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Global Petrochemicals Capacity and Capital Expenditure Outlook

Global petrochemical industry is expected to spend around US$162.3 billion by 2020 for the upcoming projects. The US, China and Russia are the top three countries by capital expenditure for projects by 2020.<br>For more information: http://bit.ly/27Ke2bV<br>

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Global Petrochemicals Capacity and Capital Expenditure Outlook

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  1. Global Petrochemicals Capacity and Capital Expenditure Outlook Channel sales partner China, US and Iran Underpin Continuing Petrochemicals Expansion Global Petrochemicals Capacity by Region (mmtpa) 1,800 1,600 1,400 1,200 Capacity (mmtpa) 1,000 800 600 400 200 0 2010 2012 2013 2014 2015 2016 2017 2018 2019 2020 2011 Asia North America Europe Middle East South America Africa Oceania Source: GlobalData, Oil and Gas Petrochemicals Analytics [accessed January 19, 2016] Global petrochemicals capacity will grow considerably over the next five years, increasing from 1,464 million metric tonnes per annum (mmtpa) in 2015 to 1,708 mmtpa by 2020. Around 647 planned projects are slated to come online in the next five years, driven primarily by China, the US, and Iran. Asia has over half of all planned projects, with China responsible for 176 projects with a total capacity of 64 mmtpa by 2019. China Petroleum & Chemical Corporation, Shenhua Group Corporation Limited and China Coal Energy Company Limited will be the top three companies behind major capacity additions in China during the forecast period. click to purchase - http://www.jsbmarketresearch.com/energy-utilities/r-global-petrochemicals-capacity-and-capital-expenditure-outlook-237993 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

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