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.

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