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    Home > Chemicals Industry > China Chemical > In 3 years, 5.18 million tons of new production capacity will be added. Which companies are deploying ABS?

    In 3 years, 5.18 million tons of new production capacity will be added. Which companies are deploying ABS?

    • Last Update: 2021-06-09
    • Source: Internet
    • Author: User
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    At 8 am on May 4th , the Jihua (Jieyang) ABS project officially started.


    At 8 am on May 4th , the Jihua (Jieyang) ABS project officially started.


    Jilin Chemical (Jieyang) 600,000 tons / year ABS and its supporting projects are an important task assigned to Jilin Petrochemical Company by China National Petroleum Corporation (hereinafter referred to as PetroChina), and it is a demonstration of promoting the transformation and upgrading of the group's refining and chemical business.


    Guangdong Refining and Chemical Integration ProjectGuangdong Refining and Chemical Integration Project

    Guangdong Petrochemical's refining and chemical integration project, including 20 million tons / year oil refining + 2.


    Guangdong Petrochemical's refining and chemical integration project, including 20 million tons / year oil refining + 2.


    Jihua's unique advantagesJihua's unique advantages

    Jilin Petrochemical Company is a branch company established by PetroChina in Jilin City.


    Jilin Petrochemical Company is a branch company established by PetroChina in Jilin City.


    Recent layout of multiple ABS projectsRecent layout of multiple ABS projects

    Yue 4 17 Ri

    Yue 4 17 Ri

    The groundbreaking ceremony of the Sinochem ABS modified material project was officially launched.


    The groundbreaking ceremony of the Sinochem ABS modified material project was officially launched.


    Yue 3 31 Ri

    Guangxi Changke New Material's 500,000- ton / year ABS project has started, which can achieve an annual output value of about 10 billion yuan.


    Guangxi Changke New Material's 500,000- ton / year ABS project has started, which can achieve an annual output value of about 10 billion yuan.


    Yue 3 23 Ri

    Keyuan Holding Group and Changzhou Ruihua Chemical, Shandong Haicheng Petrochemical and Guangdong Zhenghe held a design cooperation signing ceremony, and formally reached a design cooperation for 1.


    Keyuan Holding Group and Changzhou Ruihua Chemical, Shandong Haicheng Petrochemical and Guangdong Zhenghe held a design cooperation signing ceremony, and formally reached a design cooperation for 1.


    ABS production capacity surges in the next few yearsABS production capacity surges in the next few years

    In recent years, the high level of profitability and rapid demand growth of China's ABS industry have attracted the attention of many petrochemical companies.


    In recent years, the high level of profitability and rapid demand growth of China's ABS industry have attracted the attention of many petrochemical companies.


    Table 1 2021 - 2023 , China's ABS new and expansion statistics ten thousand tons / yearsTable 1 2021 - 2023 , China's ABS new and expansion statistics ten thousand tons / years 

    After so many ABS devices are put into production, the future market is worrying.


    After so many ABS devices are put into production, the future market is worrying.
    It is expected that China's ABS market will enter a stage of oversupply around 2023 , and competition among enterprises will become more intense.
    Whether the checks and balances and changes of various forces can bring new opportunities for the development of the industry remains to be verified.
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