China’s ethylene output falls by 1.3% year on year in November

26 December 2012 09:37  [Source: ICIS news]

SINGAPORE (ICIS)--China’s ethylene output in November decreased by 1.3% year on year to 1.298m tonnes, and naphtha output also declined, according to official data from the China Petroleum and Chemical Industry Association (CPCIA) on Wednesday.

As the country with the biggest ethylene output, China will see an increase in ethylene capacity in the next five years.

Some plants were started up in the third or fourth quarter of this year. Daqing Petrochemical started up its 600,000 tonne/year naphtha cracker in early October, and Fushun Petrochemical started up its 800,000 tonne/year cracker in late September. However, the actual output from these new plants will only be achieved in 2013, according to Chemease, an ICIS service in China.

Crude processing volume reached 41.6m tonnes in November, up by 9.1% year on year, and the total volume from January to November was 424.6m tonnes, up by 3.2% year on year, according to data from CPCIA.

Naphtha output in November declined by 4.1% year on year to 2.36m tonnes, while the total output during January to November reached 25.5m tonnes, down by 2.2% year on year.

Table 1. China’s production data

Products

Nov 2012

Jan-Nov 2012

Output (‘000

tonnes)

% change year-on-year

Output (‘000 tonnes)

% change year-on-year

Crude

17,391

6.4

189,500

1.8

Crude processing

41,612

9.1

424,610

3.2

Natural Gas (bn cbm)

9.80

11.8

96.49

6.9

Gasoline

8,036

15.7

81,431

9.8

Diesel

14,893

5.0

155,714

2.3

Naphtha

2,358

-4.1

25,502

-2.2

Ethylene

1,298

-1.3

13,551

-2.6

Benzene

596

-13.2

6,006

-2.6

PE

917

2.4

9,338

1.0

PP

1,007

12.5

10,147

13.5

Methanol

2,356

25.6

24,380

19.1

Acetic acid

362

-3.5

3,929

1.9

PVC

1,089

-3.8

12,040

2.0

Polysilicon

6.5

-35.8

108.2

0.5

Fertilizer

6,108

18.7

68,636

13.4

(Source: CPCIA)


By: Dolly Wu
+65 6780 4359



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