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THE RACE BETWEEN SUPPLY AND DEMAND GROWTH IN ASIA OLEFINS(PPT)

机译：亚洲烯烃供需增长的种族（PPT）

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There is a race to supply the olefn demand growth in Asia, and the "cars" in this race have many "hair- pin turns to negotiate at high speeds" in order to ultimately become victorious. As an olefn market consultant, I have the opportunity to be a commentator on the current status of the race but also to be a prognosticator of who will ultimately win the race and how they will accomplish this feat. Two years ago when I presented at this conference, the world was in recession and the outlook for the olefn markets was very bearish. World ethylene demand growth was expected to be negative or below trendline levels in the 2008-2010 period at the same time that a huge wave of capacity was supposed to start-up in the Middle East and Asia, resulting in a major crash that would "close the racetrack" for the olefns business (with very poor proftability) for many years. Many olefn producers were expecting to have to remove many of their older ineffcient "cars" (steam crackers) from the market due to the expected poor operating conditions.
机译：有一种竞争亚洲在亚洲的需求增长，这场比赛中的“汽车”有许多“发型转向高速谈判”，以最终变得胜利。作为一个Olefn市场顾问，我有机会成为当前地位的评论员，也是谁将成为最终赢得比赛的预测者以及他们将如何实现这一壮举。两年前，当我在本次会议上发表时，世界的经济衰退和烯烃市场的前景非常看跌。世界乙烯需求增长预计将在2008 - 2010年期间的趋势下降，同时存在巨大的能力，应该在中东和亚洲启动，导致崩溃的重大崩溃关闭赛道“为烯烃生意（具有非常糟糕的Proftitability）多年来。由于预期的运行条件，许多烯烃生产商预计将需要从市场上删除许多较旧的较旧的无屈克“汽车”（Steam Crackers）。

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