Insight
Can NDRC directives accelerate China’s focus on value-added polyethylene investments?
Report summary
China’s Directory of Guidance for Industrial Restructuring came into force on 1 January 2020. The guidance, which aims to enhance the development of China’s industrial sector, encourages investment in innovative products to meet domestic demand and replace imports. Metallocene polyethylene (mPE) and alpha-olefins are two of the petrochemical products specified in the directory. Demand for mPE is growing rapidly in China, driven by advances in packaging and agricultural film, as well as urbanisation and infrastructure construction. The guidance also encourages coordinated alpha-olefins investment.
Table of contents
- Guidance encourages investment in innovative petrochemical products
- Fast-growing demand and deficient domestic supply weakens Chinese convertors’ bargaining ability
- China mPE production is increasing – albeit slowly
- Alpha-olefins investment also encouraged to match mPE development
- Opportunities and challenges
- Conclusions
Tables and charts
This report includes 4 images and tables including:
- mLLDPE-LLDPE CFR China spread increase
- China mPE capacity increase
- Sinopec is using its own technology to produce mPE while PetroChina is using foreign technology
- China alpha-olefins capacity increase
What's included
This report contains:
Other reports you may be interested in
Insight
How will China's polyethylene industry tackle overcapacity
China polyethylene industry's effort of entering high-end product market is facing risk of oversupply
$900
Commodity Market Report
Global cathode and precursor market strategic planning outlook - Q1 2024
Our latest long-term outlook detailing the global cathode and precursor market
$10,000
Insight
Recycled Polyolefins and The Emergence of Private Value Chains
Find our analysis to understand the complex waste-into-resource value chain of polyolefins
$900
