The data show that in 2013 there are two sets of major new oil routes ethylene plant put into operation, the production capacity of 1.6 million tons / year, all concentrated in China. These two devices are the Wuhan Petrochemical 80 million tons / year plant and PetroChina Sichuan Petrochemical’s 800,000 tons / year plant. The former is expected to put into operation in the second quarter, the annual output of 30 million tons; latter is expected to be put into operation in the second half of the year, the annual output of 20 million tons.
In addition, there are two sets of MTO device put into operation, the new ethylene production capacity of 600,000 tons / year. The existing MTO device operating rate has more than 80%, in good condition.
Be seen that in 2013 China’s new ethylene capacity of more than 200 million tons of ethylene production was 17.03 million tons, a substantial increase compared to 2012.
Operating rate, based on the ethylene production in 2012 declined, the overall situation is gradually stabilized to the good, expected 2013 global increase in ethylene production slightly larger than in 2012, the ethylene plant operating rates rebounded slightly to 83.8%, compared to 2012 increased by 0.4 percentage points, mainly for light hydrocarbon and mixed feed device operating rates improve, the naphtha feed device operating rates continue to decline. North America operating rate remained at 90%; Western Europe will close the part of the device, the overall operating rate has gone up; downstream unit production capacity of the Middle East, leading ethylene plant operating rates rebounded slightly; Asia Maori downturn, the operating rate will continue to decline.
The future of the world’s raw material ethylene industrial development will be further diversified, but the light of the development trend. 2011 global naphtha as raw material, the proportion was 44.1%, down nearly 9 percent compared with 2007. Estimated that in 2013 the proportion of naphtha as raw material was 42.9%, compared with a decline of 0.7 percentage points in 2012.
Equivalent demand to go up slightly. The estimated demand for ethylene equivalent of 33.5 million to 34.7 million tons, with an annual increase of 3% to 6.7% in 2013.
The increased demand for polyethylene and ethylene glycol is the main driver of growth in demand for ethylene equivalent in 2013. Expected 2013 domestic polyethylene demand growth of 4.5%, driving demand for ethylene equivalent to an increase of 3.1 percentage points; glycol demand grew 9%, stimulating demand for ethylene equivalent to an increase of 2.3 percentage points.
Worldwide gross profit will be some recovery in 2013, but in Asia ethylene prices may be slightly lower than in 2012, or to maintain the current level of gross profit. Southeast Asia, for example, ethylene prices in the area in 2012 than in 2011 declined slightly, expected 2013 average price of $ 1,210 / ton, slightly lower than in 2012, gross profit remained at current levels.
Translated by Google Translator from http://news.cria.org.cn/3/12443.html
