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This year’s work report of the Huizhou city government proposed to promote the comprehensive construction of a number of major petrochemical projects such as ExxonMobil Huizhou Ethylene Project, CNOOC and Shell Phase III, Hengli Petrochemical (Huizhou) PTA Project, and accelerate the shaping of the advantages of the Huizhou petrochemical new energy material industry cluster.
This year’s work report of the Huizhou city government proposed to promote the comprehensive construction of a number of major petrochemical projects such as ExxonMobil Huizhou Ethylene Project, CNOOC and Shell Phase III, Hengli Petrochemical (Huizhou) PTA Project, and accelerate the shaping of the advantages of the Huizhou petrochemical new energy material industry cluster.
As a key project of Guangdong Province, the Hengli (Huizhou) PTA project with a total investment of 15 billion yuan has launched the first shot of Huizhou's " 14th Five-Year Plan" project.
2020 8 Yue 13 days, Hengli Petrochemical (Huizhou) PTA project formally signed investment and cooperation agreement; 2021 years 1 Yue 7 , the project officially started construction.
The project adopts industry-leading green and intelligent production technologyThe project adopts industry-leading green and intelligent production technology
The PTA industry is an important hub linking the two pillar industries of the national economy, petrochemicals and chemical fiber textiles, and is at the core of the industry chain.
The PTA industry is an important hub linking the two pillar industries of the national economy, petrochemicals and chemical fiber textiles, and is at the core of the industry chain.
According to experts in the petrochemical industry, the Daya Bay petrochemical zone has achieved a refining capacity of 22 million tons per year, but the downstream raw material for refining and chemical production - naphtha can only be exported to foreign petrochemical companies.
Hengli Petrochemical's total production capacity reached 11.
According to statistics, 2020 Nian PTA production capacity to add 720 million tons, including Hengli Petrochemical four, five 500 Wandun and Xinfengming two 220 tons, the domestic total capacity Chaoguo 6000 tons, an increase of up to 13.
6% .
Up to now, Hengli Petrochemical's total production capacity has reached 11.
6 million tons, ranking first in the world, followed by Fuhai Chuang, Yisheng, Tongkun and Xinfengming.
At the beginning of 2021 , Fujian Baihong’s 2.
5 million-ton plant was put into operation first in the new year, followed by Jiangsu Honggang which was put into operation on the 3rd , and the subsequent phases of Ningbo Yisheng, Jiujiang Tongkun and Xinfengming all have plans to start production.
, The production capacity may exceed 10 million tons during the year.
After 2022 , Hengli Huizhou, Xinfengming Phase IV, Jiangsu Tongkun, Guangxi Tongkun new installations will be launched one after another.
It is estimated that the total domestic PTA production capacity is expected to exceed 90 million tons by 2025.
By then, not only China, but also the global PTA market will face Severe oversupply pressure.
