Global Chemicals:The polyester trade;EM stocks driven by DM capacity
类型:投资策略 机构:香港上海汇丰银行有限公司 研究员:香港上海汇丰研究所 日期:2017-06-26
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PET capacity expansions likely to disrupt North American market.
M&G Chemical (not listed) plans to start up its Corpus Christi plant in the US laterthis year, adding annual capacity of 1.1mn tons of PET and 1.3mn tons of PTA,representing increments of c25% and 28% respectively to the existing capacity base
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