China petrochemical expansion to overwhelm Japan, South Korea producers
22.08.2019
MOSCOW (MRC) -- A massive surge in China's manufacturing capacity for paraxylene, a petrochemical used to make textile fibers and bottles, could force leading exporters in Japan and South Korea to cut production as early as the second quarter of 2020, said Hydrocarbonprocessing.China will add about 10 million tones of paraxylene manufacturing capacity from March 2019 to March 2020, accord