Polystyrene Expander Market Surplus Is A Foregone Conclusion

- May 19, 2017-

 Polystyrene Expander Machine As the domestic new and expansion projects put into operation, the industry is expected by the end of 2012 China will exceed the United States, becoming the world's largest producer of crude acrylic acid and acrylic, and by the net importer of acrylic Into a net exporter. While the growth of demand can not keep up with the pace of capacity growth, how to digest new production concerns.

  Polystyrene Expander Machine It is understood that Jiangsu Jurong Chemical Company in the spring of Taixing put into operation a set of 160,000 tons of crude acrylic device, in September will also put on a similar size of the device. Jiangsu Miki Group put into operation in the first half of an annual output of 60,000 tons of crude acrylic device, is expected in August this year will also put into operation an annual output of 80,000 tons of butyl acrylate device. CNOOC has an annual output of 160,000 tons of crude acrylic acid plant and an annual output of 160,000 tons of acrylic plant as planned in July to drive.

  Polystyrene Expander Machine At present, China's planning and construction of polystyrene expansion project there are many. Yantai Wanhua company decided to build three phases with an annual output of 300,000 tons of acrylic and supporting the acrylic project, a project is expected to put into operation in 2013. In January this year, Yangzi Petrochemical - BASF announced that it will build a new annual production capacity of 190,000 tons of refined acrylic acid plant in Nanjing Chemical Industry Park, is expected to put into operation in early 2014. Taiwan's Yan Chau Group has launched a total investment of 220 million US dollars in Nantong with an annual output of 80,000 tons of acrylic acid and an annual output of 80,000 tons of acrylic vinegar project. Shandong Kai Tai Group is also building an annual production capacity of 80,000 tons of acrylic projects. In addition, there are Zhejiang satellite petrochemical in Jiaxing City, Zhejiang Province, high water absorbent resin project, Formosa Petrochemical in Ningbo, a comprehensive acrylic projects.

  According to the analysis of the British company Taikelong analysis, China's acrylic market has been oversupply situation, as of the end of 2011, there are 11 domestic acrylic production enterprises, the annual production capacity of 1.3 million tons this year, China's crude acrylic production capacity is expected to grow 24% , Reaching 1.83 million tons, acrylic production is expected to increase by 31% to 1.97 million tons. Due to the large concentration of China's polystyrene expander production capacity, China will be a net importer of acrylic imports into a net exporter, and will significantly affect the Asian market supply pattern, and even change the supply pattern of Europe, North America and South America.

  In recent years, China's acrylic market demand continued to grow at an average annual growth rate of 10%, the demand will increase from 1.1 million tons in 2011 to 1.3 million tons this year, mainly by the high water absorption resin, water treatment agent, paint adhesives and Growth in demand for textiles. This has led to the expansion of enterprises. It is expected that the next few years, is still polystyrene expander plant construction peak.

  Polystyrene Expander Machine In the recently held acrylic and methyl ester market forum, the experts also said that 2012 ~ 2013, Jiangsu Miki, Jiangsu Jurong, CNOOC Huizhou, Qilu Kaitai, Yantai Wanhua and other devices as expected production, Market capacity will usher in a concentrated outbreak, and the downstream expansion of the new rate is far behind the upstream, there may be excess situation.