Research
China’s Petrochemical Expansion
China is already the world's largest producer of polyesters and is increasing its production even further. 70% of these polyesters go into the manufacture of...
Report summary
“Projected new capacity in China has the potential of disrupting global markets for intermediates that are the building blocks for virgin PET,” says senior analyst Richard A. Freundlich. “The increase in capacity may further exacerbate the cost differential between virgin and rPET having significant implications on sustainability plans.”
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