China posts stable growth in chemical outputs for February

21 March 2012 06:29  [Source: ICIS news]

SINGAPORE (ICIS)--China posted stable growth in its petrochemical output in February, with its methanol, acetic acid and fertilizer outputs increasing by 30.9%, 20.9% and 22.8% year on year, respectively, according to data from the China Petroleum and Chemical Industry Federation (CPCIF) on Wednesday.

The country’s domestic crude output reached 16.3m tonnes in February, an increase of 1.6% year on year.

China’s crude output totalled around 34m tonnes for January and February, a decrease of 1.1% year on year, according to the data.

Its crude processing output rose by 3.9% year on year in February to 36.9m tonnes and totalled 76.5m tonnes in the first two months of the year, the data showed.

China’s benzene output increased by 6.6% year on year to 486,000 tonnes in February and totalled 1m tonnes for January and February, a year-on-year increase of 9%.

Products

Feb 2012

Jan-Feb 2012

Output (‘000

% change*YOY

Output (‘000 tonnes)

% change*YOY

tonnes)

Crude

16,324

1.6

33,687

-1.1

Crude processing

36,864

3.9

76,538

4

Natural Gas

10.86(bn cbm)

10.0

21.85(bn cbm)

6.8

Gasoline

6,922

8.6

14,372

8.3

Diesel

13,893

4.4

28,687

4.5

Naphtha

2,298

0.7

4,649

-0.3

Ethylene

1,277

1.2

2,640

0.7

Benzene

486

6.6

1,003

9

PE

801

-3.6

1,693

-2.7

PP

913

13.8

1,831

9.8

Methanol

2,125

30.9

3,866

23.9

Acetic acid

398

20.9

766

22.1

PVC

1,072

2.3

2,163

3.3

Polyester

931

15.4

1,851

12.4

Fertilizer

5,802

22.8

10,934

19.9


By: Dolly Wu
+65 6780 4359



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index