EXIM conducted a detailed economic impact analysis on transaction case number AP089431XX related to the production of refined petrochemicals. EXIM conducted this analysis after establishing that new foreign production capacity of the following: light naphtha, low sulfur fuel oil, paraxylene, and benzene, would be greater than 1 percent of U.S. production of the same, similar, or competing good. EXIM’s analysis determined that none of the following: light naphtha, low sulfur fuel oil, paraxylene, and benzene are currently in global oversupply, and supply is not likely to exceed demand for the three years following the foreign buyer beginning production. Additionally, EXIM conducted an analysis of where the new foreign production may compete with U.S. sales. All foreign production for the products except for Benzene is expected to be sold in regional and northeast Asian markets, and the United States does not regularly export light naphtha, low sulfur fuel oil, and paraxylene to Malaysia. Overall, EXIM estimates $115.74 million of U.S. production of competing products could be displaced, in present dollars, by the new foreign production over the 12 years of EXIM financing. EXIM estimated current and follow-on sales supported by EXIM to be $514.82 million. In netting the exports of $514.82 million and the displaced future production of $115.74, EXIM estimates that the net benefit to the U.S. economy will be $399.08 million.