By John Richardson ONCE a petrochemicals plant is built it is pretty hard to shut it down. This might well apply to Europe, which is why we think talk of widespread cracker and derivatives closures to make way for highly competitive new US and Middle East capacity could be overdone. And definitely, without any shadow […]
Asian Chemical Connections
China Coal-to-Chems Challenges
By John Richardson CHINA’s coal reserves will last only another 38 years at their present rate of extraction, according to Kai Pflug, CEO of Shanghai-based consultancy, Management Consulting – Chemicals, in this article from ICIS Chemical Business. This suggests that the current enthusiasm for coal-based chemicals, as coal supplies become constrained, might wane among China’s […]
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