(8a) Ethylene Industry Review

This paper will focus on ethylene business aspects covering:

· Global review of the markets and market outlooks for
olefins (ethylene / propylene / butadiene)
o Overview of demand drivers
o Discussion of investment plans
o Review of trade patterns
o Analysis of relative cost positions
o Discussion of other significant industry dynamics
· Focused discussion on Shale Gas impact on North America
olefins business
o Overview of impact on feedstock (ethane) availability
o Discussion of resurgence of petrochemical investment plans
o Review of competitiveness