Asian Chemical Connections
As this new ICIS global ethylene project map shows, the global chemical industry is pushing ahead with ambitious plans to add vast volumes of new capacity during the rest of this decade. The spotlight is still firmly on China where government efforts to stimulate domestic chemical production are bearing fruit. It is now the number one global location for new capacity with over 25m tonnes due to come onstream.
INSIGHT: China’s apparent PE demand is too good to be true
“China’s PE demand on an apparent basis was up by a staggering a 25% in January-May this year over the same period in 2012.”
VIDEO: ICIS Special Report - Asia methanol, acetic acid