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Petrochemicals - 16 December 2014

US and China drive global ethylene capacity

According to research by consulting firm GlobalData, global ethylene capacity will rise from 167 million tpy in 2014 to an estimated 208.5 million tpy by 2017.

 

US household gasoline expenditures down

According to the US Energy Information Administration (EIA), US household gasoline expenditures in 2015 on track to be lowest in 11 years.