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China polyolefin capacity sees booming growth

Shandong (JLC), March 19, 2024—Looking back at how producers in polypropylene (PP) and polyethylene (PE) markets thrived amid the ebbs and flows in the past ten years, it can be realized that producer

03-19-2024 17:16:56

China polyolefin market to move sideways

Shandong (JLC), March 15, 2023--At the beginning of this month, the government's work report proposed that the main expected development goals for 2023 include: GDP growth of about 5%; Import and expo

03-15-2023 00:00:00

Tariff cancel to impact China’s olefin industry little

Chinese companies will be able to apply for exemptions of additional duties on some products imported from the US from March 2, according to an announcement released by the Customs Tariff Commission of the State Council on February 17.

02-20-2020 15:55:58

Polyolefin price to keep falling amid supply overhang (Part II)

Shandong (JLC), January 24, 2019--The polyplefin prices may fall further in 2019, pressured by international capacity expansion, drops in demand and the Sino-U.S.trade friction.

01-24-2019 14:51:20

China polyolefin market overview, 2018

Shandong (JLC), January 22, 2019--LLDPE prices in 2018 moved downwards compared to the fourth quarter of 2017, but the low point stayed basically unchanged from 2017.

01-22-2019 14:39:15

Polyolefin price to keep falling amid supply overhang (Part I)

Shandong (JLC), January 22, 2019--The polyplefin prices may fall further in 2019, and futures prices of LL and PP may drop to CNY7,000-9,000/mt, according to JLC expectation.

01-22-2019 14:26:53

Forthcoming new methanol & olefin projects

Shandong (JLC), December 14, 2018--For now, China methanol capacity read around 85 million mt/yr, and the growth rate slowed down in recent year, which was around 5 percentage points in 2017-2018.

12-14-2018 09:41:13

Progress of the new olefin unit in Anhui Province

The 7 million mt/yr CTO unit at ZhongAn United Coal Chemical will be put into production in April 2019. It has a matched 1.8 million mt/yr methanol unit, which takes the coal of Zhuji West Coal Mine as the feedstock. It can also produce LDPE, PP and MEG, etc.

12-03-2018 12:06:21

China methanol inventory buildup slows amid strong olefin market in 2017

Methanol inventory mainly kept at a favorable range of 400,000-700,000 mt at China ports in 2017, in stark contrast with the previous two years.

12-04-2017 17:50:03

800,000 mt/yr coal-to-olefin project in Yunnan was signed

On April 10th, municipal government of Qujing City, Yunnan Province signed agreement on 800,000 mt/yr coal-to-olefin project and 3 billion cubic meters coal-to-gas project.

04-12-2017 14:01:43

Profit movement of methanol-to-olefin projects

Phase II methanol-to-olefin project of Zhongtian Hechuang is approved

03-29-2017 14:19:33

Latest vehicle weight limit exerts some impact on China polyolefin industry

The latest vehicle weight restriction affects the polyolefin industry mainly in two aspects.

09-27-2016 16:01:04

Outlook on olefin industry of China in the 13th-Five-Year-Plan

During the 13th-Five-Year-Plan, methane to ethylene through oxidizing, ethane cracking, PDH and MTO will all get development. Development and application of innovative technologies of olefin feedstock will make olefin products more competitive on cost, upgrading petrochemical industry.

08-08-2016 11:04:38

Overview on polyolefin inventory in 2015 and 2016

Entering 2015, the market price of polyolefin declined sharply, so amid the sluggish market activity, the inventory sustained upward. After New Year’s Day, the inventory surpassed 0.9 million mt.

01-28-2016 17:29:14

2015 China methanol and olefin industry analysis

Since 2014, China MTO and MTP industries have grown at full speed, which effectively resolved oversupply of methanol market.

11-12-2015 11:36:56

Polyolefine market will keep steady in H4 2015

On September 9th, the Prime Minister Li Keqiang said on the Summer Davos, as to the China capital market, especially the stock market, policies taken to stabilize the market prevented the systemic financial risk.

09-16-2015 17:32:30

2014 China coal-methanol-olefin upbeat powered methanol capacity growth

According to JYD, the effective capacity of methanol production in China throughout 2014 reached 68.61 million mt/yr, posing a generally higher growth speed compared with previous two year. This acceleration was mainly attributed to the vigorous development of coal-methanol-olefin projects.

02-25-2015 13:29:26

New features of 2014 China polyolefin industry

Based on global capital crunch and the intensive operation restarting of MTO projects in China, China polyolefin industry revealed new features in 2014.

12-03-2014 16:24:01

Polyolefin Market May Go Downward

In the second half of this year, international crude oil stepped into a downward trend, resulting in the climbing profit of olefin production. On October 15th, the profit of oil-feed PE climbed from CNY22/mt on June 13th to CNY1,980/mt, an upbeat to nearly 90 times.

11-05-2014 15:45:22

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