SINGAPORE, November 27, 2014 /PRNewswire/ --
ICIS, a leading authority on the Chinese petrochemical and global markets, has updated its China polypropylene (PP) and polyethylene (PE) annual studies for 2014. The updated insights into China's PP and PE markets provide comprehensive data and analysis of this important region, with three-year forecasts on supply and demand.
Although the PP and PE markets are still booming in China, the world's largest importer of polyolefins, demand growth is slowing and domestic capacities are set to expand further between 2014 and 2017. The country's unique coal-to-olefins production has fundamentally altered the competitive landscape, while further developments in the region pose uncertainties to the international market.
As China's polyolefins markets continue to evolve, the new versions of the annual studies address the following questions:
- What is the global impact of Chinese coal-to-olefins plants and do they pose a threat to exporters?
- Who are the key importers in China and what do they import?
- Which key sector should international players target? Which sector driving demand growth in the country?
Both the China PP and PE annual studies have been updated to reflect recent developments and new data, covering issues such as the development of downstream industries, the acceptance of coal-to-monoethylene glycol (MEG) among downstream users and planned capacity expansions in the next three years.
Head of Asia Markets Chow Bee Lin says: "The ICIS China PP and PE Annual Studies provide crucial analysis and data that support medium and long term strategic planning. So they are important to anyone who trades in China, or whose businesses are influenced by the market dynamics in China."
In line with the new reports, ICIS is also hosting a free webinar on 9 December 2014, covering Chinese PP and PE markets. The webinar reviews in detail current developments in 2014 and gives an outlook of what to expect in 2015. Register for the free webinar here>
ICIS is the world's largest petrochemical market information provider and has fast-growing energy and fertilizer divisions. Our aim is to give companies in global commodities markets a competitive advantage by delivering trusted pricing data, high-value news, analysis and independent consulting, enabling our customers to make better-informed trading and planning decisions. We have more than 30 years' experience in providing pricing information, news, analysis and consulting to buyers, sellers and analysts.
With a global staff of more than 800, ICIS has employees based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo and Perth. ICIS is a division of Reed Business Information, part of Reed Elsevier Plc.
About Reed Business Information
At Reed Business Information we provide information and online data services to business professionals worldwide. Customers have access to our high-value industry data, analytics, information and tools. Our strong global brands hold market-leading positions across a wide range of industry sectors including banking, petrochemicals and aviation where we help customers make key strategic decisions every day. RBI is part of Reed Elsevier, a leading global provider of data, information and solutions for professional customers.