Ethylene oxide production capacity is about to be released centrally

On August 25-26, at the National Epoxy and Derivatives Sustainable Development (Sanjiang) Forum held in Hangzhou, industry experts said that thanks to the rise in market prices and corporate profit margins in the past two years, coupled with the improvement of industry prosperity, China's ethylene oxide production capacity has expanded rapidly, and new production capacity will be released

Gu Qichang, executive chairman of the National Epoxy and Derivatives Sustainable Development Cooperation Forum, believes that the operation of the entire petroleum and chemical industry this year is not optimistic, and the new capacity of superimposed ethylene oxide is about to be released in a concentrated manner, the epoxy industry must be "stable", and downstream derivatives enterprises must accelerate the pace of

Yang Bin, deputy secretary-general of the National Epoxy and Derivatives Sustainable Development Cooperation Forum, introduced that China's ethylene oxide industry currently has an overall overcapacity, the industry operating rate is low, and the downstream demand is weak

Guan Jianzhong, chairman of Sanjiang Chemical Co.

Zheng Baoshan, vice president of the Petroleum and Chemical Industry Planning Institute, pointed out that the structural contradiction of low-end surplus and high-end shortage is also a prominent problem that has always existed in the epoxy industry, and optimizing the traditional product structure and eliminating backward production capacity is the only way for

Ding Yunjie, a researcher at the Dalian Institute of Chemical Physics of the Chinese Academy of Sciences, proposed that in order to reduce disorderly competition in the low-end field, ethylene oxide enterprises should increase innovation and develop downstream products with higher added value, such as the preparation of acetinamide using ethanolamine hydrogen ammonization, and

Ding Rongguo, deputy general manager of Sanjiang Chemical, believes that the development of China's ethylene oxide and its deep processing industry must transform the growth mode, adjust the industrial structure, and activate the development momentum