Both joys and worries in 20091.The economic situation left no roomfor optimismWith the global financial crisis and the expectedperiodic adjustment,the petrochemicalsector in China was faced with the hugepressure of a decline in 2009.In spite of someimprovements in the economic situation afterthe second quarter of 2009,the slack demandstill restricted the recovery of the petrochemi- Both joys and worries in 20091. The economic situation left no room for optimism. The global financial crisis and the expectedperiodic adjustment, the petrochemicalsector in China was faced with the hugepressure of a decline in 2009. In spite of someimprovements in the economic situation afterthe second quarter of 2009, the slack demandstill restricted the recovery of the petrochemi-