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In-Depth Research and Forecast of China Ethylene Industry

April 10, 2014

DUBLIN, April 10, 2014 /PRNewswire/ –

Research and Markets (
http://www.researchandmarkets.com/research/2zl7l9/indepth_research) has announced the
addition of the “In-Depth Research and Forecast of China Ethylene Industry”
[http://www.researchandmarkets.com/research/2zl7l9/indepth_research ] report to their
offering.

(Logo:
http://photos.prnewswire.com/prnh/20130307/600769 )

The production scale and output of ethylene are the important indicators that measure
a country’s chemical level. ‘Analysis and Forecast of China Ethylene Industry, 2013-2017′
shows that as of the end of 2012, the newly increased production capacity of China’s
ethylene was 1.4 million tons per year and the total production capacity was 17.095
million tons per year rising by 6.3% compared with 2011 and ranking the world second.

Seen from the distribution region, China has basically formed the three top ethylene
[http://www.researchandmarkets.com/research/2zl7l9/indepth_research ] industry cluster
areas, namely the Yangtze River Delta, Bohai Rim and Pearl River Delta, the production
capacity of which respectively accounts for 26%, 29% and 13% of the total production
capacity across the country. In order to adapt to the demand growth of petrochemical
products in Midwest, some large ethylene production bases have been accomplished or under
the construction in Xinjiang, Gansu, Sichuan and other Midwest regions. With the rising of
Central China and implementation of the Great Western Development Strategy, China’s
ethylene industry again shows the trend of radiating to the inland from the costal.

According to the Ethylene Industry 12th-Five-Year Planning, during the 12th-Five-Year
period, there will form 3 to 4 ethylene production bases with the production capacity of
more than 2 million tons per year in the Yangtze River Delta centered by Shanghai, Nanjing
and Zhenhai of Zhejiang province; the Pearl River Delta will mainly develop the
advantageous products and derivative products with high added-value and characteristics;
the Bohai Rim will lay out the large ethylene devices centered by Beijing-Tianjin-Tangshan
and Fushun; the Midwest will form 4 ethylene bases based on large refining projects. After
these large ethylene devices are accomplished the construction, the layout of China’s
ethylene industry will be more optimized.

Building large devices and developing the scale economy are the effective measures for
the domestic ethylene industry to achieve the low-cost development strategy. As the relate
data show, compared with the 0.5 million-ton ethylene device, the cost of the 1
million-ton devices can reduce about 25% cost per ton. In 2012, the average scale of
China’s ethylene devices was further improved and a number of new and renovation &
expansion ethylene projects were under the steady progress, among which, both the 1.2
million-ton per year ethylene renovation & expansion project of Daqing Petrochemical
[http://www.researchandmarkets.com/research/2zl7l9/indepth_research ] and the 0.8
million-ton per year ethylene device of Fushun Petrochemical achieved the success of the
first operation; the coal to olefin projects were under the progress in Sichuan, Wuhan and
other regions.

Key Topics Covered:

        1. Overview of Ethylene
        2. Global Ethylene Market
        3. China's Ethylene Environment Analysis
        4. Ethylene Production Technology at Home and Abroad
        5. China's Ethylene Market Supply & Demand and Forecast
        6. Imports and Exports of China's Ethylene
        7. Industrial Chain of China's Ethylene Industry
        8. China's Major Ethylene Enterprises
        9. Existing Problems and Development of China's Ethylene Industry

Companies Mentioned:

        - China Petrochemical Corporation (Sinopec Group)
        - China National Petroleum Corporation (CNPC)
        - CNOOC and Shell Petrochemicals Company Limited (CSPC)
        - China Shenhua Energy Company Limited
        - Liaoning Huajin Tongda Chemicals Company Limited

For more information visit

http://www.researchandmarkets.com/research/2zl7l9/indepth_research

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


    Photo: 

http://photos.prnewswire.com/prnh/20130307/600769

SOURCE Research and Markets


Source: PR Newswire



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