In 2011, the Japanese petrochemical industry launched a campaign to improve the competition, which can also help extend the shelf life of food, provide product information and show brand image, and make it more convenient for consumers to use it normally. Competition
in adversity and the imbalance of market supply and demand structure, the Japanese petrochemical industry is taking positive actions to adjust its business and product structure in order to improve economic efficiency
ethylene cracking: integrate and increase functional products
in 2009, Japan's domestic ethylene production was 6.91 million tons, a slight increase over the previous year, but it was still lower than 7million tons for the second consecutive year. In the first half of 2010, the operating rate of petrochemical plants in Japan continued to remain high, with ethylene production reaching 3.35 million tons, an increase of 6% year-on-year, which is also the highest level in recent three years; However, in the second half of the year, due to the new large-scale petrochemical plants in the Middle East, including Saudi Arabia, being put into operation on schedule, a large number of petrochemical products from the Middle East poured into the Asian market, which affected the ethylene production in Japan
in the medium term, Japan's petrochemical industry may return to difficulties. In order to build a stable profit structure, it is imperative for the Japanese petrochemical industry to adopt the strategy of optimizing the structure and increasing differentiated functional products
Mitsui chemical and Chuguang Xingchan conducted limited cooperation in April last year to integrate their ethylene production capacity of 1million tons/year, which needs to be modified and verified repeatedly in the process of Chiba region. Their next stage of action will involve the optimization of oil refining business. Mitsubishi Chemical and Asahi nitrate will also integrate their water island cracking unit to handle basic chemicals business from April 1, 2011
in addition to integrating the ethylene cracking business, Nippon petrochemical company also decided not to produce general-purpose products, but to turn to special ethylene derivatives such as electronic materials. The competition of general petrochemical products in the international market tends to be white hot, which is the main reason why Japanese petrochemical companies give up general petrochemical products. Mitsubishi Chemical is shutting down its uncompetitive polypropylene production plant and gradually withdrawing from styrene and PVC related businesses; Mitsui chemical closed an ethylene glycol production line in its factory in Shiyuan city and built a new 1-hexene production line. This is because ethylene glycol has become a general petrochemical product, and the economic added value is far less than that of 1-hexene; Showa Electric is also readjusting its business
aromatics: the reduction of crude oil processing endangers the supply of products
the Japan aromatics Industry Association said that the sales of benzene, toluene and xylene in the country in 2010 should match the size of bolts used for reaming holes, which was basically the same as that of holes in 009, and remained at about 10.17 million tons. Among them, the sales volume of benzene was lower than that in 2009, mainly due to the reduction in demand caused by the decline in the production of styrene monomer, which was partially compensated by the strong recovery in toluene demand and the growth in xylene demand
a key factor affecting the Asian aromatics market is whether the growth rate of China's market demand can exceed the growth rate of aromatics production in China and the Middle East. According to the prediction of the Ministry of economy, trade and industry of Japan on the global aromatic hydrocarbon demand, the world aromatic hydrocarbon market demand and supply will remain balanced before 2014. If the balance cannot be maintained, Nippon Petrochemical Company will face severe market challenges
however, an analysis by the refining Research Association predicts that there will be a shortage of toluene and xylene in fiscal year 2013. This conclusion is based on two factors: the decline in oil demand and the commissioning of overseas large petrochemical plants. The shortage of toluene supply can be controlled and adjusted by adjusting the import and export quantity
JX new Japan Petroleum Energy Company has clearly stated that it will expand its overseas paraxylene business as a growth strategy, and decided to do everything possible to ensure the raw materials required for its 2.62 million tons/year paraxylene production plant
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