Huge Pressure from Energy Supply and Overheated Investment——analysis of China's Petrochemical and Chemical Industry

• 来源期刊: 中国化工报导(英文版)
• 年，卷（期）: 2007,（31）
• 页码范围: 16
• 页数: 1页
• 语种: 英文

摘要

The economic performance of China's petroleum and chemical industry is comprehensively decided by four major factors now: a. economy grows rapidly,boosting consumption demand; b. supply of energy and products consuming resources tends to be tighter; c. global crude oil price will continue to stay high,driving the production cost of its downstream products; d. the overly rapid increase of investment in fixed assets is difficult to control, so more and more products will face surplus production capacity.