Japan's ethylene plant may be shut down on a large scale
the demand for ethylene raw materials in Japan is declining, and the shale gas in the United States and China's coal chemical industry are developing rapidly. In the future, Japan's international competition for high-cost ethylene will therefore be moderately tight When conditioning, loosen the screws on the electromechanical carriage, move the carriage back and forth, and adjust the tightness of the synchronous belt until the finger pressure has obvious elasticity, and the fighting force is gradually weakened. Japanese experts predict that Japanese enterprises may shut down domestic ethylene plants on a large scale due to "domestic troubles and foreign aggression"
local demand is quietly declining, and several devices are ready to shut down.
according to the data released by the Ministry of economy, trade and industry of Japan, the total ethylene production in Japan in March this year was 510900 tons, a year-on-year decline of 8.1 percentage points. From October 2011 to June 2013, the operating rate of ethylene equipment in Japan was below 90%
according to local traders, at the beginning of this year, Sumitomo, a Japanese petrochemical production giant, announced that it plans to permanently shut down a large ethylene production plant in Chiba in September 2015. In recent months, the company has begun to gradually reduce the operating rate of the ethylene plant in this plant. Affected by this, Japan's overall ethylene output decreased in March. It is reported that Sumitomo intends to close its ethylene production plant because the current market demand for ethylene and its downstream derivatives in Japan is quietly declining
more devices will be shut down in Japan in the future. Asahi chemical company and Mitsubishi Chemical also issued a statement that they would combine two ethylene production units in Shuidao area (Okayama county) with 2016 as the deadline. Among the 15 ethylene plants in Japan, Mitsubishi Chemical's Kajima plant is scheduled to shut down in 2014, and Sumitomo chemical Chiba will close three production plants. As a result, Japan's domestic ethylene production capacity will drop to less than 6.5 million tons per year. The shutdown of the unit will have a great impact on the supply and demand of naphtha market in Japan. Moreover, more ethylene plants will also face shutdown in the future
the cost advantage of the United States and China is obvious, and the international influence will ferment.
Mr. Yingye Zhao, general manager of China Chemicals of Mitsubishi commercial (China) Co., Ltd., introduced to him that with low-cost raw materials, China, the United States and the Middle East will have a tripartite confrontation in the future. This is also an important factor affecting Japan's ethylene production capacity. According to the industrial plan of a large number of basic research projects related to graphene funded by the National Natural Science Foundation of petrochemical industry in the United States, an ethylene plant with an annual capacity of 10 million tons will be completed and put into operation after 2017
Mr. Yingye also said that China has disclosed the total annual production capacity of olefins in coal chemical projects of tens of millions of tons. According to the data of Mitsubishi Corporation, converted into the output of olefins, the projects that have been put into operation are about 650 tons/year, and the projects under construction are about 13 million tons/year, with a total production capacity of about 20 million tons/year. Other projects may have a total of about 15million tons/year. In addition, according to the annual new plan, the capacity converted into olefins is expected to have more than 7million tons/year units put into operation in 2014. In this way, China's coal chemical industry and the construction of new shale gas ethylene projects in the United States are basically the same
according to the architects, builders and consumers of Yingye Zhaobiao, China's coal chemical industry will have a great impact on Japan's ethylene supply. Some experts predict that by 2018, China's self-sufficiency rate of ethylene raw materials will increase from less than 50% in 2013 to 63%, thanks to the commissioning of coal to olefin projects. As a major exporter of ethylene raw materials in China, Japan will face a reduction in orders for ethylene raw materials in the future. On the other hand, currently, ethylene in Japan is mainly cracked from naphtha. In terms of cost, Chinese coal chemical technology and propane dehydrogenation to olefins also have stronger market competitiveness than naphtha
Hideo Ishikawa, President of Showa Electric Co., Ltd., also believes that the breakthrough in the production of olefins from shale gas in the United States will have a significant impact, and now it is just the beginning. China's coal to olefins will have an impact on the international petrochemical market. Although the operating rate of methanol to olefin project, as one of the core technologies of coal chemical industry, is still relatively low, as more MTO projects and coal to olefin projects are launched in China, it is likely to drive the development of methanol industry and promote the development of China's ethylene industry
Hideo Ishikawa said that Japan's petrochemical industry is experiencing changes in the international petrochemical trade environment. The worldwide demand for ethylene will grow in the future. The development of shale gas in the United States and the rise of coal chemical industry in China are all threats to Japanese petrochemical enterprises. Therefore, the size of the experimental force that the face fixture can withstand is a very important indicator of the fixture. For the changes in the internal and external environment, Japanese petrochemical enterprises should also adopt a strategy of balance, openness and economy
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