日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

US EUROPE AFRICA ASIA 中文
Business / Companies

SABIC to keep investing in China

By Lyu Chang (China Daily) Updated: 2016-03-24 08:02

SABIC to keep investing in China

A man walks past the headquarters of SABIC in Riyadh, Saudi Arabia. The company said it will continue to invest in China, especially in research and development. [Photo/Agencies]

CEO says the country remains firm's top market as demand for products keeps rising

SABIC, the Middle East's largest petrochemical company, said on Wednesday that it will continue to invest in China despite the economic slowdown in the world's second-largest economy.

"There are some signs showing the Chinese economy is slowing down, but it is still our fastest-growing market, so we will keep our investment here, especially in research and development," Yousef Abdullah Al-Benyan, vice-chairman and chief executive officer of the Saudi company, told China Daily.

He said while some industries are suffering as a result of overcapacity in the past few years, China's petrochemical industry, on the other hand, plays a key role in driving the global market.

"We have seen growing demand for petrochemical products from many sectors including construction, healthcare, electronics and packaging," he said, adding that innovation and low efficiency are bigger issues for the industry than overcapacity.

China's petrochemical sector will grow by 8.8 percent this year, according to estimates by the China Petroleum and Chemical Industry Association, much higher than the global rate of just 3 percent.

To promote innovation in the sector, SABIC has signed a cooperation agreement with Dalian Institute of Chemical Physics, a research institute under the Chinese Academy of Sciences and China National Petroleum Corp, for the research of catalyst and development of conversion of methane into olefins, aromatics and hydrogen.

The technology will enable chemical products to be made from natural gas in a more efficient and greener way.

In 2015, Brent crude prices plunged to the lowest level since 2004. Experts said that oil serves as a feedstock and price setter for many chemicals, plastics and fibers and the decline in oil prices has also led to lower petrochemical prices and higher petrochemical derivative demand.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美精品在线观看 | 一区二区播放 | 午夜网| 加勒比欧美| 男人色综合 | 欧美一级α片毛片免费观看 | 天天操天天摸天天舔 | 欧美日韩在线视频不卡一区二区三区 | 欧美亚洲视频一区 | 国产精品视频免费 | 久久av影院 | 日本三级2020| 欧美精品99| 欧美日韩国产综合视频在线看 | 欧美在线一区二区三区 | 国产成人a亚洲精品 | 搞av.com| www.久久久| 青草视频网址 | 女人色毛片女人色毛片中国 | 国产一级做人爱c黑人版 | 亚洲一区二区三区日本久久九 | 国产精品a久久久久 | 99SE久久爱五月天婷婷 | 亚洲视频三区 | 免费一二区 | 午夜电影合集 | 在线视频三级 | 日韩精品一区在线 | 在线欧美日韩 | 亚洲男人天堂网 | 国产人成精品 | 久久亚洲美女 | 澳门一级毛片免费播放 | 日韩高清一区二区 | 伊人亚洲精品 | 亚洲精品一区国产 | 三级黄色一级视频 | 亚洲成人av一区二区 | 在线观看免费黄色小视频 | 亚洲天堂网在线观看 |