African ethylene capacity expected to rise to 4.63mtpa in the next four years,with Egypt leading the way

摘要

ETHYLENE CAPACITY IN Africa is expected to rise at an average annual growth rate(AAGR) of 18.6 per cent from 1.83 mtpa in 2018 to 4.63 mtpa in 2023,according to GlobalData.Most ethylene capacity additions will be from Egypt with capacity of around 1.70 mtpa by 2023.Global ethylene capacity is set to register growth of 40 per cent from 189.13mn tonnes per annum in 2018 in 264.13 mtpa in 2023,led by Asia and North America.The report,’Global Ethylene Industry Outlook to 2023 Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants’reveals that around 126 planned and announced plants are scheduled to come online,predominately in Asia and North America,over the next five years.