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Naphtha markets brace for margin squeeze amid supply glut in 2024

Naphtha markets brace for margin squeeze amid supply glut in 2024
hydrocarbonprocessing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hydrocarbonprocessing.com Daily Mail and Mail on Sunday newspapers.

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china: A glut of made-in-China plastic will dent oil's growth machine

China s investment in the petrochemicals industry is leading to excess capacity and falling profit margins for the industry as a whole, as a slower-than-expected rebound in demand means oversupply of materials that go into plastic-making such as ethylene and propylene is on the horizon. The construction of more than 20 petrochemical projects in China, set to be completed this year, will increase China s already significant market share of global manufacturing capacity to nearly a quarter by the end of 2020. ....

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A Glut of Made-in-China Plastic Will Dent Oil's Growth Machine

(Bloomberg) Once touted as a key driver of global oil profits, the plastics industry is staring down years of anemic margins as giant plants in China look set to send a deluge of production into the market. Most Read from BloombergWall Street Soothsayers Are Bewildered About What’s NextYellen Had Candid Five-Hour Meeting With China’s He, US SaysAnt to Buy Back Shares at 70% Lower Valuation Than at IPOCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupMacron Is Trying to Get Back ....

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A glut of made in China plastic will dent oil's growth machine

Once touted as a key driver of global oil profits, the plastics industry is staring down years of anaemic margins as giant plants in China look set to send a deluge of production into the market. ....

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China refiners stoke petchem glut in market share war as demand flags | Hellenic Shipping News Worldwide

China refiners stoke petchem glut in market share war as demand flags | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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