China might see nearly 4.5 million tons of new PP capacity in 2019
China might see nearly 4.5 million tons of new PP capacity in 2019
PPH Inj PPH Raf PPH Inj (CTO/MTO) PPH Raf (CTO/MTO)
China is becoming less dependent on the import market for PP and if all twelve new projects that were planning to come online in 2019 successfully commissioned, demand for import PP here might limit to certain grades only.
In fact, twelve new PP projects in China with a combined capacity of more than 4.4 million tons per annum are scheduled to come online within 2019 and about 65% of the total capacity might reach the market in the first half of the year.
The following table detailed out the capacity and estimated start-up time for all mentioned plants:
|
Plant Name |
Country |
PP Capacity |
Processor Type |
Start-up Date |
|
|
Zhejiang Satellite Petrochemical |
China |
150,000 |
PDH |
Feb-19 |
|
|
Huating Zhongxi |
China |
200,000 |
Naphtha |
Mar-19 |
|
|
Hengli Petrochemical |
China |
400,000 |
Naphtha |
Apr-19 |
|
|
Dongguan Grand Resource |
China |
600,000 |
Naphtha |
Apr-May 2019 |
|
|
Zhejiang Petrochemical |
China |
900,000 |
Naphtha |
Apr-May 2019 |
|
|
Zhongan Coal Industry |
China |
350,000 |
Coal based |
May-June 2019 |
|
|
Ningxia Baofeng Phase II |
China |
300,000 |
Coal based |
Jun-19 |
|
|
Jiutai Energy |
China |
320,000 |
Coal based |
Jul-19 |
|
|
Qinghai DaMei |
China |
400,000 |
Coal based |
Jul-19 |
|
|
Yanchang Yanan Energy |
China |
250,000 |
Coal based |
Sep-19 |
|
|
Ningbo Fund Energy Phase II |
China |
400,000 |
Coal based |
End 2019 |
|
|
Dong Ming Petrochemical |
China |
200,000 |
PDH |
End 2019 |
|
|
|
TOTAL |
4,470,000 |
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