The production capacity will increase by 50% in the next 3 years. The development of caprolactam depends on these 5 major directions

Caprolactam is an important organic chemical raw material.

2.
In the next few years, my country will still have 600,000 tons/year of Jianyuan Coal Coking Co.
, Ltd.
, Etuoke Banner, Ordos City, Inner Mongolia, 100,000 tons/year of Hubei Sanning Chemical Co.
, Ltd.
, and 200,000 tons of Inner Mongolia Qinghua Group /Year, Fujian Yongrong Technology Co.
, Ltd.
400,000 tons/year, Fujian Shenyuan New Materials Phase II 600,000 tons/year, Baling Petrochemical relocation and new construction 600,000 tons/year (actual increase of 300,000 tons/year), Jiangsu Sanding Petrochemical Technology Co.
, Ltd.
has a capacity of 200,000 tons per year, Hebei Cangzhou Xuyang Chemical Co.
, Ltd.
newly built 350,000 tons per year, and Yankuang Lunan Chemical Co.
, Ltd.
has built or expanded its caprolactam production plants with an annual output of 300,000 tons.
If these projects can be implemented as scheduled, it is estimated that my country's caprolactam production capacity will exceed 6.
50 million tons per year in 2024.

With the release of new and expanded caprolactam production facilities, the contradiction of overcapacity will further intensify, and market competition will become more intense.
In the future, we should expand capacity rationally, arrange rationally, and avoid disorderly competition.
Production enterprises that have been completed and put into production should increase technological transformation, increase the research, development and application of new energy-saving and emission-reduction technologies to save energy, reduce costs, reduce environmental pollution, realize environmentally friendly production, and enhance the competitiveness of enterprises.
For companies planning to build or expand, they should comprehensively consider their own advantages and disadvantages, analyze various factors and industry risks, and carefully join the market competition.

3.
PA6 fiber and PA6 resin are still the main consumption areas of my country's caprolactam, but the growth rate of the demand for caprolactam of PA6 fiber will slow down, and PA6 resin will become the main direction and driving force of future development.
In addition, caprolactam mainly faces the competition of polyester products in the field of civil yarns.
In the field of bias tire cord, it mainly faces the competition of radial tire polyester cord.
In the field of carpet yarn, it mainly faces the competition of polytrimethylene terephthalate.
(PTT) competition.
Therefore, we should continue to expand application areas, increase the added value of products, and reduce the impact of substitutes.

　　While expanding the existing caprolactam market, strengthen the development of downstream products, such as introducing alkyl, vinyl, methyl, acetyl, arylsulfonamidoethyl, tetraalkylammonium halide, butyl on the nitrogen atom of caprolactam Such groups can enable it to realize rich and diverse functions in the fields of medicine, biology and chemical engineering, increase the added value of caprolactam products, and realize the sustainable development of the caprolactam industry.

　　4.
Extend the industrial chain and integrate upstream and downstream development.
At present, competition in the caprolactam market has changed from single product competition to overall product competition in the industry chain, and from competition among single companies to competition among industry chains.
The integration of upstream and downstream development can not only stabilize sales channels, but also effectively avoid them.
Market risk, and can quickly form an industrial chain, and gain room for development.

　　5.
To curb dumping of similar foreign products in my country, consolidate anti-dumping results, and create a fair competition environment for domestic caprolactam; actively expand exports, resolve domestic overcapacity contradictions, and ensure the healthy and steady development of the caprolactam industry.

Transfer from: China Chemical Industry Information Weekly