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China’s massive chemical plant relocations lack funding

Posted on October 6th, 2017 by in Chemicals Industry News and Analysis

China plans to complete a massive relocation of chemical plants away from cities by 2025, but financial constraints may hamper the project, which is estimated to cost Chinese yuan (CNY) 800bn ($121bn), industry sources said.

Continue reading “China’s massive chemical plant relocations lack funding” »

China bike-sharing boom bodes well for petrochemical industry

Posted on August 21st, 2017 by in Chemicals Industry News and Analysis

Bicycles of Chinese bike sharing service Mobike lined up at a subway station in Zhengzhou city in China’s Henan province (Source: Imaginechina/REX/Shutterstock)

China’s booming bicycle-sharing service is spurring investments in tyre innovation among petrochemical producers.

The number of “intelligent” bicycles available for sharing has surged to more than 30m in China in just two years of operation and is still growing. Continue reading “China bike-sharing boom bodes well for petrochemical industry” »