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China refiners stoke petrochemical glut in market-share war

China is relentlessly adding new petrochemical capacity despite a global glut as the country's refiners diversify from transport fuels, threatening to depress margins worldwide through 2024 as weak economic growth saps demand. ....

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China refiners stoke petchem glut in market share war as demand flags

China is relentlessly adding new petrochemical capacity despite a global glut as the country's refiners diversify from transport fuels, threatening to depress margins worldwide through 2024 as weak economic growth saps demand. In an ominous sign for producers of the chemicals used in plastic packaging, polyester clothing and auto parts, refiners' profit margins on processing naphtha to make ethylene turned negative last week for the first time since October. The profit crunch is being driven by China's refiners boosting output of olefins such as ethylene to offset an expected decline in sales of petrol and diesel as electric vehicle take-up accelerates. ....

New Delhi , Florence Tan , Ganesh Gopalakrishnan , Matthew Chye , Andrew Hayley , Mohi Narayan , Wood Mackenzie Woodmac , Sonali Paul , Sinopec Corp , Zhejiang Petrochemical Corp , Energy Aspects , International Energy Agency , Wood Mackenzie , International Energy , Guangdong Petrochemical , Jiangsu Shenghong Petrochemical , Hengli Petrochemical , Hengyi Petrochemical , Salmon Lee , Etric Tons , Global Glut , Hengli Petrochemical ,

China refiners stoke petrochemical glut in market-share war

China refiners stoke petrochemical glut in market-share war
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Wood Mackenzie Woodmac , Ganesh Gopalakrishnan , Energy Aspects , Sinopec Corp , Zhejiang Petrochemical Corp , International Energy Agency , Wood Mackenzie , International Energy , Guangdong Petrochemical , Jiangsu Shenghong Petrochemical , Hengli Petrochemical , Hengyi Petrochemical , Salmon Lee ,

China refiners stoke petchem glut in market share war as demand flags

China is relentlessly adding new petrochemical capacity despite a global glut as the country's refiners diversify from transport fuels, threatening to depress margins worldwide through 2024 as weak economic growth saps demand.In an ominous sign for producers of the chemicals used in plastic packaging, pol ....

Wood Mackenzie Woodmac , Ganesh Gopalakrishnan , Zhejiang Petrochemical Corp , Sinopec Corp , Energy Aspects , International Energy Agency , Wood Mackenzie , International Energy , Guangdong Petrochemical , Jiangsu Shenghong Petrochemical , Hengli Petrochemical , Hengyi Petrochemical , Salmon Lee ,

China refiners stoke petchem glut in market share war as demand flags

Ethylene, propylene capacity growth outpaces demand

Glut threatens Asian, European rivals

China s producers suffer losses in market share battle

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New Delhi , Mohi Narayan , Matthew Chye , Andrew Hayley , Wood Mackenzie Woodmac , Ganesh Gopalakrishnan , Florence Tan , Sonali Paul , International Energy Agency , Energy Aspects , Sinopec Corp , Zhejiang Petrochemical Corp , Wood Mackenzie , International Energy , Guangdong Petrochemical , Jiangsu Shenghong Petrochemical , Hengli Petrochemical , Hengyi Petrochemical , Salmon Lee ,