Thailand Petrochemicals Q3 2018
Thailand's petrochemicals industry is set for a year of robust growth in 2018 with stronger export growth. A combinationof factors will support increased output, including a recovery from a heavy turnaround schedule in 2017 which brought significantcapacity offline, stronger export growth, rising domestic demand and new capacity. The industry will continue to add to the valuechain with increased investment in basic chemicals, particularly aromatics, as well as value-added products in the polymers andpolyols segments to serve growing automotive, construction and electronics sectors. At the same time, the move towards feedstockdiversification should support the industry's competitiveness with crackers using a more optimum mix of ethane and naphtha thanthe country's Asian rivals.
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