Asian PX & PTA Market Outlook ¡ª¡ªChen Hong, Regional Optimization Manager of BP Zhuhai Chemical Company Ltd.
2016-11-03 13:52:42
Ms. Chen firstly introduced world and Asian PX and PTA capacity status, and outlook for the coming five years. In recent years, PX plants saw higher operating rate than PTA plants due to oversupplied PTA and by-products of PX. Chen also introduced Asian polyester production. In the coming five years, she said, polyester production was expected to see 4.2% CAGR. She also expressed optimistic views about PTA and polyester market, and hope the industry could work together to control carbon emissions.