Spate of new crackers coming up in China-I: Why is China addicted to ethane?
Mar 27:
A wave of Chinese crackers -- cumulatively going up to 6930 KTA -- are coming on stream. Get full details here 8The surge is coming from non-state refineries which are now going right down the value chain 8The point to note is that they are putting up world scale capacities. They are decreasing diesel output and manufacturing chemicals instead 8Know more about Chinese ethylene cracker production cost and margins 8Why, unlike in India, propane is the principal cracker feedstock in China? Are there lessons for Indian public sector refineries here? Click on Report for more.