China’s Petrochemicals Boom Escalating Fears of Global Glut
A wave of new Chinese petrochemical plants is raising fears of a deluge of exports that will put pressure on other producing nations that are already struggling with oversupply.
By Dan Murtaugh, Kathy Chen, Sarah Chen · Bloomberg Markets
A wave of new Chinese petrochemical plants is raising fears of a deluge of exports that will put pressure on other producing nations that are already struggling with oversupply.