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Sinochem News recently, GlobalData said that from 2021 to 2025, the increase in butadiene production capacity in Asia will reach 3.
65 million tons per year, accounting for 46% of the increase in global production capacity
.
The GlobalData report "Global Butadiene Industry Outlook to 2025-Capacity and Capital Expenditure Forecast" shows that by 2025, global butadiene production capacity will continue to grow substantially, and it is expected to increase from 17.
GlobalData's oil and gas analyst Amareswari Kanaparthi said: “India is the leader in new capacity in the region, and will add 1.
68 million tons of butadiene capacity per year by 2025.
Most of the new capacity will be built in the future by Jamnagar, who is confident in the industry The butadiene project of the refinery will have an additional capacity of 700,000 tons per year by 2025.
According to GlobalData, China will be the second largest country with new capacity, and the newly added capacity will reach 1.
24 million tons per year by 2025