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    Home > Coatings News > Resin News > The huge increase in production capacity has not changed the situation of net benzene imports

    The huge increase in production capacity has not changed the situation of net benzene imports

    • Last Update: 2021-04-26
    • Source: Internet
    • Author: User
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        [China Epoxy Resin Industry Online] June 29, 2005: Sinopec Consulting Company (PANHAITAO) recently stated that China's benzene production capacity will grow tremendously this year, of which more than 500,000 tons of new capacity will be added to the domestic market alone, but In spite of this, it still lags behind in the face of faster growth in demand.

        According to information from the Asian Aromatics and Derivatives Conference held in Singapore on June 16, China has the largest increase in benzene production capacity in the world this year.
    Among them, Yangzi Petrochemical will expand from 360,000 tons/year to 490,000 tons/year, and Zhenhai Refining & Chemical will increase With an increase of 450,000 tons/year of production capacity, Luoyang Petrochemical will expand from 0.
    7 tons/year to 160,000 tons/year, and Zhenhai Refinery’s newly increased production capacity is basically geared towards the international market.

        Due to the strong downstream demand, my country's benzene imports continue to increase, with 6.
    5 tons imported in the first quarter of this year alone.
    Experts believe that with the rapid development of my country's plastics and bisphenol A industries, phenol and styrene have entered a period of rapid development, and the demand curve for benzene shows a steep rise.
    At least this year, my country is still a net importer of benzene.

        (Our reporter Xue Shi)

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