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With an investment of RMB 10.
7 billion, the 260,000-ton/year polycarbonate project is expected to be put into trial production in June 2021
.
By 2025, the apparent demand for polycarbonate will reach 3.
5 million tons, and China's polycarbonate production will reach 2.
7 million tons, with a supply-demand gap of about 800,000 tons
.
At around 18:00 on May 9, 2021, the purging of the 1.
0MPa and 4.
0MPa steam pipelines in Zhongsha New Material Park, a key project in Tianjin Nangang Industrial Zone, was officially started
.
This is an important link and precondition for the trial run of the Polycarbonate (PC) project in the Zhongsha New Material Park, marking a crucial step for the project to be completed and put into production in June
.
In order to ensure the smooth progress of the purging work, Taigang Operating Company, Sinosha Petrochemical, Huadian International and other relevant units made arrangements in advance to jointly plan the purging plan carefully, predict possible risks in advance, and formulate corresponding measures
.
The purging site involved the steam distribution station in Nangang Industrial Zone, 3.
3 kilometers of external pipelines and the internal pipelines of the Zhongsha Project
.
The total investment of the Zhongsha New Material Park project is about 10.
7 billion yuan, and it mainly builds a 260,000-ton/year PC project
.
At present, the main equipment has been basically completed, and it is expected to be put into trial production in June 2021
.
——The project lasted ten years before and after the project, and presented a gift to the centenary of the founding of the party
On March 9, 2021, at the construction site of the 260,000-ton/year polycarbonate project of Zhongsha (Tianjin) Petrochemical Co.
, Ltd.
, the Polycarbonate Project of Zhongsha Petrochemical held a "sprint for 100 days, vowing to win '6.
15', to the founding party one.
The launching ceremony of the "Centenary Gift" action
.
Dong Kexue, general manager and deputy secretary of the party committee of Sinopec Fourth Construction Co.
, Ltd.
, attended the launching ceremony.
The project manager of Sinopec Fourth Construction Co.
, Ltd.
came to the stage to receive the certificate of responsibility and made a statement
.
——New projects will be put into production one after another, and the PC market pattern will undergo significant changes
According to the data, Zhongsha (Tianjin) Petrochemical Co.
, Ltd.
was established in October 2009 by Sinopec and SABIC in a 50:50 share ratio
.
The first-phase project of 1 million tons/year of ethylene and supporting projects has been fully put into operation in January 2010
.
The second phase is a 260,000-ton/year PC project with a total investment of about 11 billion yuan, covering an area of 67 hectares.
It was approved by the National Development and Reform Commission on January 13, 2012
.
The main construction contents include 2 sets of 130,000 tons/year non-phosgene polycarbonate joint production units and supporting public works and auxiliary facilities
.
Construction started on April 3, 2012, and it was expected to be completed and put into operation in 2015.
Later, due to some reasons, the project was delayed
.
The data shows that by the end of 2020, there were more than 30 sets of polycarbonate production units in the world, with a total production capacity of about 5.
8 million tons per year, with Asia accounting for 64%, Europe accounting for 22%, and North America accounting for 14%
.
As of the end of 2020, among the polycarbonate projects that have been completed and put into production in China, there are 4 wholly foreign-owned and Sino-foreign joint ventures, with a total production capacity of 690,000 tons/year, accounting for 44% of China's total polycarbonate production capacity
.
Eight domestic enterprises have completed and put into production polycarbonate projects, with a total production capacity of 895,000 tons/year, accounting for 56% of China's total polycarbonate production capacity
.
Recently, Mitsubishi Chemical announced that it will withdraw from the 60,000-ton/year joint venture of Sinopec Mitsubishi Chemical Polycarbonate (Beijing) Co.
,
Ltd.
As new projects are put into production one after another, the PC market structure in China and even the world will undergo significant changes
.
In the next few years, China's polycarbonate consumption will continue to maintain rapid growth, which is the most important engine driving demand growth in the world
.
Assuming an average annual growth rate of 8%, apparent demand for polycarbonate will reach 3.
5 million tons by 2025
.
By then, China's polycarbonate output will reach 2.
7 million tons, with a gap between supply and demand of about 800,000 tons
.
