[Ocean Chemical News] From 2020 to 2024, the new polyethylene production capacity is expected to be 14.19 million tons

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According to statistics, a total of 29 companies plan to add polyethylene production equipment from 2020 to 2024, with an estimated new production capacity of 14.19 million tons, of which 6.05 million tons are planned to be put into production in 2020. Some equipment may be postponed. By 2024, China's polyethylene production capacity is expected to reach 33.248 million tons. From the perspective of regional distribution, the newly put into production devices are mainly concentrated in northwest, north, east and south China. ； In terms of raw material sources, Ningbo Huatai Shengfu Polymer Materials, Yantai Wanhua and Shandong Jinhai Chemical will use new light hydrocarbon-to-olefins processes. Satellite Petrochemical Phase I, Guangxi Petrochemical, PetroChina Changqing, PetroChina Tarim and Donghua Energy plan to use new ethane dehydrogenation For the olefins production process, Zhejiang Petrochemical, Hengli Petrochemical, Zhongke Refining and Chemical, Sinochem Quanzhou, Liaoning Baolai Petrochemical, Sino-Han Petrochemical (capacity expansion), Daqing Lianyi Petrochemical, Hainan Refining and Guangdong Petrochemical are traditional naphtha-to-olefins units, and the rest mostly use coal-to-olefins technology. Due to market demand, trial operation failures and other factors, the production of the listed devices may be delayed. Zhuochuang Information will continue to track the progress of the new devices.