SUGAR LAND, Texas, Dec. 20, 2018 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--This year could be something of a high-water mark for ethylene project completions in the U.S, with new units potentially representing a combined capacity of as much as 12 billion pounds per year and investments of nearly $11 billion.
In comparison, U.S. ethylene project completions in 2017 totaled 4.6 billion pounds per year in capacity and $3.6 billion in total investment value. For 2019, Industrial Info is tracking planned ethylene project completions amounting to more than 6.1 billion pounds per year and $4.3 billion in total investment value, as the Chemical Processing Industry continues to take advantage of low-cost feedstocks.
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Brian Ford
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SOURCE Industrial Info Resources, Inc.
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