Archive | August, 2012

CTOprojectsWooriJuly2012.jpg

China Coal-to-Olefins Ambitions

By John Richardson

SOME 10-15m tonne/year of coal-to-olefins (CTO) capacity in China is being considered, has already received approval or is in the planning stage, according to a report by Woori.

“Major coal companies, petrochemical companies and foreign petrochemical players are …

Continue Reading
image72.png

Chemicals Demand Shift Will Not Be Smooth

 

By John Richardson

ADIDAS recently announced that it is to close its only directly-owned sportwear factory in China.

Many other similar factories could shut if Beijing sticks to its 12th Five-Year-Plan (2011-2015) promise to move up the industrial value chain.

The …

Continue Reading
China%20PE%20Jul12.png

China PE Demand Down 3 Percent

 By John Richardson

GROUND level economic conditions in China are still a lot weaker than headline GDP (gross domestic product) numbers suggest.

For example, a polyvinyl chloride (PVC) sales and marketing executive said: “PVC demand growth is going to be …

Continue Reading