Review of major events in the first half of the hard rubber

The new crown pneumonia attacked the domestic market into a state of stagnati.

1 The new crown pneumonia attacked, and the domestic market fell into a state of stagnati.

In late January 2020 , China and the world were hit by public health incidents, and the chemical and other markets encountered the most difficult time after the economic cris.

According to the rough statistics of China Plastics Online, in terms of start-up: in February, the domestic hard rubber enterprises dropped significantly, among which the minimum start-up of ABS dropped to 50%, the minimum start-up of PS dropped to about 2%, and the parking time of EPS companies during the Spring Festival was extended to two wee.

In terms of inventory: traffic restrictions, supply of goods are difficult to sell, and the inventory of hard rubber companies has increased significantly in Februa.

2 The negative value of crude oil market hit a new low after the outbreak of the epidem.

In March , the foreign epidemic broke out and spread rapidly, the demand for crude oil decreased, coupled with the failure of the OPEC+ production cut negotiation, and Saudi Arabia’s restart of the oil price war, the contradiction between supply and demand became prominent, and crude oil fell sharp.

According to China Plastics online data monitoring: at the end of March and early April, the lowest offer of ABS Jilin Petrochemical 0215A in Plastics City was 9,600 yuan/ton, a new low since March 2016; the lowest offer of GPPS Shanghai Secco 123 in Plastics City was 7,200 yuan/t.

3Meltblown cloth, polypropylene, helmet, refrigerator hot words appear frequent.

The number of confirmed cases of new coronary pneumonia in the world continues to rise, and the demand for masks continues to boo.

On April 21, the Traffic Management Bureau of the Ministry of Public Security issued a notice to deploy the "one helmet and one belt" security guard action across the count.

At the end of May , a message that "Americans have queued for 3 months to buy refrigerators, and Chinese refrigerator overseas orders will be lined up in August" appeared on Weibo hot sear.

4The terminal live broadcast of the Canton Fair will be put on the cloud , and the terminal live broadcast of the Canton Fair will be put on the cloud

In the first half of the year, due to the impact of offline sales, online shopping became the main consumption method, and new marketing models such as live broadcast and delivery of goods also stood out aga.

In the first half of the year, due to the impact of offline sales, online shopping became the main consumption method, and new marketing models such as live broadcast and delivery of goods also stood out aga.

The 127th Canton Fair, which was originally scheduled to be held in mid-April, appeared in the "cloud" in a new way on June 1 As of June 16, the top three mechanical and electrical products in the Guangzhou trading group were household appliances, transportation tools, and consumer electroni.

5 The start - up profits of the hard rubber industry are all new highs , and the start-up profits of the hard rubber industry are all new highs

The rising market driven by external news and the recovery of domestic downstream demand have brought a large number of orders to hard rubber manufacture.

The rising market driven by external news and the recovery of domestic downstream demand have brought a large number of orders to hard rubber manufacture.

It is difficult for spot inventories to meet market speculative demand and real demand, and queuing for delivery has become the no.

In order to deliver the orders on time, hard rubber manufacturers can be said to be working at full capacity and increasing producti.

According to the rough statistics of China Plastics Online, the daily operating load of ABS has increased to about 102%, the daily operating load of PS has increased to about 87%, and the operating load of EPS has increased to about 7

Although the hard rubber market experienced a roller coaster market in the first half of the year, high profitability has always been maintained, and the average profitability level is significantly higher than the same period of previous yea.

In the first half of 2020, the theoretical average profit level of domestic ABS petrochemical manufacturers is about 3000-4000 yuan / ton, making history again, showing the super toughness of the ABS market, and the theoretical average profit level of domestic PS petrochemical manufacturers is about 1500-1600 yuan / ton, The theoretical average profit of domestic EPS manufacturers is about 1200 yuan / t.

Although the hard rubber market experienced a roller coaster market in the first half of the year, high profitability has always been maintained, and the average profitability level is significantly higher than the same period of previous yea.

In the first half of 2020, the theoretical average profit level of domestic ABS petrochemical manufacturers was about 3,000-4,000 yuan/ton, making history again, showing the market's super toughne.

The theoretical average profit level of domestic PS petrochemical manufacturers was about 1,500-1,600 yuan/t.

The theoretical average profit of EPS manufacturers is about 1200 yuan / t.

The export tax rebate rate of some products of hard rubber is increased to reduce the cost of export enterprises

6The export tax rebate rate of some hard rubber products is increased to reduce the cost of exporting enterprises , and the export tax rebate rate of some hard rubber products is increased to reduce the cost of export enterprises

　On March 17, 2020, the State Administration of Taxation issued Announcement .

15 of 2020, proposing to increase the export tax rebate rate for some produc.

Among them, ethylene, styrene, EPS, aniline and other products are listed in the list, and the tax rebate rate after adjustment is 1
The increase in export tax rebates has further reduced the cost of exporting compani.

With the construction of refining and chemical integration projects, the self-sufficiency rate of domestic styrene industry chain products has increased, and the possibility of exporting has attracted more and more attenti.

Looking at the long-term trend, after the demand returns to normal, the competitive pressure of export-oriented enterprises will increase, and cost reduction is also a relatively favorable factor, which is also favorable for the development of the styrene and aniline indust.

At present, the export of styrene and its upstream and downstream products faces certain barriers, and the changes in the export situation brought about by the increase in the export tax rebate rate still need to be verified by ti.

In the future, the development of the aniline industry will tend to the direction of survival of the fittest and survival of the fitte.

Finally, we will find a mode in which enterprises can coexist harmoniously with each oth.

Finding export directions and increasing export efforts is also a way for enterprises to avoid eliminati.

　On March 17, 2020, the State Administration of Taxation issued Announcement .

15 of 2020, proposing to increase the export tax rebate rate for some produc.

Among them, ethylene, styrene, EPS, aniline and other products are listed in the list, and the tax rebate rate after adjustment is 1
The increase in export tax rebates has further reduced the cost of exporting compani.

With the construction of refining and chemical integration projects, the self-sufficiency rate of domestic styrene industry chain products has increased, and the possibility of exporting has attracted more and more attenti.

Looking at the long-term trend, after the demand returns to normal, the competitive pressure of export-oriented enterprises will increase, and cost reduction is also a relatively favorable factor, which is also favorable for the development of the styrene and aniline indust.

At present, the export of styrene and its upstream and downstream products faces certain barriers, and the changes in the export situation brought about by the increase in the export tax rebate rate still need to be verified by ti.

In the future, the development of the aniline industry will tend to the direction of survival of the fittest and survival of the fitte.

Finally, we will find a mode in which enterprises can coexist harmoniously with each oth.

Finding export directions and increasing export efforts is also a way for enterprises to avoid eliminati.

Zhejiang Petrochemical's 2 million tons and Hengli Petrochemical's 720,000 tons of styrene units were put into operation

 7 , Zhejiang Petrochemical 2 million tons and Hengli Petrochemical 720,000 tons of styrene plants put into production Zhejiang Petrochemical 2 million tons and Hengli Petrochemical 720,000 tons of styrene plants

A 600,000-ton/year styrene unit of Zhejiang Petrochemical produced qualified products on January 28, and the load gradually increased; another 600,000-ton/year styrene unit was put into operation near February 1, and the load gradually increased; two The set was increased to full capacity around mid-April; Dalian Hengli ethylbenzene unit produced qualified products at the end of January, the upstream ethylene unit produced qualified products on January 29, and the 720,000-ton ethylbenzene dehydrogenation unit produced qualified products on February 17 Qualified products are produced around Jap.

Hengli Petrochemical and Zhejiang Petrochemical, as representatives of the two major privately-owned independent refineries, have successfully put into operation their styrene units, which also signifies that the integrated team of the styrene industry is gradually growi.

produ.

The aromatics and styrene production capacity of Zhejiang Petrochemical and Hengli Petrochemical ranked TOP1 and TOP2 respectively among domestic enterpris.

A 600,000-ton/year styrene unit of Zhejiang Petrochemical produced qualified products on January 28, and the load gradually increased; another 600,000-ton/year styrene unit was put into operation near February 1, and the load gradually increased; two The set was increased to full capacity around mid-April; Dalian Hengli ethylbenzene unit produced qualified products at the end of January, the upstream ethylene unit produced qualified products on January 29, and the 720,000-ton ethylbenzene dehydrogenation unit produced qualified products on February 17 Qualified products are produced around Jap.

Hengli Petrochemical and Zhejiang Petrochemical, as representatives of the two major privately-owned independent refineries, have successfully put into operation their styrene units, which also signifies that the integrated team of the styrene industry is gradually growi.

produ.

The aromatics and styrene production capacity of Zhejiang Petrochemical and Hengli Petrochemical ranked TOP1 and TOP2 respectively among domestic enterpris.

Preparation or EIA for some new hard rubber projects

8Preparation or EIA for some new hard rubber projects, preparation or environmental impact assessment for some new hard rubber projects

From May 21st to 23rd, Yao Guoqing, Chief Economist of China Chemical Engineering Sixth Construction .

, L.

, on behalf of the company and senior leaders of Lihuayi Group, discussed the 1 million tons/year olefin aromatics joint project of Lihua Yilijin Refining and Chemical .

, L.

, 40 The construction contract scope and other related matters of the 10,000-ton/year high-performance ABS resin integration project were negotiated and negotiated, and the contract scope and other related matters were finally determin.

From May 21st to 23rd, Yao Guoqing, Chief Economist of China Chemical Engineering Sixth Construction .

, L.

, on behalf of the company and senior leaders of Lihuayi Group, discussed the 1 million tons/year olefin aromatics joint project of Lihua Yilijin Refining and Chemical .

, L.

, 40 The construction contract scope and other related matters of the 10,000-ton/year high-performance ABS resin integration project were negotiated and negotiated, and the contract scope and other related matters were finally determin.

The 1 million tons/year olefin aromatics joint project of Lihua Yilijin Refining and Chemical .

, L.

adopts the advanced catalytic olefin production technology of KBR Company of the United States, and relies on Lihuayi's existing naphtha and other resources for deep processi.

The high value-added ethylbenzene, propylene and other chemical raw materials are the key investment projects of Lihuayi for replenishing, extending and strengthening the cha.

After the project is put into operation, it can produce 520,000 tons of ethylbenzene, 179,000 tons of propylene, and 135,000 tons of mixed aromati.

ton; 400,000 tons/year high-performance resin integration project introduced internationally leading technologies (emulsion grafting-bulk SAN blending method, propylene ammoxidation technology and acetone cyanohydrin method to produce methyl methacrylate technology, e.

), completed and put into production The annual output will be 260,000 tons of acrylonitrile, 7,800 tons of acetonitrile, 26,700 tons of hydrocyanic acid, 87,000 tons of MMA, and 400,000 tons of ABS res.

The project is a new project of Lihua Yilijin Refining and Chemical .

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It is located in Lijin County, Dongying City, Shandong Provin.

The total investment of the project is about 9 billion yu.

It is estimated that the average annual sales income will be about 14 billion yuan, and the profit and tax will be about 4 billion yu.

The 1 million tons/year olefin aromatics joint project of Lihua Yilijin Refining and Chemical .

, L.

adopts the advanced catalytic olefin production technology of KBR Company of the United States, and relies on Lihuayi's existing naphtha and other resources for deep processi.

The high value-added ethylbenzene, propylene and other chemical raw materials are the key investment projects of Lihuayi for replenishing, extending and strengthening the cha.

After the project is put into operation, it can produce 520,000 tons of ethylbenzene, 179,000 tons of propylene, and 135,000 tons of mixed aromati.

ton; 400,000 tons/year high-performance resin integration project introduced internationally leading technologies (emulsion grafting-bulk SAN blending method, propylene ammoxidation technology and acetone cyanohydrin method to produce methyl methacrylate technology, e.

), completed and put into production The annual output will be 260,000 tons of acrylonitrile, 7,800 tons of acetonitrile, 26,700 tons of hydrocyanic acid, 87,000 tons of MMA, and 400,000 tons of ABS res.

The project is a new project of Lihua Yilijin Refining and Chemical .

, L.

It is located in Lijin County, Dongying City, Shandong Provin.

The total investment of the project is about 9 billion yu.

It is estimated that the average annual sales income will be about 14 billion yuan, and the profit and tax will be about 4 billion yu.

On June 10, the environmental impact assessment information of Xinpu Chemical's annual output of 310,000 tons of high-performance styrene polymer project was announced for the first ti.

According to the requirements of the Ministry of Ecology and Environment Order [2018] .

4 in the Measures for Public Participation in Environmental Impact Assessment, Xinpu Chemical (Taixing) .

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entrusted Nanjing Guohuan Technology .

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"To conduct an environmental impact assessme.

Construction project: Newly built 210,000 tons of ABS/HIPS and 100,000 tons of GPPS/MS equipment and required supporting facilities, including 3 70,000 tons/year ABS production lines and 1 100,000 tons/year GPPS production line , ABS production line can also produce HIPS, GPPS production line can also produce .

On June 10, the environmental impact assessment information of Xinpu Chemical's annual output of 310,000 tons of high-performance styrene polymer project was announced for the first ti.

According to the requirements of the Ministry of Ecology and Environment Order [2018] .

4 in the Measures for Public Participation in Environmental Impact Assessment, Xinpu Chemical (Taixing) .

, L.

entrusted Nanjing Guohuan Technology .

, L.

"To conduct an environmental impact assessme.

Construction project: Newly built 210,000 tons of ABS/HIPS and 100,000 tons of GPPS/MS equipment and required supporting facilities, including 3 70,000 tons/year ABS production lines and 1 100,000 tons/year GPPS production line , ABS production line can also produce HIPS, GPPS production line can also produce .