POOR DEMAND LEADS TO 50% REDUCED OPERATIONS OF PETROCHEMICAL PLANTS

Highlights:

• Ethylene demand from China had shown an ever-dropping decline since the Lunar New Year holidays in January.

• Petrochemical sources said the sluggish demand situation dragged on following the COVID-19 outbreak in China with an extended holiday and disruptions in travel, trade, and transport.

• China has been facing business losses for weeks together d....
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  Tags : petrochemical, market, business, industry, trending, coronavirus, wuhan virus, covid19, ncov, china, news,

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