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Polyethylene Trade Outlook

February 7, 2018

North American 2017 production was adversely affected by a series of large planned and unplanned outages throughout the industry as well as Hurricane Harvey which devastated the Houston area in late August 2017. At this time US production has not fully recovered from Harvey. According to the American Chemistry Council, production for 2017 was down 0.1% even though capacity increased 6.1%. As a result of less production available to the overall market and with the domestic market growing, exports took the big hit in 2017.

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At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 112,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of more than €70 billion in 2015. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS).

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Polyethylene Trade Outlook