Abstract
Ethylene is booming again. The industry is off in another capacity race which should raise the nation's supply potential to more than 9 billion pounds a year by the end of 1964. Capacity this year should total 7.4 billion pounds, but an expected demand of about 6.1 billion pounds will pose problems of overcapacity. By 1967, however, demand should approach 8 billion pounds, providing a comfortable relationship between capacity and demand. In the tradition of ethylene production, most expansions are taking place along the Gulf Coast; and based on present plans, that area will have 74% of our total ethylene capacity. Another 23% will be located in the central United States. The latest round of expansions features several large plants: • Monsanto's 550 million-pound-a-year plant at Chocolate Bayou, Tex., should start production later this year. • Gulf plans a 400 million-pound plant at Cedar Bayou, Tex., which it hopes will be the center of several ...
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