(39a) Outlook for Global Ethylene Markets and Impact on North America

Dramatic changes have occurred and will continue to occur in global ethylene markets during this decade, bursting long-held paradigms. The ethylene industry in North America has weathered the most demanding of times, has enjoyed the benefits of a healing recovery, but now must cope with this uncertain future. Companies must incorporate a return, once again, to oversupplied market conditions at some point this decade in their corporate planning. This presentation will overview CMAI's latest view of global ethylene markets, and the consequential threats or opportunities for North America.