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On February 14th, as the low-temperature propylene ship "Happy Weng" left berth, Wanhua Chemical's first low-temperature propylene successfully sailed to South America, setting a precedent for the export of low-temperature propylene in mainland China.
Propylene China
Since 2021, the American market has been affected by its own supply and demand, and the price of propylene has continued to rise, and the price gap with other markets in the world has continued to widen.
Wanhua Chemical currently has a production capacity of 1.
In addition, Wanhua Chemical’s low-temperature propylene storage tank has been officially put into use in 2020.
Recently, China's propylene production capacity has expanded rapidly.
According to the Announcement No.
Looking at the global chemical industry, except for the newly added ethane crackers in the United States, most of the world’s new olefin production capacity is in China.
(Keyword: China Propylene)