Industry News
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European Bioplastics expectation in the next five years
At the 16th EUBP conference held in Berlin on November 30 and December 1, European Bioplastic put forward a very positive outlook on the prospect of the global bioplastics industry. According to the market data prepared in cooperation with Nova Institute (Hürth, Germany), the production capacity of bioplastics will more than triple in the next five years. "The importance of a growth rate of more than 200% in the next five years cannot be overemphasized. By 2026, the share of bioplastics in the total global plastic production capacity will exceed 2% for the first time. The secret of our success lies in our firm belief in the ability of our industry, our desire for continuou. -
2022-2023, China’s PP capacity expansion plan
Up to now, China has added 3.26 million tons of new production capacity, an increase of 13.57% year-on-year. It is estimated that the new production capacity will be 3.91 million tons in 2021, and the total production capacity will reach 32.73 million tons/year. In 2022, it is expected to add 4.7 million tons of new production capacity, and the total annual production capacity will reach 37.43 million tons/year. In 2023, China will usher in the highest level of production in all years. /Year, a year-on-year increase of 24.18%, and the production progress will gradually slow down after 2024. It is estimated that China's total polypropylene production capacity will reach 59.91 millio. -
What are the PP industry policies in 2021 ?
What are the policies related to the polypropylene industry in 2021? Looking back at the price trend during the year, the rise in the first half of the year came from the double resonance of the rise in crude oil and the extreme cold weather in the United States. In March, the first wave of rebounds was ushered in. The export window opened with the trend, and the domestic supply was in short supply. Pushed up, and the subsequent recovery of foreign installations suppressed the rise of polypropylene, and the performance in the second quarter was mediocre. In the second half of the year, the dual control of energy consumption and power rationing have -
What aspects can PP substitute for PVC?
What aspects can PP substitute for PVC ? 1. Color difference: PP material cannot be made transparent, and the commonly used colors are primary color (the natural color of PP material), beige gray, porcelain white, etc. PVC is rich in color, generally dark gray, light gray, beige, ivory, transparent, etc. 2. Weight difference: PP board is less dense than PVC board, and PVC has a higher density, so PVC is heavier. 3. Acid and alkali resistance: The acid and alkali resistance of PVC is better than that of PP board, but the texture is brittle and hard, resistant to ultraviolet radiation, can withstand climate change for a long time, is not flammable, and has light toxicity. -
Ningbo is unblocked, can the PP export getting better?
Ningbo Port is fully unblocked, can the polypropylene export getting better? Public health emergencies, Ningbo Port announced in the early morning of August 11 that due to system failure, it has decided to suspend all inbound and suitcase services from 3:30 a.m. on the 11th. Ship operations, other port areas are normal and orderly production. Ningbo Zhoushan Port ranks first in the world in terms of cargo throughput and third in container throughput, and Meishan Port is one of its six container ports. The suspension of operations at Meishan Port has caused many foreign trade operators to worry about the global supply chain. On the morning of August 25, the. -
The recent high adjustment of China’s PVC market
Future analysis shows that domestic PVC supply will be reduced due to the shortage of raw materials and overhaul. At the same time, the social inventory remains relatively low. The downstream demand is mainly for replenishment, but the overall market consumption is weak. The futures market has changed a lot, and the impact on the spot market has always existed. The overall expectation is that the domestic PVC market will fluctuate at a high level. -
Development status of PVC industry in Southeast Asia
In 2020, PVC production capacity in Southeast Asia will account for 4% of global PVC production capacity, with the main production capacity coming from Thailand and Indonesia. The production capacity of these two countries will account for 76% of the total production capacity in Southeast Asia. It is estimated that by 2023, PVC consumption in Southeast Asia will reach 3.1 million tons. In the past five years, the import of PVC in Southeast Asia has increased significantly, from a net export destination to a net import destination. It is expected that the net import area will continue to be maintained in the future. -
Domestic PVC data released in November
The latest data shows that in November 2020, domestic PVC production increased by 11.9% compared with the same period last year. PVC companies have completed the overhaul, some new installations in coastal areas have been put into production, the industry operating rate has increased, the domestic PVC market is trending well, and the monthly output has increased significantly. . -
PVC market prices continue to rise
Recently, the domestic PVC market has increased significantly. After the National Day, the logistics and transportation of chemical raw materials were blocked, downstream processing companies were insufficient to arrive, and purchasing enthusiasm increased. At the same time, the pre-sale volume of PVC companies has increased significantly, the offer is positive, and the supply of goods is tight, forming the main support for the market to rise rapidly. -
Two production capacities of PVC comparison
Domestic large-scale calcium carbide PVC production enterprises vigorously promote the development strategy of circular economy, enlarge and strengthen the industrial chain with calcium carbide PVC as the core, and strive to build a large-scale industrial cluster integrating "coal-electricity-salt".At present, the sources of vinyl vinyl products in China are developing in a diversified direction, which has also opened up a new path for the procurement of raw materials for the PVC industry. Domestic coal-to-olefins, methanol-to-olefins, ethane-to-ethylene and other modern processes have made the supply of ethylene more abundant. -
The situation of China’s pvc development
In recent years, the development of the PVC industry has entered a weak balance between supply and demand. China's PVC industry cycle can be divided into three stages. 1.2008-2013 High-speed growth period of industry production capacity. 2.2014-2016 production capacity withdrawal period2014-2016 production capacity withdrawal period 3.2017 to the present production balance period, weak balance between supply and demand. -
China anti-dumping case against US PVC
On August 18, five representative PVC manufacturing companies in China, on behalf of the domestic PVC industry, requested the Ministry of Commerce of China to conduct anti-dumping investigations against imported PVC originating in the United States. On September 25, the Ministry of Commerce approved the case. Stakeholders need to cooperate and need to register anti-dumping investigations with the Trade Remedy and Investigation Bureau of the Ministry of Commerce in a timely manner. If they fail to cooperate, the Ministry of Commerce will make a ruling based on the facts and best information that has been obtained.