Acrylic acid and esters of competition will become increasingly fierce industry

Iconic products of the petrochemical industry is also a downward trend last week, ethylene , it is understood that the recent Asia -shelf stable ethylene downstream market is still at a loss , intent to purchase light, resulting in decline in the closing price of ethylene . Acrylic acid and esters domestic industry started late , by the impact of technology , raw materials, capital, management and other factors, the small number of industries and enterprises , product production and prices more transparent .Masking tape

As of the end of 2011 , there were producers of acrylic acid and esters 12 , acrylic acid production capacity amounting to 1.498 million tons / year, the total production capacity of acrylic 1,475,000 tons / ton. Among them, the production of the top five producers of acrylic acid and esters can be accounted for approximately 67.1% and 67.5% of total capacity , higher industry concentration . Zhejiang Satellite Petrochemical is the fifth largest domestic producer of acrylic acid and esters , acrylates production accounted for 10.2 % of the country . At higher domestic acrylic acid and esters of industry concentration , the domestic pricing of basic products from the industry 's top five producers control , Zhejiang Satellite Petrochemical currently has some pricing power.Wholesale masking tape


Currently our planning and acrylic acid and esters , there are many projects under construction . Yantai Wanhua company decided to build an annual output of 3 300 thousand tons of acrylic acid and acrylate supporting the project , a project expected to be completed in 2013 . January 2013 , Yangzi Petrochemical - BASF announced a new set of Nanjing Chemical Industrial Park in the annual 190,000 tons refined acrylic acid unit , is expected to put into operation in early 2014 . Taiwan Yan Chau Group has started to invest in Nantong total $ 220 million of annual output 80,000 tons annual output of 80,000 tons of acrylic acid and butyl acrylate vinegar projects. Shandong Kaitai Group is also building an annual capacity of 80,000 tons of acrylic acid project . In addition, there superabsorbent Zhejiang Satellite Petrochemical project in Jiaxing City, Zhejiang Province , Ningbo Formosa Petrochemical Integrated acrylic projects.Washi tape


Our industry has been formed acrylic acid and esters of state-owned enterprises, foreign and private participation in the market competition . Foreign and private enterprises in Jiangsu Jurong , Formosa Petrochemical and satellite is an industry leader .

Of acrylic acid and esters production capacity continues to expand in the future. At present, China still has a number of enterprises in the construction or proposed acrylic acid and esters production plans. Accordance with the existing expansion plan , by 2015 , with production capacity of acrylate is 128 tons / year, then, our production capacity will reach 2,755,000 tons acrylate / year, an increase of 86.8% compared to the end of 2011 , China's acrylic acid and ester industry competition will become increasingly fierce .Sellotape