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A large wave of devices will be put into production! During the year, PE increased by 5.
6 million tons, PP increased by 6.
69 million tons
In 2020, China's polyolefin industry will officially enter the stage of integration of the survival of the fittest
.
In 2021, the market will usher in a new wave of production peaks.
Polyolefin is still a year of continuous expansion of production capacity, and the low-cost advantage will be more obvious, and the sources of raw materials will tend to be more diversified
.
In 2020, the domestic PE originally planned to add 5.
65 million tons of new plant capacity, an increase of 27.
75%, much higher than 8.
99% in 2019
.
However, due to the impact of the new crown pneumonia epidemic, some devices will be delayed until 2021
.
The data shows that a total of 7 new units will be put into operation in 2020, involving a production capacity of 3.
9 million tons.
In addition, there is a delay of 1.
45 million tons of production capacity until 2021
.
In 2021, there are currently 11 PP units planned to be put into operation, involving a production capacity of about 5.
6 million tons, an increase of 22.
8% over 2020
.
Among them, an increase of 1.
25 million tons in the first quarter, 600,000 tons in the second quarter, 1.
7 million tons in the third quarter, and about 600,000 tons in the fourth quarter.
The time is uncertain, but there are two sets of plants that have a production plan, involving a production capacity of 1.
45 million tons
.
If all are put into production as planned, more capacity will be added in the first and third quarters
.
At the beginning of 2020, PP is expected to add 10 new units with a total capacity of 4.
75 million tons.
In fact, 8 units have been successfully implemented, with an additional capacity of 3.
75 million tons
.
Despite the impact of the epidemic, the commissioning of new devices in 2020 was generally smooth, with most of the successful test runs, and the production capacity delivery rate (actual new capacity/expected new capacity) reached 80%, the highest in history
.
The preliminary statistics of PP capacity expansion in 2021 is 5.
54 million tons.
Including Longyou Petrochemical (350,000 tons in the second line) and Fuji Phase II (800,000 tons) that have not been put into production in 2020, the nominal new capacity of PP in 2021 will total 6.
69 million.
ton, and the growth rate of new production capacity was 20.
1%
.
The commissioning of new devices was concentrated in the first and fourth quarters
.
