|China's chemical industry's output up 10.4% in 2014
The value-added output of China's chemical industry rose 10.4% year on year in 2014, according to figures released by the National Development and Reform Commission.
The growth rate for last year was 1.8% lower than it realized in 2013.
In 2014, the output of ethylene grew 7.6% year on year to 17.04 million tons, and those of plastics in primary form rose 10.3% to 69.51 million tons.
The country’s synthetic rubber output increased 10.1% to 5.32 million tons during the period and its synthetic fiber output increased 6.9% to 40.44 million tons.
In 2014, China produced a total of 31.8 million tons of caustic soda, reflecting a year on year increase of 7.9%, while the output of soda ash and calcium carbide reached 25.15 million tons and 25.48 million tons, up 3.5% and 12.9% from a year earlier, respectively.
In 2014, China's chemical industry realized RMB 431.3 billion in profit, edged up 0.3% from a year earlier.