The Asia/Pacific chemical industry

Journal Article · Wed Feb 03 00:00:00 EST 1993 · Chemical Week; (United States)

OSTI ID:6423114

Tattum, L

The year of the Rooster may herald interesting change for the Asia/Pacific region. Local dynamics are shifting away from Japan, the traditional motor of the region, now in recession toward China, which is increasingly catching the imagination of investors. Japan's lead in major petrochemicals has eroded since restructuring of domestic industry. Ten years ago Japan was the location for 76% of Asian ethylene capacity, according to Chem Systems. It also held 89% of styrene capacity, 69% of polyolefins, and 62% of polyvinyl chloride (PVC). Today it accounts for only 46% of Asian ethylene, 53% of styrene, 40% of polyolefin, and 37% of PVC capacity. Another country to watch is Vietnam many companies are waiting for sanctions to lift on US investment. When they do, this country of rich oil reserves but per capita income of only $200, will look to petrochemicals as a source of foreign investment.

• OSTI ID: 6423114
• Journal Information: Chemical Week; (United States), Vol. 152:4; ISSN 0009-272X
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
ASIA
ECONOMIC DEVELOPMENT
CHEMICAL INDUSTRY
INVESTMENT
CAPACITY
CHINA
ETHYLENE
INCOME
JAPAN
PETROCHEMICALS
PETROLEUM
POLYOLEFINS
PVC
RESERVES
SANCTIONS
STYRENE
ADMINISTRATIVE PROCEDURES
ALKENES
ALKYLATED AROMATICS
AROMATICS
CHLORINATED ALIPHATIC HYDROCARBONS
DEVELOPED COUNTRIES
ENERGY SOURCES
FOSSIL FUELS
FUELS
HALOGENATED ALIPHATIC HYDROCARBONS
HYDROCARBONS
INDUSTRY
ORGANIC CHLORINE COMPOUNDS
ORGANIC COMPOUNDS
ORGANIC HALOGEN COMPOUNDS
ORGANIC POLYMERS
PETROLEUM PRODUCTS
POLYMERS
POLYVINYLS
RESOURCES
020700* - Petroleum- Economics
Industrial
& Business Aspects