The “Oil and Gas Journal” of the United States released a report of analysizing global ethylene capacity in early July. This report showed that after a small amount of expansion of global ethylene capacity in 2011, the world’s ethylene expansion can exceed 600 million tons again in 2012 following 2010. As of 2011, the production of ethylene of the U.S. can reach 27.593 million tons, ranking first in the world.
In 2011, there were two sets of new world-class ethylene plant putting into operation in the world. One was in Saudi Arabia, the production capacity was 1.2 million tons per year; Another one was used in Venezuela, the production was 1.3 million tons per year. There were a total of eight units of the same scale ethylene plant putting into operation in 2010, for a total capacity of 8.65 million tons every year.
As of January 1, 2012, a statistics showed that the global ethylene production capacity reached 141 million tons in 2011, an increase of 2.5 million tons in 2010.
The statistics showed that the ranking of world’s top ten ethylene (C2H4)production devices in 2011 was the same with the previous year. The first is still the device of the China Petrochemical Corporation in Mailiao, Taiwan, and the ethylene production capacity of 2.935 million tons per year. Ranked second, third, fourth and fifth, respectively were the combined unit of the Nova Chemical Company, Arabian Petrochemical Company, Exxon Mobil Chemical Company and Chevron Phillips Chemical Company.
The report said that if all announced projects under construction to production on time, the global ethylene capacity expansion in 2012 will close to 6.5 million tons, while in 2013 the global ethylene capacity expansion pace will significantly slow down, about 2 million tons. After a few years, the world’s ethylene plant construction pace will accelerate again.