Analysis of the profitability of the Middle East refining and petrochemical industry for the fourth quarter of 2017.

Analysis of the profitability of the global refining and petrochemical industry for the fourth quarter of 2017.

This report examines the environment in which China's refining industry operates, including the key economic and market drivers spurring shifts in refined product demand, and presents projections of potential product demand trends to 2030. In addition, the historical and projected development of refining capacity and output in the country is addressed, alongside implications for China's net trade position for the key refined products. Finally, analysis is presented of the independent and state-owned refining sectors, the competitiveness of Chinese refineries, and the issue of integration between refineries and petrochemical production.

The coal to olefins value chain consists of multiple steps starting with coal gasification followed by methanol synthesis and then by conversion of methanol to olefins.  This report discusses the major technologies associated with each of these steps and presents production economics for coal-based olefins with comparisons to gas- and oil-based technologies.  Global and regional supply, demand, and trade for ethylene and propylene are also presented.