LyondellBasell’s Spheripol Technology Dominates The Polypropylene Production Technology
11/04/2009

Bharatbook.com added a new report on "The Future of the Polypropylene Industry to 2015: Investment Opportunities, Analysis and Forecasts of All Active and Planned Polypropylene Plants" gives status of Polypropylene Industry.

Online PR News – 04-November-2009 – – The Future of the Polypropylene Industry to 2015: Investment Opportunities, Analysis and Forecasts of All Active and Planned Polypropylene Plants is an in-depth report on the global polypropylene industry. The report presents detailed analysis and forecasts of the global polypropylene plants capacity in all the major regions and countries of the world. It includes analysis of total polypropylene plant capacity by key feedstock, process and technology. Capacity share analysis of major polypropylene producers by region and country is also included in this comprehensive report covering all the major parameters for all the major regions of the world. ( http://www.bharatbook.com/Market-Research-Reports/The-Future-of-the-Polypropylene-Industry-to-2015-Investment-Opportunities-Analysis-and-Forecasts-of-All-Active-and-Planned-Polypropylene-Plants.html )

 Asia Pacific Region Will Have The Most Polypropylene Capacity Additions To 2015
The Asia Pacific region has more than ten million tons of planned capacity additions accounting for more than 50% of the global planned capacity additions until 2015. The demand growth in rapidly developing economies of China and India are the reasons for the rapid capacity build up in the region. These two countries have more than seven million tons of planned capacity additions until 2015, accounting for more than 70% of the planned capacity additions in the Asia Pacific region. China is the largest consumer and importer of polypropylene in the world. The demand growth in the country has been more than 15% per annum for the past decade and has an import dependence of more than 30% per annum. The need to meet rising demand and reduce the import dependence has led to more than four million tons of planned capacity additions in the country from 2009 to 2015.

The Middle East Region Will Be The Largest Exporter Of Polypropylene
The Middle East region will add more than five million tons of capacity in the next five years, transforming it to become the largest exporter of polypropylene in the world. The advantage of low cost feedstock and need to diversify the region’s export basket, has led to large capacity additions of polypropylene in the region. Most of the production facilities are located in Saudi Arabia and Iran and have come up in the last five years. These two countries have some of the largest reserves of crude oil and natural gas available at extremely competitive rates, giving the producers significant pricing advantage as feedstock costs account for almost 50% of the production costs of polypropylene.

Polypropylene Capacity Growth Is Flat In Developed Markets Of North America And Europe
The capacity additions in the developed markets of North America and Europe will be negligible in the forecasted period. These regions are already suffering from low demand and high capacity and have some of the highest per capita consumption of polypropylene and lowest population growth rates. Under these scenarios, there is little scope for new capacity additions. Russia is the only country in Europe planning major capacity additions as abundance of crude oil and natural gas and rising domestic demand is driving the market. It is planning more than two million tons of capacity additions from 2009 to 2015. There are no capacity additions in the developed countries of Western Europe and North America due to stagnant demand outlook and excess capacity.

LyondellBasell’s Spheripol Technology Dominates The Polypropylene Production Technology
LyondellBasell’s Spheripol technology dominates the active and planned capacities, making it the preferred technology for polypropylene production globally. In 2008, it accounted for 34.9% of the installed global polypropylene capacity of more than 53 million tons. Spheripol also accounts for 36% of more than 20 million tons of global polypropylene planned capacity additions from 2009 to 2015. This shows the technology’s dominance in the industry which was a result of more than 25 years of continuous improvements in the process. Design flexibility, low capital and operating costs, safety and loss prevention are some of the salient features of the technology that made it preferred by most companies in the world.

To know more and to buy a copy of your report feel free to visit : http://www.bharatbook.com/Market-Research-Reports/The-Future-of-the-Polypropylene-Industry-to-2015-Investment-Opportunities-Analysis-and-Forecasts-of-All-Active-and-Planned-Polypropylene-Plants.html

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