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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

Daxie Petrochemical to commission expansion project by year-end

Guangzhou (JLC), December 13, 2024--CNOOC Ningbo Daxie Petrochemical is preparing to commission its upgrading and expansion project by the end of this year, following the completion and handover of a

12-13-2024 18:41:45

China PP prices weaker on capacity expansion in Q4 2024

Shandong (JLC), September 26, 2024—PP capacity expansion will continue in the fourth quarter of 2024, which will weigh on supply-demand fundamentals further, leading to the weakening China PP market.

09-26-2024 16:19:29

Aug PP supply to rise on capacity expansion

Shandong (JLC), August 19, 2024--In August, the restart of PP units and capacity expansions will lead to increased supply pressure in the PP market, which exerts downward pressure on prices.

08-19-2024 17:04:31

PS prices divergent amid output cuts and expansion

Shandong (JLC), Jul 23, 2024—Since end-June, China’s general purpose polystyrene (GPPS) and high impact polystyrene (HIPS) prices have shown diverging trends due to the output cuts and expansion.

07-23-2024 16:16:00

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 Guangzhou completes expansion of hydrogen supply center

Guangzhou (JLC), July 5, 2024 – Sinopec Guangzhou Petrochemical on June 30 completed the expansion of its hydrogen supply center for hydrogen fuel cells.

07-05-2024 18:46:00

PP industry sees booming capacity expansion

Shandong (JLC), May 16, 2024---China’s PP industry sees a surge in capacity expansion this year, and South China ranks first in regional capacity.

05-16-2024 15:04:00

Expansion project of Shanghai LNG terminal progresses

Beijing (JLC), May 13, 2024--Shenergy Yangshan LNG Co., Ltd. lifted the dome of its No. 9 storage tank at its Shanghai LNG terminal expansion project on May 9, a market source said.

05-13-2024 17:43:10

China PA6 supply sees expansion in Q1

Shandong (JLC), April 25, 2024--In the first quarter of 2024, China’s polyamide 6 (PA6) market saw declining import volume amid oversupply.

04-25-2024 16:02:50

North China PE capacity expansion picks up steam

Shandong (JLC), April 23, 2024-North China’s polyethylene (PE) capacity maintained a steady expansion momentum in recent years.

04-23-2024 14:39:51

PA66 industry sees supply expansion in Q1

Shandong (JLC), April 18, 2024—In the first quarter of 2024, China’s PA66 industry maintained low operating rates and the import volume was also on the wane amid expanding supply and dim demand.

04-18-2024 16:33:14

China PP capacity expansion to change supply-demand structure

Shandong (JLC), April 18, 2024--China PP capacity is expected to eye expansion in the following five years, and this will result in changes of PP supply-demand structure.

04-18-2024 08:53:06

China's manufacturing PMI back to expansion in March

Guangzhou (JLC), April 1, 2024 – China's manufacturing purchasing managers' index (PMI) rebounded to expansionary territory in March after five months of contraction.

04-01-2024 17:23:29

China PE capacity expansion analysis

Shandong (JLC), January 22, 2024-North China’s polyethylene (PE) capacity maintained a steady expansion momentum in recent years, intensifying the imbalance between supply and demand and urging market

01-22-2024 16:02:00

PE capacity in North China sees booming expansion

Shandong (JLC), January 18, 2024-North China’s polyethylene (PE) capacity maintained a steady expansion momentum in recent years.

01-18-2024 16:03:42

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

N. China PE capacity to extend expansion in 2024

Shandong (JLC), November 23, 2023--PE capacity in north China will continue to increase in 2024 when some producers such as Sinopec Yanshan Petrochemical and Qilu Petrochemical are expected to bring

11-23-2023 17:21:40

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

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