18 April 2013 10:21 [Source: ICIS news]
SINGAPORE (ICIS)--China's coal-to-olefins (CTO) production capacity is expected to grow to 19.1m tonnes/year in 2017, surging from 2.7m tonnes/year in 2013, with as many as 34 new projects being planned or under construction by 2018, an industry analyst said on Thursday.
"Encouraged by the successful operation of commercial demonstration projects, many CTO plants are being planned or under construction in China," said Orchid Yang, deputy director at Research Institute of Industry Economics, China National Chemical Information Centre.
"If these projects come on stream as scheduled, total [production] capacity of CTO will reach 15m tonnes/year in 2015," he said.
Yang was speaking at the day-long China Petrochemical Industry Conference in Singapore.
The capacity of polyethylene (PE) produced from CTO, meanwhile, will grow to 7m tonnes/year in 2017 from 400,000 tonnes/year in 2013, according to Yang.
"PE from CTO will play an important role in China's PE industry," she said.
The production capacity of polypropylene (PP) from CTO will reach 9.77m tonnes/year in 2017, up from 1.76m tonnes/year in 2013, Yang said.
"In the next three to five years,…PP from CTO will probably take the place of PP imports," she added.
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