The road to plant capacity expansion is long, and polyethylene products face more challenges than opportunities

Judging from the approval of the Ministry of Ecology and Environment on October 12, 2019 on the acceptance of environmental impact assessment documents for construction projects from October 8, 2019 to October 12, 2019, Shenhua Baotou Coal Chemical .

Figure 1 Profit trend chart of domestic polyethylene products

In recent years, the sustainable energy efficiency of production enterprises has become a relatively sharp and normal topic in the polyethylene indust.

The continuous increase of pressure on the supply side has led to the transition of the domestic market from a seller's market to a buyer's mark.

In 2019, Zhong'an United's 350,000-ton LLDPE plant started production on July 30, and Ningxia Baofeng Phase II's 300,000-ton HDPE plant was put into production on September 2 Considering Zhejiang Petrochemical, which was initially planned to be put into operation in the fourth quarter , by 2020, the expected production unit is initially expected to be 9 million to.

The excessive load on the supply side has led to serious homogeneity of the overall plastic products, the increase in the optional supply of goods at the terminal, and the fierce competition, which has led to an obvious lack of motivation for raw materials to ri.

The growth rate of the major economic environment has slowed down, the pressure on the supply side has continued to increase, and the downstream demand side has steadily increased, but the growth rate has not been as good as expected, resulting in a continuous decline in the price of polyethylene products recent.

In the face of such a large-scale installation is expected to be put into producti.