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China BPA industry sees capacity expansion and margin losses in 2024

Shandong (JLC), December 17, 2024—In 2024, China’s BPA industry saw continuous expansion of capacity and production margin losses weighed by tepid supply-demand fundamentals and high production costs,

12-17-2024 12:00:22

PTA & PET capacity expansions fuel both supply and demand growth in H1

Shandong (JLC), Jul 19, 2024—In the first half of 2024, the domestic supply and demand saw simultaneous growth, as PTA and PET capacities came online one after another.

07-19-2024 16:38:24

Polyester capacity expansion slows down in H1, 2024

Shandong (JLC), July 8, 2024--Polyester capacity expansion slowed down in the first half of the year after a fast growth in the previous year.

07-08-2024 15:18:09

Sinopec breaks ground for chemical expansion project in Ningbo

Guangzhou (JLC), November 27, 2023 – Sinopec started construction of a 1.5-million-mt/yr ethylene and downstream high-end new material project at its Zhenhai base in Ningbo on November 24.

11-27-2023 18:36:31

BASF and Sinopec inaugurate JV expansion project in Nanjing

Guangzhou (JLC), November 13, 2023 – BASF and Sinopec inaugurated on November 10 the expanded downstream chemical plants at the Nanjing Verbund site operated by BASF-YPC.

11-13-2023 18:52:50

China acetone supply rises on capacity expansion, despite low imports

Shandong (JLC), April 26, 2023—China’s acetone supply increased from January to March amid higher capacity, though acetone imports fell month on month.

04-26-2023 15:12:46

Risun Chemical’s caprolactam expansion project completes

Shandong (JLC), July 26, 2022--Recently, Cangzhou Risun Chemical held a completion and commissioning ceremony for the second phase expansion project of caprolactam.

07-26-2022 11:20:00

China's methanol output expected to rise on capacity expansion

Shandong (JLC), December 7, 2021--China’s methanol output is anticipated to increase in the year, largely because of rising capacity.

12-07-2021 17:15:38

South China’s styrene capacity expansion in 2021

Shandong (JLC), April 1, 2021--As of March 31 2021, China’s total styrene capacity rested at 13.619 mln mt/yr, of which South China's styrene production capacity had surpassed that of Northeast China, becoming the third largest styrene production area in China.

04-01-2021 15:18:52

Capacity expansion in epoxy resin production chain

The capacity in the epoxy resin production chain will result in some influences in China market.

10-29-2020 11:24:17

China’s PTA supply rises on unit restarts and capacity expansion

China’s PTA (pure terephthalic acid) supply will be more than ample in the future as some PTA units have restarted after maintenance and the PTA capacity is expected to increase further in the fourth quarter of 2020.

09-29-2020 16:49:42

PTA supply to surge on capacity expansion

Shandong (JLC), February 26, 2020--China’s PTA supply is expected to outpace downstream demand in 2020, as PTA capacity will extend an uptrend while downstream polyester capacity showed an inverse trend.

02-26-2020 17:17:11

Acrylonitrile market likely to see oversupply amid capacity expansion

Shandong (JLC), April 16, 2019--China acrylonitrile supply may outpace demand during 2019-2020 when massive acrylonitrile units are planned to come on line.

04-16-2019 09:07:58

Coal-based MEG to see oversupply amid capacity expansion

Shandong (JLC), March 27, 2019--Coal-based MEG market is expected to eye oversupply due to capacity expansion.

03-27-2019 15:13:04

China PTA likely to eye large capacity expansion

Shandong (JLC), February 22, 2019--China PTA capacity will possibly see wide expansion during 2019-2020 as many new units will come onstream.

02-22-2019 16:01:55

China PTA industry strides forward into expansion era

In the past 5 years, China PTA capacity has ballooned from 15 million mt/yr in 2010 to around 46 million mt/yr in 2015, up by over 200%. China, as the top 1 importer for PTA, has achieved self-sufficiency and eyes some net export during April-July 2015.

10-29-2015 16:52:20

CTO units expansion reshapes PE market

Since 2014, domestic expansion units were mainly coal chemical units, such as Shaanxi Yanchang ChinaCoal Yulin Energy & Chemical, ChinaCoal Shannxi Yuheng and Ningxia Baofeng Energy. In the first half of 2015, PE supply structure changed markedly.

07-07-2015 17:47:27

TK Eyes Expansion through Buying Tooling Factory

The mold maker and plastics processor TK Group (Holdings) Ltd., in Hong Kong China, has reached a tentative agreement of purchasing a tooling factory in Shenzhen from a multinational company.

09-24-2014 11:38:02

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