China's ethylene sector continues to expand, attract foreign investment

01/05/2004
China will continue to use a variety of refined products and condensate to produce ethylene, but the predominant feedstock in the next 10 years will be naphtha. China will soon become a net importer of naphtha; naphtha import requirements will increase substantially in 2010 and after.The ethylene sector is one of the fastest-growing industrial sectors in China due to the country's increasing demand for petrochemical products and huge import requirements.Because China needs huge amounts of capital and advanced technology, the Chinese government encourages foreign companies to invest in the petrochemical sector or refinery-petrochemical integration projects.China's petrochemical sec...
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