NEWS RELEASE                                                                                                                OCTOBER 2012

FGD Market Shifts toward East Asia

China is expanding its program to reduce SO2 emissions from coal-fired power plants at the same time the U.S. program is mired in battles over regulatory minutiae. The result is a slight increase in FGD revenues in 2013, but a reduced forecast for NAFTA. This is the latest finding in FGD World Markets published by the McIlvaine Company.

In the revised 2013 forecasts, the revenues will increase by $200 million to $7.8 billion. The NAFTA market is adjusted downward by $200 million while the East Asia market is adjusted upward by $400 million.

FGD Revenues ($ Millions)

 

 

World Region

 

    2013

Original

 

2013

   Revised

Africa

451

 

 CIS

0

 

 East Asia

4,846

5,246

 Eastern Europe

343

 

 Middle East

109

 

 NAFTA

1,122

922

 South & Central America

0

 

 West Asia

108

 

Western Europe

626

 

Total

7,605

7,805

 

One of the contributors to the East Asia increase is the Chinese program to upgrade efficiency of existing scrubber systems. In the U.S., the negative effect is the delayed implementation of some of the dry FGD systems which will remove both SO2 and HCl.

               U.S. FGD Dry Lime System Revenues ($ Millions)   
  

Subject

  
  

2010

  
  

2011

  
  

2012

  
  

2013

  
  

2014

  
  

2015

  
  

2016

  
  

2017

  

 Dry Lime

  146

 337

  212

 122

  168

 248

  337

  341

 

For more information on: FGD World Markets, click on: http://www.mcilvainecompany.com/brochures/air.html#N027