(38a) Global Ethylene/Propylene: Refinery Scale Petrochemical Investments and the Impact on Global Markets

Previous announcements have become a reality concerning new refineries built on a chemicals platform with fuel as the byproduct. Long term these type of investments represent a trend that could truly change the market balance. In this presentation we will examine the differing motivations and technologies behind refinery scale olefin investments, how does North America fit into the supply/demand picture, and other long term factors that will play into petrochemical investment decisions.