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Asian Chemical Connections

China Aims To End Petrochemicals Imports

By John Richardson CHINA HAS changed its strategy for the petrochemicals and polymers where it is in deficit. Previously, the government accepted China’s position as a major importer. Now the plan is to move into balanced or long positions with any surpluses exported via the Belt and Road Initiative (BRI). Petrochemicals are seen as a […]

Plastic Waste Crisis: Virgin Polymers Growth Will Be Below GDP

By John Richardson AS the demand for transportation fuels declines, oil and refining companies are increasingly viewing petrochemicals as compensation for this lost demand.  Their logic is based on the theory that whilst gasoline and diesel consumption is set to fall on sustainability concerns, petrochemicals growth will remain strong. The companies have of course tremendous […]

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