October 2006

Trends and Resources

HP Impact: HPImpact: China building to reduce dependence on imported chemicals

China aims to reduce the import dependence for ethylene by bringing around 15 naphtha crackers onstream from 2006 to 2010. The eight new crackers under construction total 5.5 million tons/yr (MMtpy) o..

Weirauch, Wendy, Hydrocarbon Processing Staff

China aims to reduce the import dependence for ethylene by bringing around 15 naphtha crackers onstream from 2006 to 2010. The eight new crackers under construction total 5.5 million tons/yr (MMtpy) of ethylene. These will replace only about half of present imports of ethylene derivatives, says an analysis from market researchers with Tecnon OrbiChem (www.tecnon.co.uk). Meanwhile, demand in China will be increasing. Ethylene consumption was 7.55 MMton in 2005. Imports of ethylene derivatives totaled 10.8 MMton in ethylene equivalent in 2005. Tecnon OrbiChem forecasts these rates "are likely to grow at well above GDP rates, so at least 10% per year." In addition to the ethylene capacity c

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