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BY THE NUMBERS the locus of global petrochemical growth, outpacing the announced, with 53% of the investment completed or

Middle East in a shift that’s only expected to accelerate as under construction and 41% in the planning phase.

North American shale producers siphon more natural gas Fully 68% of the total is foreign direct investment or from vast reserves in West Texas and elsewhere. includes a foreign partner. Project types include new

The U.S. is now expected to add 27.9 million ton of facilities and capacity expansions. Many of the natural new natural-gas derived petrochemical production ca- resources used as inputs for these plants, as well as the pacity between 2011 to 2020 to meet new global de- petrochemicals and refnery products produced, will be mand. Since 2010, 333 chemical industry projects cu- shipped by water for domestic consumption and exports. mulatively valued at more than $200 billion have been Source: American Chemistry Council

For further information or to see the full report:

Amadee+Company / E-mail: [email protected] / tel: 305-450-1875

March 2019 12 MN