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REVIEW OF THE PETROCHEMICAL MARKETS IN ASIA
ESTIMATE OF COMPETITIVENESS
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Annex aromatics Asian producers basic petrochemicals Benzene Butadiene capital costs China CILACAP competitive consumption cost producers crackers demand derivatives domestic market downstream products economic environmental EPRs ethane costs ethane/propane ethylene crackers ethylene production Ethylene Propylene expansion feedstock Feedstock Situation FORECAST gas fractions Gulf HAZIRA HDPE imports incentives increase India INDIA CHINA THAILAND Indonesia installation factors integration investment investors IPCL Japan Lanzhou LDPE levels low cost Malaysia and Indonesia MALAYSIA CHEMICAL MALAYSIA INDONESIA manufacture merchant ethylene Methanol million tons NAGOTHANE naphtha naphtha prices naphtha-based natural gas olefins operation opportunity cost opportunity value ownership p-xylene petrochemical complex petrochemical industry planning plants plastics Polyester potential production capacity production costs projects raw materials refineries region relatively requirements Sinopec Source Staff estimates styrene supply surplus synthetic fibers Taiwan TAIWAN CHEMICAL tariff Thailand THAILAND CHEMICAL Total trade Ulsan value of ethane YEOCHON