The global chemical industry substantially depends on fossil feedstocks as well as fossil energy, accounting for about 2% of total global carbon dioxide emissions.
In recent months, there have been increasing signs that the global chemical industry is being split in two, with China on one side and the West on the other.
In September 2020, China’s president Xi Jinping announced China’s targets for reducing carbon dioxide emissions at the United Nations General Assembly.
The profits of large Chinese chemical companies fell by 47% between January and September 2023. Despite this current weakness, however, it would be wrong to be very...
China’s chemical industry originally focused primarily on basic chemicals, in line with the domestic needs of a developing economy and the lower technology requirements...
The Chinese chemical distribution market is very likely the largest in the world. To be successful in this competitive market, foreign distributors in particular need to...
Historically, China’s chemical industry has mainly been located in coastal provinces, with Shandong as the biggest and Jiangsu as the second biggest province by chemical...
One of China’s key objectives of the current 14th Five-Year Plan is to reduce the dependency on imports. At least partly, this is a reaction to rising political tensions...
It sometimes seems that everyone running a business always thinks that times are tougher now than they used to be. For producers — and buyers — of commodity chemicals...
Fu Xiangsheng, Vice Chairman of the China Petroleum and Chemical Industry Federation, characterized China`s chemical industry as having a a surplus of basic chemicals and...
China`s 14th Five-Year Plan (FYP) covering the period from 2021 to 2025 will only be published after its acceptance by the National People`s Congress in March 2021.
