China plans to shut petchem plants along Yangtze River
by ChemOrbis Editorial Team - content@chemorbis.com
According to the country’s local media, China will close all petrochemical ventures along the Yangtze River by the end of June 2018.
Accordingly, the country will urge legal petrochemical enterprises within a 1-kilometer radius of the Yangtze River to relocate. The illegally operating ventures with excessive pollutant emissions will be shut down by 2020 in line with the Chinese government’s strict environmental policy.
The Yangtze River Economic Belt is home to more than 400,000 chemical enterprises, the media reported.
The decision was deemed a part of China’s growing focus on pollution prevention.
Accordingly, the country will urge legal petrochemical enterprises within a 1-kilometer radius of the Yangtze River to relocate. The illegally operating ventures with excessive pollutant emissions will be shut down by 2020 in line with the Chinese government’s strict environmental policy.
The Yangtze River Economic Belt is home to more than 400,000 chemical enterprises, the media reported.
The decision was deemed a part of China’s growing focus on pollution prevention.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- US PE prices move down on weak appetite from export markets
- Further price cuts in Vietnam’s PP market fail to revive demand
- Asian PS, ABS markets remain weak on rising trade tensions
- Spot styrene sharply down in Europe and Asia
- Expectations soften for PP raffia, fibre yet to follow in Turkey
- Will PE supplies from China flock to SEA?
- LDPE, LLDPE highest since Q3 2018; HDPE at 6-month high in Europe
- Intensifying trade war adds to bearishness in China’s local PP, PE markets
- PET prices hit multi-month lows in Asia and Europe
- Rising momentum fizzles out in European PS, ABS markets
