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The spring break is back, and businesses are also returning to the scene one after another amid the sound of firecracke.
As we all know, since 2014, PP has successfully entered the channel of capacity expansion, with a compound production increase rate of
The expansion of PP has come to an end? Obviously not, according to conservative estimates, PP is expected to add 75 million tons of new production capacity in 2019 (86 million tons of new production capacity is expected in the same period), that is to say, this year is likely to follow the 2014 Then another peak period of expansi.
| Company Name | Capacity (unit: 10,000 tons) | Estimated production time |
| China Security United | 35 | 2019 |
| Jiutai Energy | 35 | 2019 |
| Ningxia Baofeng Phase II | 30 | 2019 |
| Qinghai Damei | 30 | 2019 |
| Shanxi Coking Coal | 30 | 2019 |
| Hengli Petrochemical | 45 | 2019 |
| Zhejiang Petrochemical Phase I | 90 | 2019 |
| Huating Coal Industry | 20 | 2019 |
| Shenzhen Juzhengyuan Technology | 60 | 2019 |
| total | 375 |
| Company Name | Capacity (unit: 10,000 tons) | Estimated production time |
| China Security United | 35 | 2019 |
| Jiutai Energy | 35 | 2019 |
| Ningxia Baofeng Phase II | 30 | 2019 |
| Qinghai Damei | 30 | 2019 |
| Shanxi Coking Coal | 30 | 2019 |
| Hengli Petrochemical | 45 | 2019 |
| Zhejiang Petrochemical Phase I | 90 | 2019 |
| Huating Coal Industry | 20 | 2019 |
| Shenzhen Juzhengyuan Technology | 60 | 2019 |
| total | 375 |
PP capacity expansion is in full swi.
On the other hand, the plastic restriction order for express packaging was officially issued, and the newly revised series of national standards for "Express Packaging Supplies" came into effect on September 1, 201 The standard puts forward three new requirements for greening, reducing and recyclable express packagi.
To sum up, in the face of expanding production capacity, the demand is still insufficie.
