charlie murphy died

Wed, 06 May 2026 17:15:17 +0000

Chinas forecast increase of 18.7m tonnes/year of chemical capacity in 2024 will account for 81% of the total global increase in capacity. In 2024, China is forecast to account for 23% of global. ETRI expects China's ethylene capacity to increase 3.2 million mt/year to 55.15 million mt/year in 2024, after an expansion of 2.4 million mt/year in 2023. All the new capacities will be using naphtha. China is already grappling with distillation overcapacity, and it is necessary for the industry to prioritize structural optimization and increased investments in high-end development. Chinas overcapacity is not a temporary distortionits the new gravity center of global chemicals. That forces a difficult but necessary question for Western players: What is our right to.