Acrylic factory to expand production pressure (Chemical Information Network)
From：
Dongguan East Tiger New Material Science and Technology Co., Ltd
Post date：
2014-07-02
In acrylic acid industry in rapid expansion, production capacity from problems tend to excess phase. 2011 is the biggest year acrylic gap of supply and demand, in recent years. The beginning of the national production capacity of 1200000 tons, the demand of more than 1000000 tons, both high utilization rate of product prices andproduction capacity. In 20122015, acrylic acid production capacity of more than 1800000 tons. While the acrylic demand mainly concentrated in the textile, paint,leather, paper, super absorbent resin and other industries, growth is expected in about 10%, consumption in the next few years, growth can not cover the rapid growth of industry productivity. But the acrylic industry excess capacity is generally as good point is that concentration of industry chain has a higher. By the end of 2012, the domestic top 5 enterprises a total capacity of more than 60% of the whole country,and the subsequent capacity expansion scale is 160000 tons of world scale. From a global perspective, so is the. Oligopoly industry makes the enterprises within the industry to deal with competition and cooperation is relatively rational scale, reduce the probability of fierce price war. On the other hand, acrylic acid and its esterinflammable and explosive, with high production potential, once a firm accidents,short-term supply and demand will be greatly influenced by the. At the end of 2012 9,acrylic device Japan catalyst explosion, causing global acrylic supply squeeze, the domestic price of acrylic acid also follow moving, from 11500 yuan / ton rose to nearly 17000 yuan / ton, the domestic with acrylic acid as the main products of the listing Corporation satellite Petrochemical four quarter net profit also rose more than 30%6at the end of the month, Shanghai chemical enterprise acrylic leakage accident, within a week, acrylic prices from 10500 yuan rose rapidly to 11850 yuan, the short-termtrend for the better obviously boom. But with the deepening of domestic acrylic acid and ester overcapacity, acrylic short-term economic accidents have caused willincreasingly attenuation trend. In fact, acrylic boom in 2012 also only lasted less than a quarter, lower than the current market most analysts' expectations. Therefore, theboom height and sustainability of acrylic acid and esters of the accident caused by therelatively cautious. Under the long-term expansion of acrylic pressure, industry and enterprise core outlet from improving technology level, keep the extension scale effect and the downstream industry chain.