Development of China’s petrochemical industry has achieved outstanding results but still severe overcapacity problem
National Petrochemical industry to improve carbon reduction targets early January , the state issued the ” industry response to climate change action plan ( 2012 to 2020 ) , requires that by 2015 the petrochemical , chemical industry carbon dioxide emissions per unit of industrial added value down 18 % in 2010 and 17 % higher than the previous two percentage points above target , the development of low-carbon industry has put forward higher requirements. Continue reading