HP Industry Perspectives: US ethane advantage appears only temporary
The ethane advantage held by the US petrochemical industry is very real, but it may not last that long.Poll findingsOut of hundreds of votes cast in April and May by readers in a HydrocarbonProcessing..
The ethane advantage held by the US petrochemical industry is very real, but it may not last that long.
Out of hundreds of votes cast in April and May by readers in a HydrocarbonProcessing.com industry poll, about 80% of professionals predicted North American ethane feedstocks would remain cost-advantaged to the US for 10 years or fewer.
Relative to the rest of the world, 49% said the US would hold its cost benefit for up to 10 years, while 31% predicted the US to maintain its advantage for only up to 5 years.
Just 20% forecast the cost savings to last for a longer period than the next decade.
Plans for new capacity
Numerous new cracker projects are slated to come onstrea
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