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Follow on Google News | Refinery Fluid Catalytic Cracking UnitsGrowth of Global Refinery FCC Capacity is mostly due to capacity additions in Asia-Pacific and Middle East and Africa
By: Rajesh Gunnam Globally, India and China have emerged as the growth engines of refinery FCC capacity. The two countries have added refinery FCC capacity of 43.0 MMtpa during the period 2005-2010, which is 43.0% of the global refinery FCC capacity. The FCC capacity in China and India is attributed to the strong demand growth of gasoline and light products in Asia Pacific and the Middle East. India and China have become net exporters of gasoline and other light products to these regions. The commencement of Jamnagar refinery II and Essar Refinery in India and the expansion of Dalian refinery, Hainan refinery and start of Qingdao and Qingyang refinery in China during the period 2005-2010, have boosted the domestic refinery FCC capacity of the two countries. For Sample Pages, please click or add the below link to your browser: http://www.globaldata.com/ The continual dieselization in Europe and the rising use of ethanol as a transportation fuel in the US, along with strict fuel efficiency standards there, have reduced the demand of refinery FCC capacity in Europe and North America. Refinery FCC capacity in Europe will see a marginal increase during the period 2011-2016. The top five countries in Europe with the highest refinery FCC capacity with the exception of Russia will see a net decline over the next five years. The falling demand of gasoline in the US has resulted in a decline of gasoline imports since late 2006. According to the Joint Organizations Data Initiative (JODI), the gasoline imports in the US have declined annually by 3.1% since 2006. This trend is likely to continue in the future, which will discourage the growth of refinery FCC capacity in North America during the period 2011-2016.The modest decrease in the refinery FCC capacity of North America, which has a major share in the existing global refinery FCC capacity, will have a regressive impact on the global refinery FCC capacity by 2016. Global Data’s new report, “Refinery Fluid Catalytic Cracking Units - Global Market Analysis, Capacity Forecasts and Competitive Landscape to 2016” is a comprehensive report on the global refinery Fluid Catalytic Cracking (FCC) market. The report provides information on global refinery FCC capacity growth and also highlights the key trends and issues in the global FCC market. The report provides in depth analysis of the global refinery FCC market with focus on the growth of refinery FCC capacity by region, major companies engaged in different markets and FCC capacity comparisons of key countries, globally. The report also forecasts refinery FCC capacity to 2016 and discusses capacity addition through planned and expansion of existing refinery FCC units across different regions globally. The report also highlights the FCC operations of some key refining companies globally. For further details, please click or add the below link to your browser: http://www.globaldata.com/ Visit our report store: http://www.globaldata.com For more details contact: pressreleases@ North America: +1 646 395 5477 Europe: Asia Pacific: # # # GlobalData is a UK-based company with presence across North America, Europe and Asia Pacific and has a broad product offering that ranges from interactive databases, reports and custom solutions. It is a comprehensive source of insights and analysis with coverage including oil & gas, power, alternative energy, nuclear power, petrochemicals, medical equipment and healthcare industries. End
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