7.895 million tons/year and 7.275 million tons respectively. /year. The report said that if all announced projects under construction can be put into operation on time, global ethylene capacity expansion will approach 6.5 million tons in 2012, and the pace of global ethylene expansion in 2013 will be greatly slowed to about 2 million tons. In the next few years, the pace of global ethylene plant construction will once again accelerate.
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Global ethylene expansion will exceed 6 million tons in 2010 after 2010
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