September 2001

Trends and Resources

HP In Brief: HPIn Brief

China's consumption of plastics heats up. The continued high-speed growth of China's national economy has "propped up the domestic market to continuously boost the demand for synthetic resins," accord..

Weirauch, Wendy, Hydrocarbon Processing Staff

China's consumption of plastics heats up. The continued high-speed growth of China's national economy has "propped up the domestic market to continuously boost the demand for synthetic resins," according to a recent outlook from the SINOPEC Economics & Development Research Institute. A booming recreational economy and extensive application of plastics in the construction industry are driving the growth. Polyethylene (PE) consumption was 4.8 million tons (MMton) from January through October 2000. Polypropylene (PP) demand reached 3.9 MMton over the same period. This translates into 9.1% and 21.5% increases, respectively, from 1999. Demand for PE and PP in 2001 is projected to be 6.1 MMton and

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