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“China approves $20 billion mega petchem complex in Shandong oil hub”

China is reviving a $20 billion petrochemical project in eastern Shandong province.

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CIS PETROCHEMICALS
CIS PETROCHEMICALS
Coronavirus to disrupt China’s chemicals sector more than SARS
While the 2003 SARS outbreak hit during an economic supercycle, Covid-19 is set against a less favourable economic backdrop
CIS PETROCHEMICALS
Chinese polymer manufacturers reduce capacity due to overloaded warehouses
Chinese polyolefin producers are compelled to reduce capacity because the warehouses are overloaded due to temporary blockage of transportation.
CIS PETROCHEMICALS
Sibur is working on potential joint ventures with China and Saudi Arabia