Global Real Estate Forum

• About this group
• Forums

• Home
• Groups
• Global Real Estate Forum
• Forums
• ASIA FORUM
• China's Chemical Industrial Parks Foster Growth

• 
  TU ABBY

  The company name is only visible to registered members.

  China's Chemical Industrial Parks Foster Growth

  As the third-largest industry in China, China's chemical sector already accounts for 15% of global demand. Strong overall industrial growth, combined with improved infrastructure for supporting chemical production have combined to fuel a boom in the sector. This week, RightSite takes a closer look at China's chemical industrial parks and analyzes the advantages these specialized zones can offer to investors in the chemical world.
  
  Demand for Chemicals to Support Industry
  
  Due to the growth of industrial production, China has become the largest importer of chemicals and the third-largest consumer of chemicals in the world. China's demand for industrial chemicals has already made it account for 15% of the market worldwide.
  
  And this growth is expected to continue. A research report entitled “Finding Opportunities and Avoiding Pitfalls in China's Chemical Industry” published jointly by PriceWaterhouseCoopers and the Economist Intelligence Unit (EIU) in 2008 indicated that, “China's demand for petrochemicals and plastics is expected to rise between 6% and 8% each year over the next decade, outpacing growth in Asia (5.4%) and the world (3.6%) for the same period. And China’s chemical industry as a whole is expected to grow at an average rate of more than 10% through 2016.”
  
  Read more at: http://rightsite.asia/en/article/chinas-chemical-industrial-...
  
  • 04 Dec 2009, 04:30 am
  TU ABBY wrote: > As the third-largest industry in China, China's chemical sector > already accounts for 15% of global demand. Strong overall industrial > growth, combined with improved infrastructure for supporting chemical > production have combined to fuel a boom in the sector. This week, > RightSite takes a closer look at China's chemical industrial parks > and analyzes the advantages these specialized zones can offer to > investors in the chemical world. > > Demand for Chemicals to Support Industry > > Due to the growth of industrial production, China has become the > largest importer of chemicals and the third-largest consumer of > chemicals in the world. China's demand for industrial chemicals has > already made it account for 15% of the market worldwide. > > And this growth is expected to continue. A research report entitled > “Finding Opportunities and Avoiding Pitfalls in China's Chemical > Industry” published jointly by PriceWaterhouseCoopers and the > Economist Intelligence Unit (EIU) in 2008 indicated that, “China's > demand for petrochemicals and plastics is expected to rise between 6% > and 8% each year over the next decade, outpacing growth in Asia > (5.4%) and the world (3.6%) for the same period. And China’s chemical > industry as a whole is expected to grow at an average rate of more > than 10% through 2016.” > > Read more at: > http://rightsite.asia/en/article/chinas-chemical-industrial-parks-fost > er-growth