The Australian petrochemicals industry is on the brink, faced with potential feedstock supply problems, a
lack of competitiveness and a saturated market. The closure of the country's automotive industry in 2017
will further dampen the sector's hopes of growth.
If Australia is to expand petrochemicals production and compete on the global market, it will need to
leverage its gas supplies and, to a lesser extent, secure naphtha supply. Cracker capacity is likely to depend
on the country's abundance in ethane, since declining o ..."
The Australian petrochemicals industry is being sidelined as investment pours into gas liquefaction,
which will be the focus of downstream developments over the next five years, according to BMI's latest
Australia Petrochemicals Report.
The future of the Australian petrochemic ..."