echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > 2021 China's bulk chemical projects welcome the peak of production

    2021 China's bulk chemical projects welcome the peak of production

    • Last Update: 2021-10-25
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Data show that 2021 years of Chinese bulk chemicals production project is expected to usher in a historic peak, according to nearly 100 discovered species of quasi commodity chemicals tracking projects under construction, it is expected in 2021 the number of production entries in excess of 521 Ge.


    Data show that 2021 years of Chinese bulk chemicals production project is expected to usher in a historic peak, according to nearly 100 discovered species of quasi commodity chemicals tracking projects under construction, it is expected in 2021 the number of production entries in excess of 521 Ge.


    The reasons for the concentrated commissioning of the projects under construction in 2021 are as follows:

    First , in the first half of 2020 , affected by the epidemic, many chemical projects under construction have been delayed due to poor equipment logistics and the inability of personnel to arrive.


    First , in the first half of 2020 , affected by the epidemic, many chemical projects under construction have been delayed due to poor equipment logistics and the inability of personnel to arrive.


    Second, Zhejiang Petrochemical at the end of 2019 and Hengli Petrochemical's integrated refining and chemical project in early 2020 were put into operation, and Bora Petrochemical's put into production in mid- 2020 , bringing the supply of many products in the integrated refining and chemical industry chain.


    Third, with China’s proper control of the epidemic and the country’s advocacy of internal circulation, coupled with the expectation of rising oil prices in 2021 , and the pursuit of foreign liquidity in the chemical industry, the expectation of centralized production of chemical projects has increased.


    We have counted nearly 100 chemical products, and selected chemical projects that are likely to be put into production in 2021 .


    Also of special note is required, 2021 Nian EVA planned production scale, accounting for body mass means there are 102% , which is basically showing the growth rate doubled.


    Similarly products as well as PO and ethylene glycol, 2021 annual additional body mass scale, respectively, accounted for 2020 years of 61% and 65% , compared with 2020 Nian increase of more than 50% .


    According to our statistics in 2021 put into operation in the regional distribution of view, the 2021 annual planned production of bulk chemicals, mainly in Zhejiang, Jiangsu, Shandong and Fujian provinces put into these projects is most concentrated, and the largest.


    In addition, Jiangsu Province will also have large-scale projects put into operation in 2021 , including Shenghong Refining and Chemical Integration, Jiahua Chemical and other projects.


    Regarding the intensive commissioning of China's chemical projects in 2021 , experts believe that:

    First of all, starting from the seven major refining and chemical bases planned by China, China’s chemical industry has chosen to take the route of large-scale development, and the start of production of the first phase of Zhejiang Petrochemical in 2019 indicates that China’s seven major refining and chemical bases will usher in a boom , So 2021 is also one of the years when China’s chemical industry will be put into production.


    First of all, starting from the seven major refining and chemical bases planned by China, China’s chemical industry has chosen to take the route of large-scale development, and the start of production of the first phase of Zhejiang Petrochemical in 2019 indicates that China’s seven major refining and chemical bases will usher in a boom , So 2021 is also one of the years when China’s chemical industry will be put into production.


    Secondly, according to the mid- and long-term development plan, the scale of chemical projects put into operation after 2021 will also continue to increase.


    Finally, China’s chemical industry is currently undergoing a transitional stage from small-scale to large-scale integrated projects.
    The main manifestation of this period is the transition from high energy consumption and low value-added to low energy consumption and high value-added, and the development of the Japanese chemical industry Very similar.
    But the difference is that the current technology of China’s chemical industry is still at an elementary level, so low-end manufacturing, light industry, and basic processing industries cannot be completely abandoned on the road to industrial upgrading.
    This also causes pain in the stage of large-scale agglomeration.
    This is also the Chinese characteristic of China's chemical industry.
    Therefore, we predict that, for a long time to come, China's traditional small and medium-sized light industry and primary manufacturing industry will still have a relatively broad room for development.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.