Insight
European ethylene: where are we in the cycle?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
In 2017 we estimate that the Europe (EU15+Norway) regional steam crackers ran at a nameplate utilisation rate of 91%. If planned and unplanned outage activity is included, this utilisation rate rises to 95%. All in all, another very good year for the industry. Speed forward 5 years from now and we see the addition of around 900kt of additional ethylene capacity from INEOS, across the Grangemouth and Rafnes cracker debottlenecks. We also forecast that the Porto Marghera asset will permanently cease production at the end of 2022, around this point that INEOS introduces new supply. What will happen in between?
Table of contents
- European ethylene: where are we in the cycle?
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Global economic outlook Q1 2026: pushed and pulled
Economic headwinds set to pull global growth lower in 2026
$1,150
Insight
Going back to the core: what is the master plan behind TotalEnergies’ service station divestments?
The French major chose to focus on markets where it has a competitive advantage.
$900
