According to GlobalData’s petrochemicals database, there were a total of 1,726 active petrochemical complexes in Asia with a further 276 announced and planned. The largest capacities of active complexes are located in China, India and South Korea the capacities of which together account for 78% of region’s petrochemical capacity. GlobalData uses proprietary data and analytics to provide a complete picture of the global petrochemicals segment. Buy the latest petrochemical plant profiles here.
In 2023, China had the highest petrochemical capacity, followed by India and South Korea. Here are the ten largest active petrochemical complexes by capacity in Asia in 2023, according to GlobalData’s petrochemicals database.
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1. Zhejiang Petrochemical Daishan Complex
Zhejiang Petrochemical Daishan Complex is located in Zhejiang, China. The plants at this complex are operated by Zhejiang Petrochemical Daishan Complex is located in Zhejiang, China. The plants at this complex are operated by Zhejiang Petrochemical Co. The complex started commercial operations in 2019 and has a petrochemical capacity of 35.64mtpa. Key products manufactured at this complex include xylenes, ethylene, benzene, polyethylene terephthalate (PET), ethylbenzene etc. Buy the profile here.
2. Hengli Petrochemical Dalian Complex
Hengli Petrochemical Dalian Complex is located in Liaoning, China. The plants at this complex are operated by Hengli Petrochemical (Dalian) Co. The complex started commercial operations in 2012 and has a petrochemical capacity of 28.16mtpa. Key products manufactured at this complex include purified terephthalic acid (PTA), xylenes, ethylene glycol (EG), ethylene, ethylene oxide (EO) etc. Buy the profile here.
3. Formosa Plastics Group Mailiao Complex
Formosa Plastics Group Mailiao Complex is located in Yun-lin Hsien, Taiwan. The plants at this complex are operated by Formosa Chemicals & Fibre Corp, Formosa Plastics Corp, Formosa Petrochemical Corp, Nan Ya Plastics, Formosa INEOS Chemicals Corp, Formosa Idemitsu Petrochemical Corporation and Formosa Asahi Spandex Co. The complex started commercial operations in 1974 and has a petrochemical capacity of 24.35mtpa. Key products manufactured at this complex include ethylene, xylenes, propylene, ethylene glycol (EG), benzene etc. Buy the profile here.
4. CNOOC and Shell Petrochemicals Company Huizhou Complex
CNOOC and Shell Petrochemicals Company Huizhou Complex is located in Guangdong, China. The plants at this complex are operated by CNOOC and Shell Petrochemicals Co Ltd. The complex started commercial operations in 2006 and has a petrochemical capacity of 12.94mtpa. Key products manufactured at this complex include ethylene, ethylbenzene, propylene, styrene, polyethylene etc. Buy the profile here.
5. LG Chem Yeosu Complex
LG Chem Yeosu Complex is located in South Jeolla, South Korea. The complex has a petrochemical capacity of 12.66mtpa. The complex started its operations in 1976 and is operated by LG Chem. Key products manufactured at this complex include ethylene, propylene, acrylonitrile- butadiene-styrene (ABS), polyethylene, ethylene dichloride (EDC) etc. Buy the profile here.
6. Wanhua Chemical Yantai Complex
Wanhua Chemical Yantai Complex is located in Shandong, China. The plants at this complex are operated by Wanhua Chemical Group Co Ltd., Wanhua Petrochemical Yantai Co Ltd, Yantai Wanhua Polyurethanes Co Ltd., Wanhua Industrial Group Co Ltd. The complex started commercial operations in 1983 and has a petrochemical capacity of 12.46mtpa. Key products manufactured at this complex include methylene diphenyl diisocyanate (MDI), ethylene, methyl tertiary butyl ether (MTBE), polyethylene, propylene etc. Buy the profile here.
7. Sinopec Zhenhai Refining & Chemical Company Ningbo Complex
Sinopec Zhenhai Refining & Chemical Company Ningbo Complex is located in Zhejiang, China. The plants at this complex are operated by Sinopec Ningbo Zhenhai Refining & Chemical Co, Ningbo ZRCC Lyondell Chemical Co, Ningbo ZRCC LyondellBasell New Material Co and Sinopec Zhenhai Refining and Chemical Co. It started operations in 1984 and has a capacity of 12.33mtpa. Key products manufactured at this complex include ethylene, ethylene glycol (EG), styrene, polyethylene, ethylene oxide (EO) etc. Buy the profile here.
8. Reliance Industries Jamnagar Complex
Located in Gujarat, India, the Reliance Industries Jamnagar Complex started operations in 1999. It has petrochemical capacity of 12.31mtpa. The plants at this complex are operated by Reliance Industries and Reliance Sibur Elastomers. Key products manufactured at this complex include xylenes, polypropylene, propylene, ethylene, benzene etc. Buy the profile here.
9. ShengHong Holding Group Lianyungang Complex
ShengHong Holding Group Lianyungang Complex is located in Jiangsu, China. It became operational in 2014 and has a petrochemical capacity of 12.04mtpa. The plants at this complex are operated by ChengHong Holding Group and Shenghong Refining & Chemical (Lianyungang). Key products manufactured at this complex include purified terephthalic acid (PTA), xylene, ethylene etc. Buy the profile here.
10. Hanwha Total Petrochemicals Daesan Complex
Hanwha Total Petrochemicals Daesan Complex is located in Gyeonggi Province, South Korea. It became operational in 1991 and has a petrochemical capacity of 11.90mtpa. The plants at this complex are operated by Hanwha Total Petrochemical Co Ltd. Key products manufactured at this complex include ethylene, xylene, ethylbenzene, styrene and propylene etc. Buy the profile here.
For more details on the Active Petrochemical complexes, buy the profiles here.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
