[Plastic] Polypropylene Milestones in 2020

1.

On March 8 in external trading time, Saudi Arabia significantly reduced the price of crude oil sold to markets such as Europe, the Far East, and the United States, with the largest discount in more than 20 years.

As the world's major economies have introduced blockade measures to prevent and control the epidemic, the market's unbearable demand plummeted and the impact of uncontrollable surplus, crude oil prices fell to their lowest point in 18 years.

2.

On April 10th and April 12th, Sinopec Yanshan Petrochemical and Yizheng Chemical Fiber successively put into production their third meltblown cloth production lines.

The gap in masks has driven the price of PP, which is the raw material for melt blown cloth, to rise sharply.

3.

On September 1, the world's leading plastics, chemical and oil refining company Lyondell Basel Industrial Co.

The cracking unit of Sinochem Quanzhou Refining and Chemical Integration Project (Phase II) was ignited and put into use on September 18, and it has successfully produced qualified olefins, and the polypropylene unit has produced wire drawing H5035.

The 350,000-ton/year PP plant of Zhongke (Guangdong) Refining & Chemical Company was shut down due to insufficient propylene.

With the continuous commissioning of new facilities such as Bora Lyon De Basel, Sinochem Quanzhou Phase II, and Zhongke Refinery, the production capacity of PP has further increased, and the contradiction between market supply and demand has further increased.

4.

In 2020, China's plastic consumption has been stirred up by policies one after another, and the original order is changing.

According to Meng Wei, spokesperson of the National Development and Reform Commission, the new version of the Plastic Restriction Order will take three steps.

According to the plan, by the end of 2022, postal express outlets in Beijing, Shanghai, Jiangsu, Zhejiang, Fujian, Guangdong and other provinces and cities will first prohibit the use of non-degradable plastic packaging bags, disposable plastic woven bags, etc.

5.

The high melting point of the material for making lunch boxes means that the melting point of thin-walled injection-molded polypropylene can reach 175°C, and it can be cooked and sterilized in heat-resistant water.
Even when no external force is applied, its products will not be deformed at 150°C.
The manufacturer's green squint.

Dushanzi Petrochemical Company pays close attention to the market and arranges the second joint polyolefin workshop to produce the new polypropylene product HP60, which has a broad market prospect and obvious economic benefits.
The product analysis indicators are all qualified and meet the product technical quality requirements.
It is a special material for disposable lunch boxes.
.

With the rapid development of the times, fast-moving consumer goods are loved by all kinds of people; at the same time, the food delivery industry is also rapidly growing.
Huge consumer demand and higher consumption frequency continue to promote the advancement of the polypropylene special materials industry.

(Keyword: Polypropylene)