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Asian Chemical Connections

China could either see net imports of 63m tonnes in 2021-2031 or net exports of 18m tonnes!

By John Richardson CONFUSED BY the above chart? Once again I certainly hope so, provided confusion is not followed by blind paralysing panic. The chart, showing three scenarios for China’s net polypropylene (PP) imports in 2021-2031, follows last week’s chart of 2021-2031 high-density polyethylene net imports. Confusion is valuable because we need to go back […]

Water Shortages to Scupper China CTO Industry

  By John Richardson THE debate about how exactly how much coal-to-olefins (CTO) capacity China will add has been largely around the economics of the process versus that of naphtha cracking. In terms of capital costs, building a CTO complex costs 1.5-2 times more than constructing a naphtha cracker, according to our colleagues at CBI […]

China Coal-To-Olefins Storm In A Teacup?

  : Source: NRELC, China Coal Research Institute, HSBC estimates   By John Richardson THERE has been a lot of interest in China’s coals-to-olefins (CTO) industry, with arguments that it is a very economically viable method of production. On paper, there is even more capacity due on-stream than in the US as it forges ahead with […]

China Coal-to-Olefins Ambitions

By John Richardson SOME 10-15m tonne/year of coal-to-olefins (CTO) capacity in China is being considered, has already received approval or is in the planning stage, according to a report by Woori. “Major coal companies, petrochemical companies and foreign petrochemical players are all known to be planning CTO plant construction in China’s north western regions,” says the South […]

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