Welcome to the CHEMWIN
Trading Time : 09:30-17:00 GMT+8
Customer Service line : +86 400-9692-206
(09:30-18:00 GMT+8)
Inquire NowRead: 299 Time:27months ago Source:
July 12-14, 2020, Longzhong Information 2022 China Phenol & Epoxy Resin Upstream Industry Summit Forum was successfully held in Baoding Kaiyuan Mingdu Hotel, Hangzhou, Zhejiang Province.
this meeting covers a wide range of topics, comprehensively interpreting the current situation and development expectations of macro-economy, dual carbon policy, pure benzene, propylene, phenol, acetone, bisphenol A, phenolic resin, isopropanol, MIBK, epoxy resin and other industries. It has attracted the active participation of well-known domestic enterprises, traders and downstream factories and other representatives from all walks of life. The success of the meeting is inseparable from the strong support of people from all walks of life to Longzhong Information. Here we would like to express our heartfelt thanks to you.
With the introduction of the "dual carbon" policy and the promulgation of the 14th Five-Year Plan, my country's energy structure has undergone major changes. The old energy with high energy consumption and high pollution has gradually withdrawn, and clean energy represented by hydropower, wind power and photovoltaics will Enter a period of vigorous development. Ms. Weng Hui, Director of China Petroleum and Chemical Industry Federation, Interpretation of "Double Carbon" Policy on Chemical Industry.
China Petroleum and Chemical Industry Federation Director Weng Hui
pure benzene in the first half of 2022 was driven by internal and external factors such as the decline in domestic refining capacity utilization and the record high of foreign aromatics, and the price continued to rise, reaching an all-time high since March 2013. During the same period, although the increase in propylene is still acceptable, but the high cost to the downstream transmission is not smooth, the overall profitability decreased significantly compared to 2021. At present, the profit value of phenolic ketone enterprises is in a state of loss, the industry is particularly concerned about the price trend of raw materials. Mr. Cao Yang, who is studied by Hong Ze, combined the current situation of supply and demand pattern and future prospects to share.
Hongze Research Cao Yang
In March 2022, Zhejiang Petrochemical Phase II phenolic ketone plant was successfully put into operation. While the voice of phenolic ketone domestic products was enhanced, it also squeezed out part of the import supply. Under the future development prospect of phenol and ketone integration, the supply and demand pattern of phenol and ketone will continue to change. How will the circulation of supply between regions be weighed and whether phenol and ketone can show a different market? Mr. Gu Zhen of Rongsheng International Trade Co., Ltd. takes us to appreciate different phenol and ketone.
of Rongsheng International Trade Co., Ltd. Gu Zhen
In recent years, the supply and demand of bisphenol A industry has changed a lot. In 2021, the price reached a record high and the profit margin was rich. It has become the star product of the phenol ketone industry chain. In the first half of 2022, bisphenol A opened the downward channel, the industry profits then continued to shrink, and upstream and downstream price linkage increased, during which the demand side of the constraints are greater. In the second half of 2022, bisphenol A is about to usher in a wave of capacity expansion, how will the future industry supply and demand pattern be interpreted? Ms. Zhang Wei, senior analyst of bisphenol A products of Shandong Longzhong Information Technology Co., Ltd., brings wonderful analysis.
Shandong Longzhong Information Technology Co., Ltd. Senior Analyst Zhang Wei
2022 for the phenolic resin industry, can be said to be full of challenges, in the face of high-priced raw materials, peak season is not prosperous, off-season is still weak and other factors, phenolic resin prospects, industry development path? Shandong Jinan Shengquan New Materials Co., Ltd. sales director Mr. Tao Xianbo to bring us phenolic resin industry development, application and future prospects and other aspects of the interpretation.
Shandong Jinan Shengquan New Material Co., Ltd. Sales Director Tao Xianbo
In the first half of 2021, the domestic price of isopropanol fluctuated relatively frequently, while in 2022, there was a sense of calm, the cost difference of enterprises increased, the export competition was fierce, and the demand was sluggish throughout the first half of the year. What is the development space of the industry in the second half of the year? Shanghai Tiangeng Chemical Co., Ltd. Mr. Na Wei analyzed the problems in the isopropanol industry.
Shanghai Tiangeng Chemical Co., Ltd. Na Wei
In the first half of 2020, the domestic MIBK market was suffering. Under the epidemic environment, domestic and foreign trade were sluggish, demand was sluggish, and industry profits were squeezed. Can MIBK stand out in the future? Ms. Zhang Qian, a senior analyst at Shandong Longzhong Information Technology Co., Ltd., expressed her opinion on the supply and demand pattern of the MIBK industry.
Shandong Longzhong Information Technology Co., Ltd. Zhangqian
in the first half of 2022, the domestic epoxy resin market new equipment put into production 100,000 tons, although the production capacity base has increased, but the new equipment start-up unstable, coupled with the impact of the domestic epidemic, the epoxy resin industry as a whole start-up load is low. Downstream terminal paint. The demand of electronic and electrical industries is insufficient, and the contradiction between market supply and demand is obvious. In the later stage, with the increase of domestic new investment and new expansion of production capacity, the domestic supply increases, and the problem of overcapacity will be particularly prominent. Ms. Ma Jie, chief engineer and senior engineer of Sinochem Innovation (Beijing) Science and Technology Research Institute Co., Ltd., explained to us the opportunities and challenges of epoxy resin industry.
Innovation (Beijing) Science and Technology Research Institute Co., Ltd. Ma Jie
The speeches of the guests in the venue were well received by the industry, and the exchanges outside the venue were also very fierce. Thank you for your strong support. The 2022 Longzhong Information China Phenol & Epoxy Resin Upstream and Downstream Industry Summit Forum was successfully concluded. Thank you again for your support and participation. Thank you Hainan Huasheng New Materials Technology Co., Ltd. and Zhejiang Hengdian Import and Export Co., Ltd. for their full naming.
In the future, we will continue to improve the upstream and downstream products of the phenolic ketone industry chain to provide you with timely, accurate and effective industry information. On the way forward, Longzhong Information is in the same boat with you through thick and thin, looking forward to our next meeting.
2024 Polycarbonate PC Industry Market Event
Acrylonitrile price shocks down, when can the imbalance between supply and demand be solved?
New trends in the bisphenol A market: raw material acetone rose, downstream demand is difficult to boost
With a total investment of 1.024 billion yuan, Sinochem Dongda (Quanzhou) Polyether Polyol Signed
Epoxy resin market after the National Day, the price rise can be sustained?
Total investment 1.5 billion, Hebei Jinbang new materials 80000 tons of epoxy resin project accelerated
Quick Response
Customer service is available 24/7 for extremely fast response
Exclusive Services
Dedicated consultant 1 to 1 service
Massive Resources
Connecting resources upstream and downstream
Technology Advanced
Technology Information Service
Transaction Security
Merchant authentication and risk control model
One-stop service
Trading logistics warehouse-style services