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...
