CNPC's Dalian Petrochemical Corp refinery
Petchems Report: Asia ramps up petchems production
India and China are both looking to substantially boost their petchems capacities out to 2030
The Asia-Pacific region has and will continue to be the leader in petrochemical capacity additions. Over the next several years, the region will add a substantial amount of new capacity. Ethylene capacity is forecast to increase by approximately 110mt/yr, to more than 320mt/yr. Polyethylene capacity will increase by nearly 25mt/yr, while propylene and polypropylene capacity are forecast to rise by nearly 40mt/yr and more than 43mt/yr, respectively. The region will also add a significant amount of intermediate and specialty chemicals and petrochemicals capacity. The GEI database is tracking more than 220 active petrochemical projects in Asia-Pacific. Most of these additions will be in China a
Also in this section
3 June 2025
Datacentres to drive demand for gas and position the fuel as more than just a bridging solution
2 June 2025
It is time to acknowledge that the US-Saudi Arabia nexus is driving a fundamental shift in OPEC strategy
2 June 2025
More than anything else, weak Chinese gas demand is providing relief to EU consumers, but it is uncertain how long this relief will last
30 May 2025
Energy majors argue transition debate has started to factor in the complexities of demand shifts and the wider role for gas
