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Title: The Asia/Pacific chemical industry

Abstract

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.

Authors:
Publication Date:
OSTI Identifier:
6423114
Resource Type:
Journal Article
Journal Name:
Chemical Week; (United States)
Additional Journal Information:
Journal Volume: 152:4; Journal ID: ISSN 0009-272X
Country of Publication:
United States
Language:
English
Subject:
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

Citation Formats

Tattum, L. The Asia/Pacific chemical industry. United States: N. p., 1993. Web.
Tattum, L. The Asia/Pacific chemical industry. United States.
Tattum, L. 1993. "The Asia/Pacific chemical industry". United States.
@article{osti_6423114,
title = {The Asia/Pacific chemical industry},
author = {Tattum, L},
abstractNote = {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.},
doi = {},
url = {https://www.osti.gov/biblio/6423114}, journal = {Chemical Week; (United States)},
issn = {0009-272X},
number = ,
volume = 152:4,
place = {United States},
year = {Wed Feb 03 00:00:00 EST 1993},
month = {Wed Feb 03 00:00:00 EST 1993}
}