In the Mideast, unprecedented volumes of para-xylene (p-xylene) capacity are coming to market even though major aromatics derivative projects are still few and far between—much the same way olefins derivatives projects in the region had been in the past. Over the past two decades, petrochemical capacity additions in the region have leveraged cost-advantaged feedstocks, typically methane, ethane, and liquified petroleum gas (LPG), for cracker and methanol projects. The growing scarcity of these lighter feedstocks for new projects has led to a push toward heavier feedstock crackers and a rise in xylenes capacity.
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