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A Thought Initiated by Chemical Raw Materials Production Security

Author:     Aug 17, 2011 14:46     

    PX and PTA are the important raw materials of the chemical industry in China. In 2002, because the government changed the policy towards PTA from restrict to encouragement, the domestic demand increased dramatically and directly pulled the demand of upstream materials PX, leading the consuming volume of PX sharply increase in the following five years. The data showed that the PX output increased from 840,000 tons in 1995 to 2,250, 000 tons in 2005, and the import volume increased from 10,000 tons in 1995 to 1,550,000 tons in 2005, the import dependence rate has increased to 41.8% in 2005.      
    In order to satisfy the demand towards raw materials of economic growth, and reduce the import dependence rate, the NDRC proposed in 2006 that during the eleventh five-year plan period the government will deal with 4 PX reconstruction programs, which will increase 1,830,000 tons capacity; 6 new PX programs, which will increase 4,150,000 tons capacity. It is estimated that after all the projects established and put into operation, the PX capacity in China will break 10,000,000 tons.
    The established PX projects in China mainly located in coastal areas which is economically developed and the demand is active, and from Hainan (to be built), Guangdong, Fujian, Zhejiang, Jiangsu provinces to Liaoning province. Many factories established near ports considering logistic factor, but the summer typhoon is usually occurred in these areas, so how to increase the ability to deal with natural disasters of this new factories is very important. Because there is also PX storage tanks in the PTA factories, the impact factors should be considered when establish new PTA factories.   
    Currently, there are many PX proposed projects and projects in constructions, and they are well regarded by the investors. To invest a PX project costing nearly ten billion Yuan, the government considered develops the all industry chain.  
    However, the relocation of several PX projects recently may lead to the tight supply of domestic PX and influence the purchase of downstream PTA industry. Meanwhile, the difficulty of examination and approval of new PX project may increase, and it is not beneficial for long term expansion of petrochemical industry, but beneficial for the sustained and steady development of petrochemical industry. In the next few years, the PTA and polyester industry will receive its investment peak, as new factories and equipments, the security work like site selection should be well done and the relation between economic benefit and environment protection should be well dealt with.  

Editor: leila    From: 168Tex.com

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