U.S. Ethane Exports Face Licensing Hurdles After China Lifts Tariffs ...Middle East

China has waived a short-lived 125% tariff on U.S. ethane imports, but American shipments to China could be hindered by a U.S. requirement of export licenses. Ethane, a natural gas liquid primarily extracted from raw natural gas during processing, is mainly used as a feedstock for ethylene production, one of the most important building blocks in the petrochemical industry. China has waived a 125% tariff on U.S. ethane imports it had levied in early April. The tariff removal led EIA to expect strong growth in U.S. ethane production and exports.…

Read More Details
Finally We wish PressBee provided you with enough information of ( U.S. Ethane Exports Face Licensing Hurdles After China Lifts Tariffs )

Also on site :

• Wall Street warns Trump aides the GOP tax bill could jolt bond markets
• The 5 most bizarre electric vehicle designs
• Nvidia can't be stopped, Apple falls behind, and the AI data center race: Tech news roundup