On October 29th, the reporter learned from Sinochem International that the carbon Trinity project with an annual capacity of 600000 tons of propane dehydrogenation (PDH) unit located in Sinochem Lianyungang Circular economy Industrial Park has been put into commissioning recently and is expected to produce products in the first ten days of November. This marks the Sinochem International Lianyungang epoxy resin industry chain integration device through the whole line.
In addition, the second set of bisphenol A plant with an annual output of 240000 tons has been put into production in September and one-time production, superimposing the production capacity of the first unit, the company's total production capacity of bisphenol An is expected to reach 480000 tons per year.
Epoxy resin is one of the core 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 properties, epoxy resin has the characteristics of high environmental tolerance, low shrinkage and good mechanical properties, and is widely used in wind power, electronics, electrics, industrial coatings and other fields. In recent years, with the stricter environmental protection and safety supervision policy in China, and aiming at the import substitution requirements of high-end electronic grade epoxy resin and epoxy resin composites, the products are developing towards high-end. The comprehensive advantages of clean production and high-end products have become the development direction of the epoxy resin industry.
According to reports, Sinochem International Lianyungang epoxy resin industry chain contains "PDH-- propylene-phenol acetone- bisphenol A / epichlorohydrin-epoxy resin" integrated device. Since 2022, the main units of the project, such as phenol acetone, bisphenol A, epichlorohydrin and epoxy resin, have been completed and put into production one after another. After the successful start-up of the PDH plant, the whole industry chain integration device of epoxy resin is connected.
This is Sinochem International's most complete and competitive "propylene-epoxy resin" industry chain, with PDH as the source, with an annual output of 480000 tons of bisphenol An and 150000 tons of epichlorohydrin in the upper reaches of the layout, to enhance the control capacity of key intermediates, build an integrated industrial chain, and stack existing production capacity and technical advantages. Will further improve the company's comprehensive competitiveness in the field of epoxy resin.
In addition to focusing on the layout of the "propylene-epoxy resin" industry chain, Sinochem International carbon Trinity project also coordinated the layout of "propylene-epoxy propane", "propylene-phenolketone-bisphenol A" and other industries.
In the first half of 2023, China's bisphenol A market trend is relatively weak. However, after entering the third quarter, the early destocking came to an end, and the downstream rigid demand replenishment had a positive impact on the market. Bisphenol A market ushered in a continuous rise, the market price has also risen to the highest level so far this year. Although there was a small shock in the market in the fourth quarter, due to the average contract price and cost line restrictions, its falling space is limited.
At present, the two sets of bisphenol A plants in Sinochem International Lianyungang are in a state of capacity commissioning and climbing, with a total capacity of 480000 tons. In addition to synthetic epoxy resin for self-use, the surplus can form a synergistic advantage within Sinochem and achieve external sales. Under the current rising bisphenol A market, phased opportunities can be created.
Sinochem's carbon Trinity project has an annual output of 400000 tons of propylene oxide plant, which is expected to be put into operation on November 8th and is expected to produce qualified products after commissioning. At that time, the company's carbon three industry chain investment project will usher in full production. Source: Securities News Network