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
12 June 2025
Asian and European interest gathers pace as Trump throws his weight behind frontier state
12 June 2025
The government is optimistic that increasing offshore activity and exploration will help revive flagging production, despite energy security fears
12 June 2025
Tariffs, AI, critical minerals and emerging markets all raise fundamental policy questions
