IHS Chemical: U.S. chemical capacity additions to peak in 2017

07/24/2014 | European Plastics News (U.K.)

Asia will remain a leader in global chemical supply and demand, even beyond 2020, although it will face competition from U.S. producers because of shale gas, according to IHS Chemical. Capacity additions are shifting to the U.S. and could peak at more than 15 million metric tons in 2017 -- about 20% of the global capacity additions.

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