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The total investment is 5.1 billion yuan, with 350000 tons of phenol acetone and 240000 tons of bisphenol A starting construction
On August 23rd, at the site of the Green Low Carbon Olefin Integration Project of Shandong Ruilin High Polymer Materials Co., Ltd., the 2023 Autumn Shandong Province High Quality Development Major Project Construction Site Promotion Meeting and the Zibo Autumn County High Quality Development Majo...Read more -
Statistics of newly added production capacity in the acetic acid industry chain from September to October
Since August, the domestic price of acetic acid has been continuously rising, with an average market price of 2877 yuan/ton at the beginning of the month rising to 3745 yuan/ton, a month on month increase of 30.17%. The continuous weekly price increase has once again increased the profit of aceti...Read more -
Rising prices of various chemical raw materials, economic and environmental impacts may be difficult to sustain
According to incomplete statistics, from early August to August 16th, the price increase in the domestic chemical raw material industry exceeded the decline, and the overall market has recovered. However, compared to the same period in 2022, it is still at the bottom position. At present, the rec...Read more -
What are the largest producers of toluene, pure benzene, xylene, acrylonitrile, styrene, and epoxy propane in China
The Chinese chemical industry is rapidly overtaking in multiple industries and has now formed an "invisible champion" in bulk chemicals and individual fields. Multiple "first" series articles in the Chinese chemical industry have been produced according to different lati...Read more -
The rapid development of the photovoltaic industry has led to a significant increase in demand for EVA
In the first half of 2023, China's newly installed photovoltaic capacity reached 78.42GW, an astonishing 47.54GW increase compared to 30.88GW in the same period of 2022, with an increase of 153.95%. The increase in photovoltaic demand has led to a significant increase in...Read more -
PTA’s rise is showing signs, with changes in production capacity and crude oil trends jointly affecting
Recently, the domestic PTA market has shown a slight recovery trend. As of August 13th, the average price of PTA in the East China region reached 5914 yuan/ton, with a weekly price increase of 1.09%. This upward trend is to some extent influenced by multiple factors, and will be analyzed in the f...Read more -
The octanol market has significantly increased, and what is the subsequent trend
On August 10th, the market price of octanol significantly increased. According to statistics, the average market price is 11569 yuan/ton, an increase of 2.98% compared to the previous working day. At present, the shipment volume of octanol and downstream plasticizer markets has improved, and the ...Read more -
The situation of oversupply of acrylonitrile is prominent, and the market is not easy to rise
Due to the increase in domestic acrylonitrile production capacity, the contradiction between supply and demand is becoming increasingly prominent. Since last year, the acrylonitrile industry has been losing money, adding up to a profit in less than a month. In the first quarter of this year, rely...Read more -
The epoxy propane market has obvious resistance to decline, and prices may gradually climb in the future
Recently, the domestic PO price has dropped several times to the level of nearly 9000 yuan/ton, but it has remained stable and has not fallen below. In the future, the supply side’s positive support is concentrated, and PO prices may show a fluctuating upward trend. From June to July, the d...Read more -
Market supply decreases, acetic acid market stops falling and turns up
Last week, the domestic acetic acid market stopped falling and prices rose. The unexpected shutdown of Yankuang Lunan and Jiangsu Sopu units in China has led to a decrease in market supply. Later, the device gradually recovered and was still reducing the burden. The local supply of acetic acid is...Read more -
Where Can I Purchase Toluene? Here Is The Answer You Need
Toluene is an organic compound with a wide range of applications and is mainly used in fields such as phenolic resins, organic synthesis, coatings, and pharmaceuticals. In the market, there are numerous brands and variations of toluene, so choosing a high-quality and rel...Read more -
Why is everyone investing in epoxy resin projects due to the rapid growth of the epoxy resin industry
As of July 2023, the total scale of epoxy resin in China has exceeded 3 million tons per year, showing a rapid growth rate of 12.7% in recent years, with the industry’s growth rate exceeding the average growth rate of bulk chemicals. It can be seen that in recent years, the increase in epox...Read more
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