Page 5 - Announced Projects News Today

Asia will lead the global purified terephthalic acid (PTA) industry capacity additions between 2022 and 2026 with a share of 77%, driven by new-build and expansion projects, forecasts GlobalData.

According to GlobalData, as of September 2022, Russia leads gas processing capacity with 63,313MMcfd in the FSU.

As of September 2022, Europe had 95 active gas processing plants with a total gas processing capacity of 51,972mmcfd.

As of September 2022, North America had 1,770 active gas processing plants with a total gas processing capacity of 227,012mmcfd.

The Middle East is expected to have the second-highest ammonia capacity additions globally, behind Asia, contributing about 9.28 mtpa of the total global new-build and expansion ammonia capacity additions by 2030.

Asia is likely to lead the global propylene capacity additions with a capacity of 35.18 million tonnes per annum by 2026, with China dominating the region’s propylene capacity additions accounting for a share of 65%, forecasts GlobalData.

Asia is expected to register the highest refinery Fluid Catalytic Cracking Units (FCCU) capacity additions globally between 2022 and 2026, accounting for approximately 48% of the total capacity additions by 2026, according to GlobalData, a data and analytics company. Fluid catalytic cracking, a type of secondary unit operation in a...

The Middle East ranks third globally contributing around 17% of global Fluid Catalytic Cracking Units (FCCU) capacity additions between 2022 and 2026 as Asia takes the top spot with 48% of the capacity additions.

The Middle East ranks third globally contributing around 17% of global Fluid Catalytic Cracking Units (FCCU) capacity additions between 2022 and 2026 as Asia takes the top spot with 48% of the capacity additions.

Asia is expected to lead the global polyethylene capacity additions between 2021 and 2026 with a share of 45%, according to GlobalData, a leading data and analytics company.