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China bike-sharing boom bodes well for petrochemical industry

Posted on August 21st, 2017 by Fanny Zhang 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” »