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[Market information]：Ethylene will usher in a breakthrough, and the total production capacity is expected to exceed 40 million tons.

Read： 443 Time：36months ago Source：Development report of domestic and foreign oil and gas industry in 2020, looking for plastic viewpoint, Inner Mongolia chemical industry, process industry, chemical technology

"14th Five-Year Plan" period, the domestic new ethylene production capacity of about 38.32 million tons/year. Among them, in 2021, domestic ethylene will usher in the peak of production expansion, with the Zhongsha Tianjin Petrochemical, China-Korea Petrochemical, Changqing ethane ethylene and Tarim ethane ethylene and other expansion and new projects put into operation, ethylene production capacity or will usher in a greater growth. It is estimated that in 2021, more than 800 million tons of ethylene production capacity will be planned to be put into production, and the total production capacity will exceed the 40 million tons mark .2021 may become the year with the largest production capacity in the history of China's ethylene industry. The proportion will be further expanded, and the market competition will become more fierce.

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Source: Domestic and Foreign Oil and Gas Industry Development Report in 2020, Looking for Plastic Viewpoint, Inner Mongolia Chemical Industry, Process Industry, Chemical Technology

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