Asian Chemical Connections
China will start up five new propane dehydrogenation plants (PDH) plants this year that will boost its propylene (C3) production by 2.85m tonnes/year, industry sources said on 10 March. In 2013 propylene output was 1.85m tonnes, whilst capacity was about 2.54m tonnes
Propane consumption in the country is expected to increase by 1.6m tonnes in 2014, taking into account the requirements of the PDH plants that will begin operations throughout the year, they said.
INSIGHT: Dangers of the oil price collapse
"The negative impact of lower oil prices are not confined to the big oil producing nations alone."
VIDEO: ICIS special report - impact of lower crude oil prices