Capacity build-up to force volumes west…even from Asia?

China, Projects, Styrenics, Taiwan

There’s been a lot of talk about the next wave of Middle East capacity being too great for Asia to absorb all the Asian volumes. Indeed, estimates abound over western growth being satisfied by the M-E over the next 3-5 years.
But here’s a thought: what if China’s capacity build-up leads producers elsewhere in Asia to increasingly target western markets.
A case in point are these claims from expandable polystyrene producers that they even expanding to serve the European market, never mind just shifting volumes that used to go to China.


Bad news for polyvinyl chloride?


And also a whole host of other chemicals if this article on the excellent All Ro...

Learn more

Watch out for the Black Swans and dump the consultants


The former trader turned professor, Nassim Nicholas Taleb, in his new book The B...

Learn more
More posts
China’s bans on single-use plastics: The impact on polyethylene demand

    By John Richardson DON’T SAY I didn’t tell you. It has always been just a question...

Why the trade deal is much ado about almost nothing

These are, as always, my personal views and do not express the views of ICIS. Thanks By John Richard...

The polymers industry, climate change and a call to action

By John Richardson MUCH OF the debate about plastics and the environment is, I fear, missing the big...

Why President Trump, unlike with Iran, will find it harder to shift course on China

As always, these are my personal views only and do not represent the views of ICIS. Thank you  ...

US and Iran conflict in a world of declining growth and fragile supply chains

By John Richardson THINK of the Fukushima disaster in 2011 and multiply its impact on global supply ...

Iran and the US: Assessing the risks for petrochemicals and the global economy

As always, these are my personal views only and don’t reflect the views of ICIS By John Richar...

China benzene and its derivatives could see negative growth in 2019

        By John Richardson NOW let’s put this all together. My LinkedIn post o...

US/China trade deal achieves little as China pushes hard towards petrochemicals self-sufficiency

By John Richardson PRESIDENT Trump has promised a “tremendous amount of business” for US farmers...


Market Intelligence

ICIS provides market intelligence that help businesses in the energy, petrochemical and fertilizer industries.

Learn more


Across the globe, ICIS consultants provide detailed analysis and forecasting for the petrochemical, energy and fertilizer markets.

Learn more

Specialist Services

Find out more about how our specialist consulting services, events, conferences and training courses can help your teams.

Learn more

ICIS Insight

From our news service to our thought-leadership content, ICIS experts bring you the latest news and insight, when you need it.

Learn more