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Analysis and Forecast of China Ethylene Oxide (EO) Industry

April 10, 2014

DUBLIN, April 10, 2014 /PRNewswire/ –

Research and Markets (
http://www.researchandmarkets.com/research/qv9mlq/analysis_and) has announced the
addition of the “Analysis and Forecast of China Ethylene Oxide (EO) Industry”
[http://www.researchandmarkets.com/research/qv9mlq/analysis_and ] report to their
offering.

At present, manufacturers can adjust the production proportion of ethylene oxide
[http://www.researchandmarkets.com/research/qv9mlq/analysis_and ] (EO) and ethylene glycol
so as to achieve optimal economic benefit by adopting cooperative production devices for
producing ethylene oxide and ethylene glycol. Subjecting to ethylene oxide’s
characteristics and the restrictions of storage and transportation, so products must sell
out timely with little inventory. The yield and sales volume basically keep a good
balance. As of the end of 2012, there were about 26 enterprises producing ethylene oxide,
with total production capacity of 2100kt/a, the actual annual output was 1410kt. Direct
import and export are difficult due to safety factor.

As for EO downstream industries in 2012, ethylene glycol accounted for 49% of market
shares, non-ionic surface active agent 20%, water reducing agent 11%, polyether 7%,
ethanolamine 8%, glycol ether 3%, choline and others accounted for about 2% of market
shares.

Consumption characteristics of ethylene oxide in China: 1) the production volume of
ethylene glycol is far higher than that in Japan and America, while the demand for high
value-added EO downstream products are strong, because there is no abundant supply in
China, so it mainly depends on import; 2) as for varieties, there are more than 5000
varieties of EO downstream products while only about 300 varieties in China. China just
starts to research and develop EO varieties in the sphere of medicine, spice, dyestuff,
coating and special chemical fiber oil; 3) ethylene oxide is short of supply in the long
run, objectively, which restrict the development of downstream industry. Currently, the
scale of most ethanolamine devices are 40-80kt/a in foreign countries, but in China the
scale of most devices are less than 20kt/a. At the same time, there are many weaknesses
such as backward technology process, low quality, high cost, weak competitiveness and
insufficient supply in China.

According to incomplete statistics, it predicts that the demand for ethylene oxide
(exclude the volume for producing ethylene glycol) will be about 1730kt in 2013. APEG TPEG
HPEG, mainly used in railroad, rail transit, nuclear power station and commercial concrete
etc., will be the leading factor in EO downstream industry. In the 12th Five-Year Plan,
the length of railroad lines in services in China reaches about 120 thousand km. At
present, it plans to invest CNY 1320 billion in building about 20,000 km railway lines.
For example, Beijing-Shanghai Express railway is 1300 Km long, which using 240kt of
polycarboxylate superplasticizer.

Key Topics Covered:

1. Overview of Ethylene Oxide

2. Environment Analysis of China Ethylene Oxide Industry

3. Production Technology of China Ethylene Oxide Industry

4. Ethylene Oxide Downstream Industry in China

5. Supply and Demand of China Ethylene Oxide Market

6. Imports and Exports of China’s Ethylene Oxide

7. Overall Development Status of China Ethylene Oxide Industry, 2009-2012

8. Key Enterprises of China Ethylene Oxide Industry

9. Development Suggestion and Risk of Ethylene Oxide Industry

Companies Mentioned:

        - China Sanjiang Fine Chemicals Company Limited
        - Dena (Nanjing) Petrochemical Company Ltd
        - Sinopec Shanghai Petrochemical Company Limited
        - Sinopec Yangzi Petrochemical Company Ltd
        - Sinopec Zhenhai Refining & Chemical Company

For more information visit

http://www.researchandmarkets.com/research/qv9mlq/analysis_and

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets


Source: PR Newswire



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