RELEASED ON 05/04/13 (DD/MM/YY)
A new study from energy analysts GBI Research indicates that the shale gas boom in the USA is resulting in an increased reliance on butadiene imports. The gap between butadiene output and demand will increase in the
next few years as the USA switches from crude oil and naphtha to low-cost natural gas. US butadiene amounted to 1.9 M tonnes in 2012, while output stood at 1.6 M tonnes. GBI Research expects butadiene demand to reach 2.4 M
tonnes by 2020 and butadiene output to increase at a slower rate, hitting 1.9 M tonnes by the end of 2020. Butadiene imports in 2012 totalled 329,118 tonnes. Imports are projected to reach 524,916 tonnes by 2020.
SOURCE Icis News