Dateline City:
HOUSTON
A byproduct of other feedstocks, benzene capacity additions tied to new crackers and refineries, mainly in Asia, Middle East and US
According to a new IHS Chemical (NYSE: IHS) global market study, demand for benzene, an aromatic hydrocarbon and one of the primary chemical building blocks for the petrochemical industry, has rebounded following the 2009 recession, with 2012 world benzene demand forecast to be 42.1 million metric tons, which is higher than the previous demand peak of 41.6 million metric tons in 2011.
Language:
English
