China’s acetic acid output surges 26% in Dec 2007

18 February 2008 09:48  [Source: ICIS news]

SHANGHAI (ICIS news)--China’s glacial acetic acid output in December 2007 went up 26% year on year to 161,000 tonnes, while total output for the year increased 13.2% to 1.63bn tonnes over 2006, a source from the China Petroleum and Chemical Industry Association (CPCIA) said on Monday.

 

The growing production was attributed to expanding capacities such as Celanese’s 600,000 tonne/year plant at Nanjing coming on stream in April 2007.

 

Methanol registered an annual increase of 41.9% of output to 10.76bn tonnes in 2007 due to brisk downstream demand last year. Traders were bullish that prices would continue to climb.

 

In December 2007, caprolactam output was up 20.8% compared with the same month a year ago as larger manufacturers ran normal operations.

 

For the full year, caprolactam output was 3% higher than 2006 thanks to good demand but turnarounds and shutdowns had somewhat limited the upside.

 

China petrochemical output, 2007

Products	Dec-07		Jan-Dec 2007
	Output (‘000 tonnes)	% change*	Output (‘000 tonnes)	% change*
Inorganic chemicals
Sulphuric acid	4,460	7.6	53,907	12.1
Nitric acid	163	-6.5	2,009	13.1
Hydrochloric acid	702	6.5	7,476	5.2
Caustic soda	1,610	13.5	17,593	17.0
Calcium carbide	1,345	8.9	14,819	18.4
Organic chemicals
Ethylene	889	0.4	10,477	12.6
Benzene	351	7.7	4,058	16.7
Methanol	933	18.5	10,764	41.9
Glacial acetic acid	161	26	1,628	13.2
Synthetic material
Synthetic resin and co-polymer	2,760	12.4	30,736	18.5
- Polyvinyl chloride	880	17.9	9,717	19.8
- Polyethylene	582	3.2	6,925	16.1
- Polypropylene	655	15	7,127	21.7
Polybutadiene rubber	40	0.8	438	-3.2
Caprolactam	27	20.8	299	3.0
Polyester	939	19.2	10,244	19.5
Chemical fibre	2,197	6.4	23,889	18.0
- Polyamide fibre	79	-4.0	951	14.9
- Polyester fibre	1,797	8.3	19,177	18.8
- Acrylic fibre	60	-13.7	822	0.7
- PP fibre	21	-35.3	225	-8.8
Fertilizer	5,131	-3.8	56,961	10.2
Plastic products	3,229	8.8	33,023	14.5

Judith Wang contributed to this article

 

By: Alfred Wong
+65 6780 4356

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