Chinese petrochemical expansion to overwhelm Japan and South Korea producers

Chinese petrochemical expansion to overwhelm Japan and South Korea producers
WESPECH PTE LTD
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05.09.2019

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, reported Reuters.China will add about 10 million tones of paraxylene manufacturing capacity from March 2019 to March 2020, according to com

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