Wall Street Journal: For years China has been a magnet for the chemicals industry, attracting European and American companies with its cheap production costs and growing market. Now China has another attraction for the energy-intense chemical industry: vast supplies of coal that can replace oil and natural gas as raw materials for chemical production. In the last two years, China has built nearly 20 plants that convert coal into a gas that can be used to make such things as plastic and …
Coal-to-Chemicals Projects Boom in China
Wall Street Journal: For years China has been a magnet for the chemicals industry, attracting European and American companies with its cheap production costs and growing market. Now China has another attraction for the energy-intense chemical industry: vast supplies of coal that can replace oil and natural gas as raw materials for chemical production. In the last two years, China has built nearly 20 plants that convert coal into a gas that can be used to make such things as plastic and …
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