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Thursday, 31 October 2013

China Synthetic Resin Industry Report, 2013-2016

China Synthetic Resin Industry Report,( ) 2013-2016 of Sino Market Insight forecasts that by 2016 China's synthetic resin production will reach 70.58 million tons. China's synthetic resin industry has entered the high-speed development period since 2000, thus becoming the world's big producer and consumer of synthetic resin. In 2012 its synthetic resin capacity, production and apparent consumption attained to 58 million tons, 52.133 million tons and 79.473 million tons, respectively. In 2013-2016, China's synthetic resin industry will continue to face massive capacity expansion, especially polyolefin products. In 2013 SINOPEC Wuhan Company's 800,000 tons/a Ethylene Project went into operation, bringing new 600,000 tons/a polyethylene and 400,000 tons/a polypropylene production capacity; PetroChina Sichuan Petrochemical Company Ltd's 800,000 tons/a ethylene plant will add 600,000 tons/a polyethylene and 250,000 tons/a polypropylene production capacity.

Original Post China Synthetic Resin Industry Report, 2013-2016


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