Chinese Gas-Based Chemical Plant Operators Forced to Scale Down, Close Plants

摘要

A number of Chinese chemicals manufacturers are facing the prospect of having to scale down or entirely halt operations at gas-based chemicals projects in southwest China due to gas shortages and rising gas prices, Reuters reported. Guizhou Chitianhua Co, Yunnan Yuntianhua and Sichuan.Chemical Industry Holding face a combined gas supply shortfall of 3.5 billion cubic meters, according to the China Chemical Industry News. The companies make urea and methanol using natural gas as feedstock. Total natural gas demand from them is 9.5 bcm.