Tag: POWERR Asia initiative
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Asia: Hormuz disruption tests naphtha-reliant producers as China gains flexibility advantage
Naphtha-dependent producers face production cuts and higher costs China’s diversified feedstock model shields chemical sector from supply shock Regional players accelerate consolidation and supply-chain cooperation The disruption of Middle Eastern energy flows following the Iran conflict is exposing a structural weakness at the heart of Asia’s petrochemical industry. While Japan, South Korea and several Southeast…