New Policy: New established less than capacity 800,000 MT ethylene project by naphtha cracking in China will be limited

2019 New policy from China National Development and Reform Commission mentioned the new established less than 800,000 MT ethylene project by naphtha cracking in China will be limited. This means in the future, the ethylene capacity project less than 800,000 will be not easy to be approved and Chinese government encourage bigger and centralize production, high efficiency and output.