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Last Update: March 31st, 2001
Fine Chemicals & Basic Chemicals
Sample of Market Analysis
I. Industrial Policies
 
Tenth-Five-Year Plan For Ethylene Industry (Last update: Jan 2001)
During the Tenth-Five-Year Plan China will modify some ethylene facilities including: 1. In 2001, capacity of ethylene in Yanshan Petrochem. will be enlarged from 450,000MT/year to 660,000MT/year; 2. In 2002, capacity of ethylene in following factories will be enlarged: Yangzi Petrochemical(400,000MT/year-->650,000MT/year), Shanghai Petrochemical (400,000MT/year --> 700,000MT/year), Qilu Petrochemical (450,000MT/year-->600,000MT/year); 3. In 2004, the ethylene capacity in Maoming Petrochemical will be enlarged to 800,000MT/year, while Daqing Petrochemical to 600,000MT/year. (Source: Fine Chemical Information)
 
II. News Collection
 
30,000MT/year DMF Facility in Zhejiang Qingtian (Last update: Mar 2001)
Southwest Chemical Research & Design Institute (SCRDI), Wenzhou Yatai Leather Co. Ltd. and Wenzhou Leatheroid Co. Ltd. signed an agreement to build 30,000MT production line of dimethylformamide (DMF) in Zhejiang Qingtian Economic Development Zone. SCRDI provides technology and the latter two province currency and land. It is expected that the first stage production will begin in June 2001. (Source: Fine & Special Chemicals)
 
Sanming Melamine Project Finished (Last update: 02/19/2001)
The major project in Fujian, 13,800MT/year production line of melamine in Sanming Chemical Co. Ltd. has been finished recently. The first batch of commercial product is proved to be qualified. The whole facility of melamine project was introduced from Italy. The total investment of this project is RMB282 million. (Source: China Chemical News)
 
Jinzhou Petrochemical Installed Aromatic Hydrocarbon Production Line (Last update:02/12/2001)
Jinzhou Petrochemical Tianyuan Co. Ltd. has develop a new technology to separate aromatic hydrocarbon. They have invested RMB20 million to install a production line of 40,000MT/year. Also they set up a production line of trimethylbenzene (1,000MT/year). It is reported that the purity of trimethylbenzene reaches to 98.5%min. (Source: China Chemical Industry News)
 
Isobutyric Acid Technology in Jilin Chem. (Last update: 02/08/2001)
Jilin Petrochemical Corp Research Institute has successfully developed the separation technology of isobutyric acid. This technology will apply in the production line of 2,500MT/year isobutyric acid in Jilin Fertilizer Factory. (Source: China Chemical Industry News)
 
Acrylate Antidumping Evidentiary Hearing to Hold in Mar. (Last update: 02/06/2001)
State Economic & Trade Committee will hold evidentiary hearing on 6th Mar 2001 as to the antidumping cause of acrylates against Japan, USA and Germany, who are accused to import acrylate to China in low price and damage the Chinese acrylate industry. (Source: China Chemical Industry News)
 
Jiilin Petrochemical Develops Isobutyraldehyde Separation Technology (Last update: 02/05/2001)
Jilin Petrochemical Corp. Research Institute has succeed in developing continuous separation technology of isobutyraldehyde. They are using double distillation column during the separation. According to the plan, Jilin Petro. will build a 2,500MT/year production line of isobutyraldehyde. Part of isobutyraldehyde is consumed in the 1,000MT/year methylisopropylketone production line. (Source: China Chemical News)
 
Eastman to Cooperate with Qilu Petrochemical (Last update: 01/10/2001)
Eastman and Qilu Petrochemical Corp signed an agreement to estiblish a joint venture producing Texanol film formation agent and TXIB plasticizer. The JV is expect to activate in 2001 and finish in 2003. This is the second largest cooperation with China after the cooperation with Nanjing Yangzi Petrochemical to produce petroleum resin for heat melting glue. (Source: China Chemical Industry News)
 
Gaoqiao Petrochem. Becomes the Largest DCP Producer in the World (Last update: Jan 2001)
After enlargement the production capacity of dicumyl peroxide (DCP) in Shanghai Gaoqiao Petrochem. has reached to 8,000MT/year. Gaoqiao has become the largest DCP supplier in the world. In Jan to Oct 2000, Gaoqiao has sold 4985.75MT of DCP, 60% of which has been exported to overseas, sharing 30% of the world market. (Source: Shanghai Chemical Industry)
 
MEK Facility in Fushun (Last update: Jan 2001)
The construction of 25,000MT/year methylethyl ketone (MEK) production line in Fushun Petrochemical No.2 Factory started in the end of 2000. It is expected that the commercial production of MEK will begin in April 2002. After production, it will save over RMB40 million per year for China. At present China has to rely on the import material. So far this facility is the largest one in China. (Source: Shanghai Chemical Industry)
 
Nitroxylene Production Line in Yinguang (Last update: Jan 2001)
The production line of nitroxylene (2,500MT/year) has been built in Gansu Yinguang Chemical Industry Co. Nitroxylene is an intermediate for pharmaceuticals and agrochemicals. (Source: Shanghai Chemical Industry)
 
Surfactant Facility in Shanghai Petrochem. (Last update: Jan 2001)
The 15,000MT/year surfactant production line in Shanghai Petrochemical Co. has been activated. This facility is made in Italy. The main products are nonionic surfactants like polyoxyethylene made from fatty alcohol, alkyl phenol, fatty acid, fatty amine and glycol. Other fine chemicals include polyglacol, polyether. (Source: Fine Chemical Information)
 
Jinling Petrochem. Finishes Modification on the Alkylbenzene Facilities (Last update: Jan 2001)
Following the three times in the history to modify alkylbenzene facilities in 1989, 1992, 1998, Jinling Petrochemical Company began the fourth times to modify the alkylbenzene facility in the end of 2000. It costs RMB250 million for the modification. After the modification, the capacity of alkylbenzene reaches to 100,000MT/year and the capacity of light wax reaches to 140,000MT/year. (Source: Domestic Petrochemical)
 
600,000MT/year Ethylene Project in Fujian Approved (Last update: Jan 2001)
The Sino-American joint venture project, 600,000MT/year ethylene project in Fujian Meizhou Bay, has been approved recently. This project will be carried out by Fujian Oilfining Chemical Co. Ltd., Exxon Mobil, and a Saudi Arabia Company. The project will be constructed on base of the current Fujian Oilfining Chemical Co. Ltd. (Source: Domestic Petrochemical)
 
Hetong Enlarge Alkylbenzene Capacity in Nanjing (Last update: Jan 2001)
Hetong Company decides to enlarge the production capacity of alkylbenzene in Nanjing. At present the capacity in Nanjing is 100,000MT/year. Hetong decides to install another production line in the 2003, after when the production capacity of alkylbenzene will be 250,000MT/year. At the same time, Hetong want to enlarges its sulfonic acid capacity to 200,000MT/year by 2003. (Source: Domestic Petrochemical)