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[China Epoxy Resin Industry Online] November 24, 2005: The forecast of 300,000 tons of domestic epoxy resin production in 2005 may be broken.
This is the analysis pointed out by relevant persons of the China Epoxy Industry Association (style="vertical-align: inherit;"> ) at the 2nd Shanghai International Epoxy Expo.
Data show that the "size" of my country's epoxy resin companies is growing rapidly.
Experts from the China Epoxy Resin Industry Association predicted at the beginning of the year that my country's epoxy resin production and consumption could reach 300,000 tons and 600,000 tons respectively in 2005, making it the second largest producer and first consumer in the world.
However, according to the situation currently available, the output in 2005 will exceed this estimated figure.
It is understood that the industry's leading companies Bluestar New Materials Wuxi Resin Plant, Baling Petrochemical Company, and Dalian Qihua Company have all reached about 30,000 tons of output this year, becoming the backbone of the industry.