The future development trend of China's ethylene industry is forecasted

China Coatings Network
: Despite increasing production capacity (including coal chemical projects), but China's external dependence on ethylene remains high, up to 51%. The external dependence of synthetic resin is 28%.
Ministry of Industry and Information Technology, China's ethylene production in 2014 was 1.744 million tons, an increase of 7.6%; Synthetic resin production was 69.507 million tons, an increase of 10.3%. Net imports of ethylene equivalent were 18.6 million tons, an increase of 2.6%; Imports of synthetic resins increased by 2.9% to 3.2153 million tons.
year, ethylene production capacity of 800,000 tons, in the construction capacity of 1 million tons. Coal olefin production capacity of 4.53 million tons (including purchased methanol olefins 1.07 million tons), an increase of 78.3%; Production was 2.366 million tons, an increase of 31.4%.
On the one hand, high-end products are still heavily dependent on imports, on the other hand, demand for bulk primary products has slowed, resulting in a 16.5% drop in profits from the main business of synthetic resins to 26.62 billion yuan, with a profit margin of only 3.1%.
ethylene differentiation products and high-end products relatively low proportion, downstream high value-added polyethylene special materials, polyethylene ethylene acetate (EVA), ethyl propylene rubber and other high-end products in short supply, market development attention is not enough.
Ministry of Industry and Information Technology Raw Materials Division plans to strengthen the planning strategy in 2015 to lead the preparation of the "13th Five-Year Plan" petrochemical industry development plan, optimize ethylene, xylene (PX), diphenyl methane diocyanate (MDI) and other key industrial layout, to guide the orderly and stable development of the modern coal chemical industry. In the chemical industry to implement the "Belt and Road", Beijing-Tianjin-Hebei coordinated development, the Yangtze River Economic Belt and other strategies to cultivate new competitive advantages and growth points.
will also guide powerful enterprises to go out on a large scale, cultivate overseas bases such as coal chemical industry, improve the capacity of resource and energy security, and enhance the deep processing capacity of resource countries.
will also promote close cooperation with downstream industries. Expand
water-based
, PVC, polyurethane insulation materials, etc. in green buildings; Developing electronic chemicals vigorously; And expand the application of engineering plastics, high-performance fibers and composite materials in high-end equipment.
the petrochemical industry will maintain steady development in 2015, with a slight increase in ethylene production of about 18 million tons.