CCM>Free Info >News Update>2nd volume No.2>
Last Update: June 30th, 2001
Fine Chemicals & Basic Chemicals
Sample of Market Analysis
 
News Collection
 
Fuel Alcohol Project in Guangdong (Last update: 06/08/2001)
The project to produce fuel alcohol from cassava and cane was signed in Guangzhou recently. This project is to carry out by CAS Guangzhou Energy Source Research Institute, Guangdong Hualing Group Co., Ltd. The investment for the first phase is RMB686 million, with capacity of 500,000MT/year of fuel alcohol. (Source: Guangzhou Daily)
 
900,000MT/year Ethylene Project Is To Activate (Last update: 05/25/2001)
The feasibility study report on 900,000MT/year ethylene project in Shanghai has been finished and submitted for approval. Total investment for this project is USD2,7 billion. This project is invested by China Petrochemical Corporation, Sinopec Shanghai Petrochemical Co. Ltd. and BP Company, who holds 30% share, 20% share and 50% share, respectively. Apart from ethylene, this project also include polyolefin, PS, PAN and other olefin derivatives. The total capacity of these derivatives is 1 million MT/year. It is expected that this project will be finished in June 2005. (Source: Shanghai Chemical Industry)
 
Tert-Carbonic Acid Technology Broke Through in China (Last update:05/10/2001)
The project of 8,000MT/year tert-carbonic acid and the project of 300MT/year tert-carbonate glyceride in Tianjin Siyou Chemicals Co. Ltd. have passed appraisal recently. This company uses new type of catalyst to carry out the reaction under normal temperature. This technology is maturated. It is reported that it reaches the oversea production level. The derivatives of tert-carbonic acid have been widely used coating industry, pharmaceutical industry and flavors industry. In the past China has to import tert-carbonate glyceride from overseas. (Source: Shanghai Chemical Industry)
 
A Coal-to-Oil Project Activated (Last update: 05/07/2001)
CAS signed contract with Shanxi Province to develop a project to make oil from coal. The design capacity is 1 million MT/year of oil. This project locates in Shanxi Suozhou, a coal production base with capacity of 50 million MT/year. The research work will be carried out by CAS Shanxi Coal Chemistry Research Institute. According to the contract, this project will develop in three steps: First to finish the preparation for the 1,000MT/year pilot production line in year 2001 and start the commercial production of it in 2003; Then to finish the construction of 1 million MT/year production line in 2006; At last to start commercial production in 2008. (Source: China Chemical Industry News)
 
Yizheng Plans to Build 450,000MT/year PTA Production Line (Last update: May 2001)
State Developing & Planning Committee has approved Yizheng Chemical Fiber Company to build a 450,000MT/year production. The total investment for this project is RMB2 billion. It is expected that this project will be finished in year 2002, when the total production capacity of PTA in Yizheng can reach to 800,000MT/year. (Source: Domestic Petrochemical Bulletin)
 
A 600,000MT/year Methanol Project Activated (Last update: 04/23/2001)
Shanxi Modern Coal Industry Co. Ltd. was set up recently. The largest methanol project from coal rout will be built in this company. The designed capacity of methanol (from coal) is 600,000MT/year and the total investment for this project is RMB1.7 billion. The first stage of this project is 200,000MT/year. This company is based on Shanxi Tianji Chemical Group, Lubao Carbonization Group and Shoudu Steel Company. Other investors include Guangcai Group, Sanyuan Coal Industry, Yunan Yuntianhua, etc. (Source: China Chemical Industry News)
 
Fuel Alcohol Project in Jilin (Last update: 04/21/2001)
A trial project, to make fuel alcohol by using corn, in Heilongjiang Zhaodong Huarun Jinyu Industrial Co. Ltd. has been proved to be successful. It is expected that the 100,000MT/year fuel alcohol project in this factory will be finished in July 2001, after when the alcohol petroleum will be popularized in Heilongjiang Province. So far China has appointed three production sites of alcohol petroleum, Henan Tianguan Group Co., Heilongjiang Huarun Jinyu Industrial Co. Ltd. and a project in Jilin. It is reported that China will list the popularization of fuel alcohol in the Tenth-Five-Year Plan. (Source: China Chemical Industry News)
 
100,000MT/year Methanol Project in Shaangxi Activated (Last update: 04/17/2001)
The 100,000MT/year methanol project in Shaangxi Yulin Natural Gas Chemical Co. Ltd. has been approved and the public bidding for the construction of this project already started. At present the production capacity of methanol in Shaangxi Yulin Natural Gas Chemical Co.Ltd. is 120,000MT/year. After the finish of 100,000MT/year project the total production capacity of methanol in Shaangxi Yulin will reach to 220,000MT/year, the largest one in China. (Source: China Chemical Industry News)
 
Dimethyl Carbonate Enlargement in Anhui (Last update: 04/09/2001)
The enlargement project for dimethyl carbonate in Anhui Tongling Nonferrous Jintai Fine Chemical Plant began. It is expected to finish by Oct 2001. The production capacity of dimethyl carbonate will by 3,000MT/year after the enlargement. (Source: China Chemical Industry News)
 
1,500MT/year Production Line Built in Yongchuan (Last update: April 2001)
Sichuan Natural Gas Chemical Research Institute Yongchuan Research Institute has built a 1,500MT/year production line of methyl butyneol, which is used in the fields of pharmaceutical, agrochemical, flavor and fine chemicals. The assay of methyl butyneol reaches to 98% min. It can also be used for the production of isophytol and methyl dichlorochrysanthemate. (Source: Chemical Technology Market)
 
Trifluomethylaniline Successfully Developed (Last update: April 2001)
Zhejiang University has successfully developed trifluomethylaniline which is used in the production of pharmaceutical, agrochemical, dyestuff. It is reported that Ministry of Science & Technology has listed the trifluomethylaniline project as annoviation program and a production line of 500MT/year will be built in the near future. (Source: Fine & Special Chemicals)