16 March 2011 07:58 [Source: ICIS news]
SHANGHAI (ICIS)--China’s ethylene output reached 1.25m tonnes in February, a 30.6% year on year increase, according to data from China Petroleum and Chemical Industry Federation (CPCIF) on Wednesday.
The total output for January and February stood at 2.6m tonnes, a 35.8% year-on-year increase, according to the data.
“The ethylene output may continue to increase in China this year," an industry source said in Mandarin.
The source attributed the ethylene output increase to high operating rates of naphtha crackers.
Besides, Saudi Arabia's SABIC and China's Sinopec joint venture 1m tonne/year cracker at Tianjin in North China, was also expected to achieve full productions rate later this year, the source added.
Products?xml:namespace> Feb-2011 Jan-Feb 2011 Output (‘000 % change*YOY Output (‘000 tonnes) % change*YOY tonnes) Crude 15,906 5.3 33,722 5.5 Crude processing 35,215 11.1 72,400 10.9 Naphtha 2,024 14.8 4,130 11.4 Ethylene 1,254 30.6 2,601 35.8 Benzene 469 18.4 962 18.3 PP 848 20.1 1,761 15.5 LDPE 119 -2.5 252 36.2 HDPE 164 43.9 297 29.7 LLDPE 94 19.0 207 31.8 1,439 22.5 2,742 12.7 331 6.4 629 1.6 PVC 937 11.5 1,886 8.5 Synthetic rubber 538 19.8 1,090 18.5 Polyester 930 13.6 1,891 11.9 Fertilizer 4,911 8.9 9,504 6.0
Source: CPCIF
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