Up 25%! PC, bisphenol A expanded production of more than 200,000 tons!
June 14, 2024
Although the recent PC market has been struggling, the market has repeatedly pulled, always stirring the heartstrings of plastic people, but from the perspective of industry profits, the data has significantly improved, not only turning a loss into a profit, but so far this year, the industry profits have also hit a new high since 2019! This also makes the head manufacturers began to be active, this is not, the recent Wanhua chemical website on the continuous release of bisphenol A-PC industry chain expansion related news, attracted the attention of the industry!
Wanhua PC expansion! 25% increase in capacity!
On May 29, Wanhua Chemical Yantai Industrial Park polycarbonate (PC) capacity expansion project environmental impact report draft was released, PC total capacity expanded from 480,000 tons/year to 600,000 tons/year. Raw material and product warehouses, loading and unloading stations and other public auxiliary facilities, environmental protection facilities are based on the existing plant area of Wanhua Chemical.
Bisphenol A and other three major raw materials expanded production!
The first and second phases of Wanhua Chemical's 200,000-ton/year PC project were completed in 2018 and 2021, respectively. In 2019, Wanhua Chemical invested and built an isopropylphenol-acetone-bisphenol A integration project in Yantai to supply raw materials for the PC project, which was completed and put into operation in January 2023.
Just this week, Wanhua Chemical announced the expansion of isopropylbenzene - phenolacetone - bisphenol A integrated device capacity, the latest expansion situation is as follows:
The scale of isopropylbenzene plant increased from 530,000 tons/year to 681,920 tons/year;
The scale of phenol-acetone plant increased from 650,000 tons/year to 780,000 tons/year;
The scale of the bisphenol A plant was increased from 480,000 tons/year to 576,000 tons/year.
With the rapid expansion of the market in recent years, the domestic PC production capacity has reached a high level, the supply side has been saturated, and the industry has entered the era of comprehensive excess. However, with the acceleration of the pace of technological innovation, continued focus on improving product quality and reducing production costs, superimposed upstream raw material prices fell, PC industry profits gradually improved. For example, Wanhua Chemical and other leading manufacturers focus on high-end products to expand production at the right time, which can enhance the core competitiveness of enterprises, and prepare for vigorously exploring the international market.