PRODUCT LISTS
| Coal chemical industry to change the pattern of po |
| Polypropylene (PP) is the second largest consumer of synthetic resin in china. The polypropylene industry as a whole presents "two strong hegemony" pattern, due to the upstream of an oligopoly industry, presenting with Sinopec, PetroChina, CNOOC, private, joint ventures and the coal chemical industry enterprise, supplemented by competition; while the downstream is highly fragmented, belongs to the perfectly competitive industry, the lack of pricing power. "Because the upstream for the oligopoly industry, the basic pricing power is concentrated in the oil, Sinopec and other upstream suppliers, the petrochemical manufacturers policy guidance on the price trend has a great impact." Li Nanjing, general manager of the Polytron Technologies Inc, said the blonde. But in recent years due to coal to olefins plant continue to expand production of the current pricing system caused some impact, although short-term petrochemical factory pricing is still the market price of the benchmark, but in the long run, the pattern of "two strong hegemony" will shift to the "three pillars". According to Li Nanjing introduction, in 2013 the production of polypropylene according to the nature of the enterprise statistics, the highest proportion of Sinopec, accounting for about 50% of the total capacity of the country, and the remaining part of the world's oil and other companies by almost half. Late, the national energy strategy to "coal oil" as the dominant, coal to olefins project will continue to be put into operation, Sinopec, the monopoly of the oil will gradually be challenged. 2014-2015 is still the peak of the polypropylene unit of capacity expansion, Sinopec and PetroChina expansion rate gradually weakened, and coal to olefins, joint venture and local large enterprises capacity of the device and the sudden emergence of a capacity expansion force. Estimated that by 2015, the private and joint ventures accounted for more than 50% of production, Sinopec and the oil monopoly was broken, the supply was diversified pattern. Deputy general manager of zhuochuang Information Co. Ltd. Cui Kezeng agrees. In addition, he believes that the impact of coal to olefins on the whole situation of the competition of polypropylene. "Polypropylene device in the field of coal chemical industry has a very distinctive features, is polypropylene variety is complete, relevant enterprises because of the huge investment, for the pursuit of competitive advantage, in terms of downstream products pursuit and supporting the construction, which makes coal chemical enterprises in polypropylene collar domain products segment with a certain competitive advantage. In terms of price, in the past basically to quality products for pricing, and now to take into account the price of coal to olefins, to some extent, the coal to olefins will pull down the entire polyolefin market price level." |