Chem Systems: world styrene demand to rise.

World styrene demand, paced by a near doubling of combined requirements in East Asia and Oceania, could reach 19.3 million metric tons by 2000, an average growth rate of 3.7%/year.

So concludes Chem Systems Inc., Tarrytown, N.Y., in a study of world styrene markets through the end of the century.

The Chem Systems study generally describes an industry in transition, with progressive realignment of styrene supply and demand continuing to strain relationships between traditional and emerging players.

Pacific Rim styrene production and consumption throughout the 1990s are predicted to make up increasingly larger shares of world markets, while demand and production lag in the U.S. and western Europe. Demand and capacity in other parts …