Issue Date: March 20, 2017
China’s key feedstock: all of the above
When the price of oil started to plummet in 2014, many industry watchers assumed China would stop investing in chemical plants that use coal as a feedstock. That assumption was wrong. Across China, new chemical plants are under construction. Some consume oil; some consume coal.
Despite a slowdown in the growth of its gross domestic product (GDP) in recent years, China retains a voracious appetite for basic chemicals and polymers. The country’s enduring demand makes . . .
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