10 November 2006 13:36 [Source: ICIS news]
RIO DE JANEIRO (ICIS news)--China’s growing investments in coal as a chemical feedstock will likely revolutionize the dynamics of the global polyvinyl chloride (PVC) market, Nexant ChemSystems said on Friday.
The low cost of Chinese coal is expected to support the country’s competitiveness in coal-based vinyl chloride monomer (VCM) production, Nexant’s vice president, chemicals, Andrew Swanson told attendees at a petrochemicals conference in ?xml:namespace>
At least six coal-derived VCM plants were operating in
According to Swanson, the use of coal as an alternative feedstock is supported by the Chinese government, which is seeking to reduce the nation’s dependency on foreign oil.
With lower production costs,
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