The China Connection - New petrochemical refineries: Impactful or disruptive?

China's petrochemical refiners are making their presence felt way beyond the country's borders. How will this impact global supply, demand, and trade balances? Will global operating rates be reduced?

Textile giants Rongsheng and Hengli have shaken up China's cozy, state-dominated oil market this year with the addition of close to 1mn b/d of new crude distillation capacity and vast, integrated downstream complexes. Petrochemical products, rather than conventional road fuels, are the driving force for this new breed of private sector refiner. And more are on their way.

2356 232

Suggested Podcasts

Derek Sivers

Dr Orlena Kerek weight loss coach

LakersNation.com, Blue Wire

Station 71: A Walt Disney World Podcast

Unladylike Media

Exactly Right Media – the original true crime comedy network

María Merino Fernández

Bart Vanderzee

Akash babu