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------------------------------------------------------------------------ 240,000 tons/year bisphenol A plant mechanically completed! On December 30, after 19 months of hard work and close collaboration among all parties involved, the 240,000 tons per year bisphenol A production unit as part of Jihua’s transformation and upgrading project was successfully completed in terms of mechanical construction; the project has now moved from the construction phase to the testing and commissioning phase. The Refining and Chemical Industry Transformation and Upgrading Project of Jilin Petrochemical Company is located in the Jilin Chemical Industry Circular Economy Demonstration Park in Jilin City. The eastern area houses the new district, the refinery, and the high-carbon alcohol plant; the central area features the organic synthesis plant, the calcium carbide plant, the dye plant, and the fine chemicals plant; while the western area includes the acrylonitrile plant, the fertilizer plant, and the synthetic resin plant. The chemical processing section will feature a new ethylene plant with an annual capacity of 1.2 million tons. Downstream, facilities will be built for the hydrogenation of pyrolysis gasoline at a capacity of 1 million tons per year, a combined aromatics extraction plant with a capacity of 450,000 tons per year, a high-density polyethylene plant with a capacity of 400,000 tons per year, an ethylene oxide plant with a capacity of 300,000 tons per year, an EVA plant with a capacity of 400,000 tons per year, a phenol plant with a capacity of 350,000 tons per year, a bisphenol A plant with a capacity of 240,000 tons per year, an EPDM rubber plant with a capacity of 40,000 tons per year, MTBE/1-butene plants with capacities of 120,000/60,000 tons per year respectively, a styrene plant with a capacity of 600,000 tons per year, an acrylonitrile plant with a capacity of 260,000 tons per year, an ABS plant with a capacity of 600,000 tons per year, a solvent deasphalting plant with a capacity of 800,000 tons per year, an asphalt gasification plant with a capacity of 160,000 tons per year, a butadiene rubber plant with a capacity of 50,000 tons per year, a butadiene extraction plant with a capacity of 200,000 tons per year, and an acetonitrile plant with a capacity of 8,000 tons per year. The Jilin Petrochemical Refining and Chemical Transformation Project is a strategic measure aimed at promoting the high-quality development of China National Petroleum Corporation’s refining and chemical operations, as well as achieving a strategic optimization of the refining and chemical industry’s layout in the Northeast region. It holds great significance and has far-reaching implications. The production capacity of bisphenol A has grown rapidly over the past five years. From 2020 to 2024, China’s production capacity of bisphenol A increased sharply; by the end of 2024, this capacity had reached around 5.93 million tons per year, with a compound growth rate of 31%. This period represents the fastest-growing phase in the development of China’s bisphenol A industry, with new production capacities tending to be larger in scale and often coming in the form of integrated facilities. 2022–2024 were the three years with the fastest growth in BPA production capacity, with new capacities reaching 1.41 million tons per year, 1.05 million tons per year, and 1.056 million tons per year respectively; the growth rate in 2022 was as high as 58%. The newly added production capacity is widely distributed in the East China region, as well as in regions such as Northeast China, North China, and Central China; the industry concentration has shown a trend of increasing first and then decreasing. In 2024, the number of bisphenol A manufacturers reached 20, an increase of 2 compared to 2023 and 11 compared to 2020. Over the past 5 years, the trend toward integration and scale expansion in the bisphenol A industry has been evident. By 2024, there were 6 companies with a production capacity of over 400,000 tons (accounting for approximately 51% of the total capacity), while 10 companies had a capacity of 200,000 tons or more. Currently, the number of bisphenol A manufacturers in China is on the rise. These companies do not have absolute control over prices, and there is no significant difference in the quality of their products. Against the backdrop of industry overcapacity, intensified competition and shrinking profits are making it increasingly difficult for small and medium-sized enterprises to survive, and industrial restructuring may accelerate in the future.