Released November 10, 2020 | SUGAR LAND
en
Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--More than 1,200 petrochemical projects valued at over $110 billion are scheduled to begin construction around the world this year. Next year, more than 3,000 petrochemical projects are slated to begin construction globally. The value of those projects rises to more than $400 billion.
And that's not even taking account of the turnarounds that will be performed on existing petrochemical plants.
The chemical marketers, traders and arbitragers who subscribe to IIR Energy's EnergyLive are fully aware of the supply-and-demand fundamentals driving billions of dollars of construction and turnaround activity in that industry. It has grown dramatically in recent years, but not equally across all markets.
The availability of inexpensive natural gas liquids (NGL) feedstocks is a critical factor, along with local demand, affecting when and where new capacity will be built.
"EnergyLive serves as a vital boost to in-house research," said Paul Copello, president of IIR Energy (Sugar Land, Texas), a division of Industrial Info Resources. "Billions of dollars are riding on the correct decisions in the petchem market."
The service provides subscribers with supply-and-demand fundamentals insight into the entire petrochemicals and olefins global supply, including:
And that's not even taking account of the turnarounds that will be performed on existing petrochemical plants.
The chemical marketers, traders and arbitragers who subscribe to IIR Energy's EnergyLive are fully aware of the supply-and-demand fundamentals driving billions of dollars of construction and turnaround activity in that industry. It has grown dramatically in recent years, but not equally across all markets.
The availability of inexpensive natural gas liquids (NGL) feedstocks is a critical factor, along with local demand, affecting when and where new capacity will be built.
"EnergyLive serves as a vital boost to in-house research," said Paul Copello, president of IIR Energy (Sugar Land, Texas), a division of Industrial Info Resources. "Billions of dollars are riding on the correct decisions in the petchem market."
The service provides subscribers with supply-and-demand fundamentals insight into the entire petrochemicals and olefins global supply, including:
- Ethylene
- Methanol
- Polyethylene
- Polypropylene, and
- Propane Dehydrogenation (PDH) In addition to providing users with unbeatable insights into new construction plans, EnergyLive also provides users continually updated market intelligence on chemical plant operating rates as well as planned and unplanned outages.
Best of all, subscribers have access to a live hotline where IIR Energy's subject-matter experts answer your questions.
Subscribers also receive access to IIR Energy's Weekly Ethylene Outlook, where they can track offline ethylene capacity, current and planned turnarounds, and a running total of ethylene projects under construction and changes in aggregate capacity.
"The petchem market had a huge buildout in the U.S. in recent years, driven partly by access to low-cost feedstock, but that market has moved overseas in recent years to be closer to demand centers," Copello noted. "Subscribers to EnergyLive were able to track that movement in real time, and they are better off today for it."
Contact iirteam@iirenergy.com for an electronic introduction to EnergyLive.
About IIR Energy:
IIR Energy is a long-time provider of critical supply-side market intelligence, news, data, analysis and insights on trends and developments within energy and industrial sectors, enabling analysts, bankers, traders and other market participants to optimize their decision-making and profitability. Our fundamentals market intelligence in Petrochemicals, Oil, Natural Gas, Refining and Power Generation, coupled with access to Industrial Info Resources' unparalleled project and plant database, turns information into intelligence.
About Industrial Info Resources:
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
