Business data

 Despite the economic slowdown, chemical products market demand an average annual growth rate fell slightly, China remains the world's major chemical products consumer and producer, is also a chemical products demand increase larger countries.China chemical market, especially ethylene industry chain supply gap has attracted the attention of foreign and domestic investors.Not only private enterprises, local state-owned enterprises will participate in market competition, domestic ethylene downstream products and as petrochemical projects of foreign capital entry requirements, joint venture proportion limit exemption cancelled, foreign capital will enter, basf, exxon mobil and petrochemical giant has announced that it would build ethylene project in China.