• Episode 1215: Think Tank: China petrochemicals gets complicated

  • Jul 16 2024
  • Duración: 21 m
  • Podcast

Episode 1215: Think Tank: China petrochemicals gets complicated Por arte de portada

Episode 1215: Think Tank: China petrochemicals gets complicated

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  • Resumen

  • 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
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