echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Coatings News > Paints and Coatings Market > Summary of the annual memorabilia of the phenol industry in 2014

    Summary of the annual memorabilia of the phenol industry in 2014

    • Last Update: 2021-09-17
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com





    1.



    2.


     2.



    3.


     3.




     

    4.


    4.



    5.
    The Shatrabiga Phenol Acetone Project is fully committed

     5.
    The Shatrabiga Phenol Acetone Project is fully committed


    In August, the Shatrabigh Phenol and Acetone Project fully promoted the construction.
    At the site of the Shatrabigh phenol-acetone project, although the local temperature was as high as 42 degrees Celsius, which brought certain difficulties to the construction of the personnel, the employees of the Fourth Construction Company rushed to the construction period and exceeded the schedule to fully promote the project construction process, and the progress of the site image was changing with each passing day.


    6.
    Phenol has been in short supply for a long time and will face a crisis of excess

    6.
    Phenol has been in short supply for a long time and will face a crisis of excess


    It was reported in August that my country’s phenol has been in short supply for a long time, and its self-sufficiency rate is struggling at 50%.
    However, as the production capacity of domestic phenol ketone plants has been released in recent years, the market trend of phenol and pure benzene has diverged to a certain extent.
    Compared with the huge profits of the previous phenol manufacturers, it is basically difficult for phenol manufacturers to have them at present.
    Global Coatings Network learned that the price difference between phenol and pure benzene also fluctuates in a relatively narrow range.
    When the price curve of phenol and pure benzene appears to cross the market, phenol companies will make certain self-regulation in profit and output.
    The market has also reversed in this situation.
    From the end of 2011 to 2013, domestic production capacity of phenol almost doubled, but demand stagnated and prices continued to fall.
    More

    7.
    Xingang Chemical's annual output of 10,000 tons of o-phenylphenol project was completed

     7.
    Xingang Chemical's annual output of 10,000 tons of o-phenylphenol project was completed


    On April 8, Shandong Xingang Chemical Co.
    , Ltd.
    completed the trial production of a 10,000-ton o-phenylphenol project with a total investment of 343.
    5 million yuan.
    The project adopts cyclohexanone condensation dehydrogenation method, with cyclohexanone as the main raw material, two-step reaction of condensation dehydration and dehydrogenation under special catalyst conditions to produce crude o-phenylphenol product, which is separated by distillation and refined by crystallization Afterwards, an o-phenylphenol product with a purity of more than 99.
    5% is obtained.
    The process technology is mature and belongs to the domestic leading level.


    After the completion of the project, the annual sales income is expected to reach 510 million yuan.

        8.
    The bisphenol A plant of Thailand PTT Phenol Company has restarted

     8.
    The bisphenol A plant of Thailand PTT Phenol Company has restarted


    In early April, Thailand’s PTT Phenol Company’s 200,000-ton/year phenol and 270,000-ton/year acetone plant in Mata Province ended its overhaul and resumed its operation, and the downstream 150,000-ton/year bisphenol A plant resumed and restarted simultaneously.
    According to experts, in late April, intermediate merchants of bisphenol A cargoes are currently offering US$1,730-1,750/ton (CFR China's main port).


    9.
    The supply of phenol in our country is in short supply and also read the "surplus"

    9.
    The supply of phenol in our country is in short supply and also read the "surplus"


    It was reported in March that: my country’s phenol has been in short supply for a long time, and the self-sufficiency rate is struggling at 50%.
    However, this situation has reversed with the rapid launch of domestic phenol ketone installations in recent years.
    From the end of 2011 to 2013, domestic production capacity of phenol almost doubled, but demand stagnated and prices continued to fall.
    Right now, downstream demand will not see a big improvement in the short term, but a batch of projects are planned to be put into production.
    It is self-evident that the industry is under competitive pressure, and phenol will also face a crisis of excess.


    10.
    India imposes temporary anti-dumping duties on imported phenol

    10.
    India imposes temporary anti-dumping duties on imported phenol


    On March 5, the Indian Ministry of Commerce and Industry made a preliminary anti-dumping ruling on phenol originating in Taiwan and the United States.
    Among them, temporary anti-dumping duties of US$46.
    07-193.
    9/metric ton are imposed on Taiwanese enterprises; US companies are levied at US$146.
    09/ton.


    In May 2013, India initiated an anti-dumping investigation against phenol originating in Taiwan, China and the United States.

        11.
    The largest domestic phenol acetone project settled in Nanjing Chemical Park

     11.
    The largest domestic phenol acetone project settled in Nanjing Chemical Park


    Yangzi Petrochemical and Ineos jointly invested 3.
    15 billion yuan to build a joint venture contract for the largest 650,000 tons/year phenol acetone project in China, which was signed in Nanjing on February 18, 2014; at the same time, the phenol acetone technology transfer agreement and project entry were signed.
    Park agreement.
    This marks that this project has crossed a new fast-moving milestone.
    More

        12.
    India's import tariffs on phenol from Southeast Asia dropped by 1 percentage point

     12.
    India's import tariffs on phenol from Southeast Asia dropped by 1 percentage point


    India's import tariffs on phenol from Southeast Asia have dropped by 1%.
    According to experts, from January 1, 2014, India’s tariff on imports of phenol from Southeast Asia was reduced from 6% to 5%.
    (Source: Global Coatings Network) (For more information, please log in: Global Coatings Network  http:// )

    (Source: Global Coatings Network) (For more information, please log in: Global Coatings Network  http:// ) 

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.