Total construction costs for a typical 1.5 mtpa ethane cracker on the US Gulf Coast range between about $1.48 billion in a low-case scenario, $1.74 billion in a base case scenario and $2 billion in a high-case scenario, according to Petrochemical Update...
The US petrochemical market will see a sharp increase in investment in ethylene production and derivatives capacity from foreign chemical and petrochemical manufacturers, totalling at least 10 million tons of new production per year by 2025, according to...