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: GCC chemicals production will expand on integration
“Not all new demand can be met by gas or light feedstocks.”
VIDEO: ICIS special report - impact of lower crude oil prices