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Ethylene and its connections to the oil market
Patrick Kirby explains the importance of the "backbone" of the petrochemical industry
In a recent appearance on Dukascopy TV, Patrick Kirby, Principal Analyst EMEARC Olefins, gave an overview of ethylene's uses, its importance to the oil market, and the size of the ethylene market. He shared our expectations for ethylene demand growth, where we're seeing investments for ethylene supply, and how oil prices affect the ethylene industry, especially as we approach peak oil demand.