CNPC's Dalian Petrochemical Corp refinery
Petchems Report: Asia ramps up petchems production
India and China are both looking to substantially boost their petchems capacities out to 2030
The Asia-Pacific region has and will continue to be the leader in petrochemical capacity additions. Over the next several years, the region will add a substantial amount of new capacity. Ethylene capacity is forecast to increase by approximately 110mt/yr, to more than 320mt/yr. Polyethylene capacity will increase by nearly 25mt/yr, while propylene and polypropylene capacity are forecast to rise by nearly 40mt/yr and more than 43mt/yr, respectively. The region will also add a significant amount of intermediate and specialty chemicals and petrochemicals capacity. The GEI database is tracking more than 220 active petrochemical projects in Asia-Pacific. Most of these additions will be in China a
Also in this section
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
