What is the current production capacity of ethylene and propylene in the country? Is there a trend of excess?
Thread Content
What is the current production capacity of ethylene and propylene in the country? Is there a trend of excess?
The OP’s question is quite insightful; actually, I’m quite curious too. Let them do things in this area at that time
I estimate that profits will be generated within ten years; many new projects will emerge, and by then there will be an oversupply, just like with methanol
Demand is subject to change; China does not have an oversupply of olefins, but rather a shortage in production capacity. For bulk chemical raw materials, especially basic ones, it is necessary to consider the global market; one cannot judge them based on China’s domestic production capacity and demand. What is South Korea’s demand for olefins? What is Singapore’s demand for olefins? What is Japan’s demand for olefins? What is Canada’s demand for olefins? The production capacity of these ** is far greater than their demand, as there is strong demand in overseas markets. I have relevant data in my previous posts; you can go and check them out. Although the data is a bit old, it can illustrate some of the issues raised by the poster.
The excess of ethylene shouldn’t be that severe yet! Because the source of ethylene mainly comes from naphtha, it is **under control! For the production of ethylene and propylene from methanol, the price of methanol seems to be the limiting factor at present. But now there are many sources of propylene; in addition to naphtha and refinery by-products, there is also the production of olefins from methanol, as well as propylene produced through propane dehydrogenation. With so many sources available, I think there is a tendency toward surplus.