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[Industry Focus]：Sinochem International's 600000-ton propane dehydrogenation (PDH) plant has been put into trial operation, and the whole industry chain integration device of epoxy resin has been completed.

Read： 548 Time：13months ago Source：中化国际

On October 29, good news came from Sinochem Lianyungang Circular Economy Industrial Park.

Sinochem International Carbon Trinity Phase I Project with an annual output of 600000 tons of propane dehydrogenation (PDH) has been put into trial operation recently and is expected to produce qualified products in early November. This marks the whole line of Sinochem International Lianyungang epoxy resin industry chain integration device.

In addition, the project's second annual output of 240000 tons of bisphenol A plant has been put into production in September and one-time output of high-quality qualified products, superimposed on the first suit of production capacity, the company's total production capacity of bisphenol A has reached 480000 tons/year.

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Epoxy resin whole industry chain integration device through the whole line

epoxy resin is one of the core advantage industrial chains of Sinochem International. The company currently has a total of 350000 tons/year epoxy resin production capacity in Yangzhou and Lianyungang, ranking first in China.

As a chemical material with excellent performance, epoxy resin has the characteristics of high environmental tolerance, low shrinkage and good mechanical properties, and is widely used in wind power, electronic and electrical engineering, industrial coatings and other fields. In recent years, with the tightening of domestic environmental protection and safety regulatory policies, and the import substitution requirements for high-end electronic grade epoxy resin and epoxy resin composite materials, products are developing towards high-end, and the comprehensive advantages of clean production and high-end products have become the development direction of the epoxy resin industry.

The whole industrial chain of Sinochem International Lianyungang epoxy resin contains "PDH -- propylene -- phenol acetone & bisphenol A/epichlorohydrin -- epoxy resin" integrated device. Since 2022, the project phenol acetone, bisphenol A, epichlorohydrin, epoxy resin and other major devices have been completed and put into operation. After the PDH device is successfully started, the whole industry chain integration device of epoxy resin is connected.

This is Sinochem's international layout of the world's most complete and competitive "propylene-epoxy resin" industrial chain, with PDH as the source, the upstream annual output of 480000 tons of bisphenol A and the green process of 150000 tons of epichlorohydrin and other important raw materials, enhance the control ability of key intermediates, build an integrated industrial chain, superposition of existing production capacity and technical advantages, will further improve the company's comprehensive competitiveness in the field of epoxy resin.

Bisphenol A production expansion creates phased opportunities

in addition to the key layout of the "propylene-epoxy resin" industrial chain, Sinochem International Carbon Trinity Phase I project also collaborates in the layout of "propylene-propylene oxide", "propylene-phenol ketone-bisphenol A" and other industries.

In the first half of 2023, China's domestic bisphenol A market trend is relatively weak. However, after entering the third quarter, the pre-inventory has come to an end, and downstream replenishment has a positive impact on the market. The bisphenol A market has ushered in a continuous rise in the market, and the market price has also risen to the highest level this year. Although the market was slightly volatile in the fourth quarter, its downside was limited due to the limitations of the average contract price and cost line.

At present, Sinochem International Lianyungang's two sets of bisphenol A plants are in normal production state, with a total production capacity of 480000 tons. In addition to self-use synthetic epoxy resin, the remaining amount can form a synergistic advantage within Sinochem and realize external sales. In the current situation that the bisphenol A market has risen, phased opportunities can be generated.

Sinochem International Carbon Trinity Phase I Project is expected to produce 400000 tons of propylene oxide on November 8 and produce qualified products in early December. At that time, the company's carbon three industrial chain investment project will usher in the full line of production.

Source: Sinochem International

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