2022-2023, China's PP capacity expansion plan !12 13,2021
Up to now, China has added 3.26 million tons of new production capacity, an increase of 13.57% year-on-year. It is estimated that the new production capacity will be 3.91 million tons in 2021, and the total production capacity will reach 32.73 million tons/year. In 2022, it is expected to add 4.7 million tons of new production capacity, and the total annual production capacity will reach 37.43 million tons/year. In 2023, China will usher in the highest level of production in all years. /Year, a year-on-year increase of 24.18%, and the production progress will gradually slow down after 2024. It is estimated that China's total polypropylene production capacity will reach 59.91 million tons/year in 2026
What are the PP industry policies in 2021?11 12,2021
What are the policies related to the polypropylene industry in 2021? Looking back at the price trend during the year, the rise in the first half of the year came from the double resonance of the rise in crude oil and the extreme cold weather in the United States. In March, the first wave of rebounds was ushered in. The export window opened with the trend, and the domestic supply was in short supply. Pushed up, and the subsequent recovery of foreign installations suppressed the rise of polypropylene, and the performance in the second quarter was mediocre. In the second half of the year, the dual control of energy consumption and power rationing have become the driving force behind the rapid price increase. The cost of coal and methanol has been continuously pushed up. We review policies related to the polypropylene industry during the year: Policy 1: Carbon neutrality and carbon peaking. In September 2020, China proposed to peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060. Carbon peaking and carbon neutrality policies have pushed up the operating costs of companies in the energy and chemical industries, including rising electricity costs, rising raw material prices, and investment in environmental protection renovations and energy-saving and consumption-reducing facilities, pushing up the price of final products. At present, China's energy consumption is mainly dominated by high-emission coal. Under the dual-carbon strategy, structural transformation needs to be carried out on both the supply side and the consumer side. New materials and plastic circular economy are promising. Policy 2: Dual Control of Energy Consumption. On August 12, the National Development and Reform Commission issued the "Barometer of Completion of Energy Consumption Dual Control Targets in Various Regions in the First Half of 2021". The table shows that the reduction of energy consumption intensity in less than half of the provinces (autonomous regions) is progressing smoothly. On September 16, the National Development and Reform Commission issued the "Plan for Improving the Dual Control System of Energy Consumption Intensity and Total Volume", proposing to strictly formulate energy dual control indicators for each province. The energy consumption "dual control" policy is mainly aimed at industries with high energy consumption. Methanol, steel, electrolytic aluminum, ferroalloy, cement, coke, calcium carbide and other industries are included in the scope of control. The raw materials of polypropylene have been greatly pushed up, with methanol and coal having the largest increase, and production profits have fallen rapidly. Policy 3: Inner Mongolia will no longer approve new coal chemical projects during the "14th Five-Year Plan" period. The Inner Mongolia Development and Reform Commission issued the "Several Guarantee Measures for Ensuring the Completion of the "14th Five-Year Plan" Energy Consumption Dual Control Objectives (Draft for Comments)", pointing out that from 2021, coke (blue carbon), calcium carbide, polyvinyl chloride (PVC) will no longer be approved. ), synthetic ammonia (urea), methanol, ethylene glycol, caustic soda, soda ash, ferroalloys, electrolytic aluminum, sapphire, monocrystalline silicon and other new production capacity projects. During the "14th Five-Year Plan" period, no new modern coal chemical projects will be approved in principle. Policy 4: Power and Production Restriction Order. Since September 22, 2021, a number of listed companies have successively issued announcements stating that due to the shortage of power supply, in response to local requirements for "double control of energy consumption", the production lines of listed companies or their subsidiaries have temporarily stopped production. High-energy-consuming enterprises in Zhejiang, Jiangsu and parts of Yunnan have all stopped production. The surge in coal prices has led to a decrease in the growth of thermal power generation. Thermal power generation accounts for about 70% of the total power generation. The reduction in thermal power generation has the greatest impact on the overall power generation. The implementation of the policy of restricting coal mine production has led to a reduction in domestic coal supply, and the high coal price has led to Thermal power plants prefer to shut down their generating units. The affected areas of the polypropylene industry are in Guangdong, Jiangsu and Zhejiang, which are the main consumption areas of my country's product industry and the concentration of production enterprises. The implementation of the power curtailment policy affects the consumption progress of upstream and downstream raw materials, and the supply side and the demand side of polypropylene decrease at the same time.
What aspects can PP substitute for PVC?09 11,2021
What aspects can PP substitute for PVC? 1. Color difference: PP material cannot be made transparent, and the commonly used colors are primary color (the natural color of PP material), beige gray, porcelain white, etc. PVC is rich in color, generally dark gray, light gray, beige, ivory, transparent, etc. 2. Weight difference: PP board is less dense than PVC board, and PVC has a higher density, so PVC is heavier. 3. Acid and alkali resistance: The acid and alkali resistance of PVC is better than that of PP board, but the texture is brittle and hard, resistant to ultraviolet radiation, can withstand climate change for a long time, is not flammable, and has light toxicity. However, PP board is not UV-resistant, and it will change color when exposed to sunlight for a long time. 4. Temperature difference Domestic brands: The temperature range of PP is about 0 to 80 degrees Celsius, and the range of PVC is 0 to 60 degrees Celsius. Imported brands: The temperature range of PP is about 0 to 100 degrees Celsius, and the temperature range of PVC is -40 to 95 degrees Celsius. From the perspective of the downstream consumption structure of PVC, at present, pipes and fittings are the main application of PVC, accounting for about 32% of its downstream applications, followed by building materials, accounting for about 24% of downstream applications, and cables accounting for 11% of downstream applications; with the price of PVC Continuing to rise, PP may form a partial replacement for PVC in the fields of pipe fittings, plates, cable protective sleeves, etc.; but since PP/PE/PVC currently perform their respective functions, most of the fields that can be replaced have been replaced, and the specific replacement situation will be later. It is also necessary to keep an eye on downstream production.
Ningbo is unblocked, can the PP export getting better?08 26,2021
Ningbo Port is fully unblocked, can the polypropylene export getting better? Public health emergencies, Ningbo Port announced in the early morning of August 11 that due to system failure, it has decided to suspend all inbound and suitcase services from 3:30 a.m. on the 11th. Ship operations, other port areas are normal and orderly production. Ningbo Zhoushan Port ranks first in the world in terms of cargo throughput and third in container throughput, and Meishan Port is one of its six container ports. The suspension of operations at Meishan Port has caused many foreign trade operators to worry about the global supply chain. On the morning of August 25, the closure and control of Ningbo Meishan Comprehensive Bonded Zone was lifted. The comprehensive unblocking of Meishan Port may alleviate port congestion to a certain extent, but the Maritime Safety Administration of the People's Republic of China has notified that before the end of August, the Bohai Strait, northern Yellow Sea, South China Sea, Beibu Gulf and other waters will be banned due to military exercises and live ammunition. It may have a certain impact on some ports, such as late opening and late arrival of ships, delays in shipping schedules, etc. At present, port congestion is a global problem. Global shipping is facing the biggest crisis in 65 years. The peak season surcharges and destination port congestion charges announced by major shipping companies have further contributed to the rising shipping costs. In addition, the shortage of containers has also caused problems. It is quite prominent, and the global supply chain has been seriously affected. Therefore, although the comprehensive unblocking of Ningbo Port may alleviate the current port congestion to a certain extent, it will have little impact on the global supply chain congestion, and the congestion will continue and will not be available in the short term. Significant improvement. For polypropylene, although the domestic market price is at a low level, problems such as port congestion and rising sea freight rates have seriously hindered the export pace of domestic traders, and the road of polypropylene export arbitrage is still difficult.