
Episode 1215: Think Tank: China petrochemicals gets complicated
Rampant overcapacity in China will change as limits to refinery expansions and new plants may sti...
ICIS - chemical podcasts · ICIS - chemical podcasts
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Show Notes
Rampant overcapacity in China will change as limits to refinery expansions and new plants may stifle feedstock availability.
- Big structural reforms needed to improve China’s economy
- China petrochemical trends become more complicated
- Country plans to cap refinery capacity at 1 billion tonnes/year from 2027-2040
- China forging closer relations with Saudi Arabia
- Swift rise in China electric vehicles threatens petrochemical feedstocks
- Zero carbon rules limit future plant construction in China
- Europe needs to act fast to protect its industry