Focal Investment Fields in the Petrochemical Industry Determined

From: China Chemical Reporter | Date: May 16, 1998| Author: | Copyright information

The petrochemical industry in China is faced with challenges from both the unbalanced supply and demand and the international competition. Many problems also exist in the petrochemical industry itself. They are manifested in the following aspects.

(1) unbalanced supply and demand and deficit in foreign trade volume

The output of ethylene in China has increased rapidly in the past 10 years or so, but the per-capita amount is much lower than the world average of 13 kg. It is also true with some synthetic materials. The increasing demand has led to a large shortage of resources. To ...

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