Thread Content
According to statistics, from 2020 to 2024, a total of 29 companies planned to add new polyethylene production facilities, with an expected increase in production capacity of 14.19 million tons. Of this amount, 6.05 million tons were set to be produced in 2020; some of these projects might be delayed. By 2024, China’s polyethylene production capacity is expected to reach 33.248 million tons. In terms of regional distribution, the newly commissioned facilities are mainly concentrated in the Northwest, North China, East China, and South China regions ； In terms of raw material sources, Ningbo Huataishengfu Polymer Materials, Yantai Wanhua, and Shandong Jinghai Chemical will use the new light hydrocarbon-based olefin production process. The first phase of Satellit Petrochemical, Guangxi Petrochemical, CNPC Changqing, CNPC Tarim, and Donghua Energy plan to adopt the new ethane dehydrogenation-based olefin production process. Zhejiang Petrochemical, Hengli Petrochemical, Sinochem Refining & Chemical, Sinochem Quanzhou, Liaoning Baolai Petrochemical, Sino-Korean Petrochemical (capacity expansion), Daqing Lianyi Petrochemical, Hainan Refining, and Guangdong Petrochemical utilize traditional naphtha-based olefin production facilities, while the rest mostly use coal-based olefin production processes. Due to factors such as market demand and trial operation issues, the commissioning of the listed facilities may be delayed; ZuoChuang Information will continue to monitor the progress of the commissioning of these new facilities.