How the US Shale Gas Revolution Curtailed Asian Petrochemicals: Analyzing Market Trends Using ZEMA

Petrochemical Trouble Brewing in the Middle Kingdom On April 28, 2014, Reuters and other sources reported that Sinopec Corp, the largest petrochemical producer in China, had put on hold a massive $3.1 billion USD ethylene plant in Qingdao, a refinery hub in China’s Shandong province.[1] The official reason cited was a safety reassessment, following last November’s […]