Due to overcapacity, the global ethylene prices expected to drop in 2008. China’s PVC producers who mainly are acetylene-based route method of polyvinyl chloride (PVC) production facing heavy competition despite China’s massive coal deposits.
The acetylene-based PVC, is facing overcapacity from ethylene prices downward trend making ethylene-based PVC production to become increasingly profitable.
The acetylene-based PVC, is facing overcapacity from ethylene prices downward trend making ethylene-based PVC production to become increasingly profitable.Coal is currently the main source of fuel for China’s power plants, and the massive growth of the Chinese economy could create a bottleneck in the supply of coal for acetylene production, something PVC producers are worrying over at the moment.
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