Global Propylene Capacity and Capital Expenditure Outlook - Dangote Group, Oriental Energy Co Ltd, and Formosa Plastics Group
Global propylene capacity is expected to experience considerable growth over the next nine years from around 120 mtpa in 2017 to more than 150 mtpa by 2026. More than 100 planned and announced propylene plants are expected to come online, primarily in Asia and the Middle East over the next nine years. Dangote Group, Oriental Energy Co Ltd, and Formosa Plastics Group are the top three companies by planned capacity additions globally over the next nine years.
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