Polymers Chinese market

The massive expansion of the Chinese economy has had a profound impact on the production and use of commodity plastics in China. The first is the considerable growth in demand for polymer products which have outstripped local supply and as a consequence China is a major importer. This has had the effect of promoting large export oriented plants in other Asian countries, with large parts of their product slate destined for the Chinese market. China is now second to Japan in the amount of ethylene produced in the Far East. The Chinese nameplate capacity is almost 7 million tonnes/year. 

---