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Last updateMon, 21 May 2018 7pm

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Houston-Area Petrochemical Producers Look Beyond the U.S.

On January 31, 2018 at the "ICIS Outlook Seminar in Houston, analysts said that the region's largest plastics manufacturers are searching overseas for new export markets amid a mounting domestic glut,” the Houston Chronicle  reports.

“ICIS anticipates that through 2019, the U.S. will increase its polyethlyene production by 6.5 million tons a year. Through 2022, production could balloon by 12.1 million tons a year, increasing current production levels by nearly 75%.” 

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