As per a new report, there is overcapacity in several sectors of China’s chemicals industry, including PVC, ethylene derivates, polyester and coal-to-chemicals projects. Excess manufacturing capacity in China is increasing trade tensions with the rest of the world and holding back innovation and development of the country’s domestic industries according to the report by European Union Chamber of Commerce in China as reported in Plastics News.
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Tuesday, December 08, 2009
EU reports overcapacity in several sectors of China’s chemicals industry, including PVC
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