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Overcapacity in the global ethylene glycol into a foregone conclusion


Growing demand is expected the next few years will be the world's consumption of ethylene glycol 4.8% average annual growth rate to 20lO total global ethylene glycol consumption will reach 2l88 million tons / year. However, 2Ol0 global ethylene: Alcohol total capacity will reach 27.093 million tons / year, far exceeding the total consumption. Thus, the global ethylene market oversupply has been a foregone conclusion, and this surplus situation will last longer. For those who expect the United States, Europe and Japan due to a number of devices will be forced to shut down less competitive, in which the device will occupy most of the United States. Increase of ethylene glycol mainly by China as the center of the Asian market absorption. After the formation of an oversupply situation, the Asian contract price and spot ethylene prices will fall. Downward pressure on prices will make China as the major export markets in Asia glycol manufacturers face tremendous pressure to survive,[link widoczny dla zalogowanych], but will also affect China's ethylene producers. Despite the advantages of freight charges and customs protection, but for some small glycol producers, will be difficult to avoid the fate of being eliminated. Although China still imports a large number of general, global ethylene production capacity has a surplus situation, but the output of the region can not meet the actual needs, had to import large quantities every year, the Chinese market glycol is in short supply. As the world's largest consumer, China will account for the world's annual consumption of 2oo8 consumption of 300 / o 'half will focus on export markets to China. 2o08-2OlO, China will have production capacity 22l million tons / year, which have been through the approval of a 16l tons / year. China is expected to 20o8 the total ethylene glycol production capacity of about 25O million tons / year, 20l0, it will reach about 400 million tons / year. 2oo8, China's total demand for ethylene glycol will reach about 6.36 million tons / year, 2Ol0 will reach about 7l0 million tons / year. The next few years, China will become the race to seize the ethylene glycol market vendors. With large-scale ethylene projects in Asia operation, long-term shortage of the region's conflicts glycol product will be a certain degree of relief, but there is still a large gap between supply and demand. The face of Asia and China, the rapidly expanding market, the world's major companies are stepping up new and expansion of ethylene glycol production capacity. In addition to Canada,[link widoczny dla zalogowanych], the United States, South Korea and Japan, these traditional exports to China glycol countries, Saudi Arabia and other Middle East countries for its low-cost ethane feedstock based on the production of ethylene glycol, the Chinese market share is increasing rapidly. Bayer's MDI plant an annual output of 350,000 tons annual output of 250,000 tons in Shanghai TDI production plant under construction l0 Bayer MaterialScience AG announced in Shanghai on April l7, at Bayer Integrated Site Shanghai's annual 35 million tons of MDI ( diphenyl methane diisocyanate) production plant put into operation, this world-class facility is the world's largest MDI production facilities. Meanwhile, Bayer Shanghai base annual 25 million tons of TDI (toluene diisocyanate) work under construction, is expected to be completed and commissioned in 2010. In addition, the base of the second polycarbonate (PC) product line has also been completed, which will make Bayer's high-tech engineering plastics production capacity to double annual output of 20 million tons to achieve objectives, the production line will depend on market conditions elective operation. In a news conference in Shanghai Bayer, Bayer Materials Science and Technology Chairman of the Board for a l2 a Tangpei De said: application of innovative production technology that will significantly enhance our leading isocyanate production cost advantage and competitive. According to reports, Bayer bases in Shanghai, the new facilities to the new energy saving standards, the implementation of a world-class innovative technologies . MDI plant uses highly efficient technology of phosgene, can reduce investment costs while increasing the response capacity and reducing energy consumption, compared with the same scale plant can reduce carbon dioxide emissions 65%,[link widoczny dla zalogowanych], 50% reduction in solvent consumption and nearly 50% of the energy consumption. TDI plant will use advanced production technology of phosgene gas is the first time in the technology world-class engineering, the application of a similar size compared to the traditional factory, new technology can reduce energy consumption by 60%, up the production process can reduce the 8O% of solvent consumption, and save 20% of the investment costs, a decrease of approximately 6 million tons of carbon dioxide emissions. Jiangsu Meilan Group proposed ionic membrane caustic soda (a) project construction period of the project in 2008-2o09 total investment of 500 million yuan, is currently approved stage. The contents of construction to an annual output of films from 20 million tons of caustic soda. The key equipment, including filter press,[link widoczny dla zalogowanych], dryers, coolers, automated instrumentation,[link widoczny dla zalogowanych], water treatment equipment, cracking furnace, pyrolysis compressors, extruders, decomposition system tower.
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