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Rapid development of raw material chemical fine chemical ushered in the golden period

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  • Release time:2020-07-23
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[Summary]In the recently held the first organic intermediates and fine chemical industry science and technology week, sinopec Beijing chemical industry research institute deputy chief engineer Dr Ming-shen chang pointed out that the development of a new API chemical cycles have been across the peak and begin to decline, however, the development of the inertia and investment cycle determines the production in the next 5 ~ 10 years will increase sharply, but the crisis factors have faintly visible. Due to the lag of the transfer cycle on the product chain, fine chemicals, the downstream of raw material chemical industry, is currently at its peak eve.

Rapid development of raw material chemical fine chemical ushered in the golden period

[Summary]In the recently held the first organic intermediates and fine chemical industry science and technology week, sinopec Beijing chemical industry research institute deputy chief engineer Dr Ming-shen chang pointed out that the development of a new API chemical cycles have been across the peak and begin to decline, however, the development of the inertia and investment cycle determines the production in the next 5 ~ 10 years will increase sharply, but the crisis factors have faintly visible. Due to the lag of the transfer cycle on the product chain, fine chemicals, the downstream of raw material chemical industry, is currently at its peak eve.

  • Classification:News
  • Author:
  • Source:
  • Release time:2020-07-23
  • Visits:0
详情

In the recently held the first organic intermediates and fine chemical industry science and technology week, sinopec Beijing chemical industry research institute deputy chief engineer Dr Ming-shen chang pointed out that the development of a new API chemical cycles have been across the peak and begin to decline, however, the development of the inertia and investment cycle determines the production in the next 5 ~ 10 years will increase sharply, but the crisis factors have faintly visible. Due to the lag of the transfer cycle on the product chain, fine chemicals, the downstream of raw material chemical industry, is currently at its peak eve.

The potential crisis of raw materials chemical industry is the opportunity of fine chemical industry, because the supply of basic chemical raw materials exceeds the demand, so that fine chemical industry has an adequate supply of raw materials. It is estimated that by 2010, China's refining capacity will reach 380 million tons, with byproduct C4 of about 7.4 million ~ 9.3 million tons. Ethylene capacity will reach 18.11 million tons, which can produce 7.24 million tons of C4 and C5. The methanol capacity will reach 30 million tons, and 21 million tons of products will flow to fine chemicals based on 30% as fuel.

The rapid development of raw material chemical industry also provides a broad market for fine chemical industry. Large-scale production of polyethylene, polypropylene, rubber, etc., requires a large number of plastic additives, rubber additives and other fine chemical products; Meanwhile, the demand for fuel oil auxiliaries, lubricating oil auxiliaries, petrochemical processing auxiliaries will also increase significantly.

In addition, the lag of periodic wave transmission buys time for the development of fine chemicals. When upstream raw materials rise in price, fine chemical raw materials will rise in price. However, fine chemical is mostly a buyer's market, and the price rise will be slowed down by the pressure of downstream users, which is the most difficult period for fine chemical. Now that period is over, fine chemicals have struck a new balance in the high-priced raw material phase. The large-scale development of raw material chemical industry will inevitably lead to a new round of price reduction, and there is a time lag between the price reduction of raw materials and the price reduction of fine chemical products, which will be the golden period for the development of fine industry.

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