DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/9l7wcf/china_ethylene) has announced the addition of the "China Ethylene Oxide (EO) Industry Report, 2014-2020" report to their offering.
Among ethylene derivatives, EO is an important organic chemical raw material, only second to polyethylene and polyvinyl chloride. In 2013, the global EO capacity was mainly distributed in Asia-Pacific, the Middle East and North America, wherein Asia-Pacific contributed 38% to the total capacity.
As one of main EO producing areas, China's total EO capacity had reached 5.428 million tons by the end of September 2014, accounting for about 18% of the global total.
Due to the rapid growth of EO capacity, China EO industry is confronted with overcapacity in 2013-2014; meanwhile, the operating rate of the industry falls to below 80%, and the profit dives. In 2014-2020, China's proposed and ongoing EO capacity will hit over 2 million tons, continuing the oversupply.
As of the end of September 2014, Chinese EO producers had mainly included Sinopec and PetroChina and their subsidiaries and joint ventures, occupying up to 67.9% of the EO capacity. In addition, private companies such as Ningbo Heyuan and Sanjiang Fine Chemicals also seize a certain market share.
In China, EO is mainly used for the production of glycol, which consumed 68.1% of EO in 2013. Commodity EO is often applied to the production of nonionic surfactant, polycarboxylate water reducer, ethanolamine, crystalline silicon cutting fluid, taurine and others. Particularly, the polycarboxylate water reducer market witnesses the fastest growth, sharing 8.4% of the EO demand in 2013.
Key Topics Covered:
1 Overview of EO
2 Development of China EO Industry
3 EO Upstream Industry
4 EO Downstream Deep-processing
5 EO Manufacturers
6 EO Deep-processing Enterprises
7 Summary and Forecast
- CNOOC and Shell Petrochemical (CSPC)
- China North Chemical Industries Group
- China Sanjiang Fine Chemicals
- Jiangsu Sobute
- Jilin Petrochemical
- Kelong Fine Chemical
- Liaoning Huaxing
- Liaoning Oxiranchem
- Sasol (China)
- Sinopec Shanghai Petrochemical
- Sinopec Yangzi Petrochemical
- Sinopec Zhenhai Refining & Chemical
- XiamenAcademy Of Building Research Group
- Yongan Pharmaceutical
For more information visit http://www.researchandmarkets.com/research/9l7wcf/china_ethylene