China set for aromatics expansion

Aromatics, China, Fibre Intermediates, Markets, South Korea

By Malini Hariharan

China is preparing to bring onstream huge capacities for aromatics this year.

Nearly 1.7m tonnes/year of  toluene capacity is due to be added, writes Dolly Wu in the latest issue of ICIS Chemical Business.

The major projects to keep an eye on are Dragon Aromatics (350kta), Jilin Petrochemical (350kt), PetroChina Sichuan Petrochemical (280kts) and Jiujiang (250kta).

Some of the toluene will be utilised captively at new toluene disproportination (TDP) plants to feed the country’s booming demand for paraxylene (PX). TDP and hydroalkylation (HDA) applications accounted for 44% of toluene demand in 2011.

Additional toluene supply means that import volumes are likely to remain stable at around 600,000 tonnes. Demand for the full year is projected to hit 7.4m tonnes, up from nearly 6m tonnes in 2011.

Toluene demand for gasoline blending, the highlight of the local market for the last couple of years, will remain strong. But volumes are not projected to rise significantly, given ready availability of alternatives such as MTBE and mixed xylenes (MX).

China is already self sufficient in benzene and is heading in the same direction for toluene.


Morgan Stanley Bullish Again


By John Richardson MORGAN Stanley has once again produced a very bullish forecas...

Learn more

Weak margins hit earnings


By Malini Hariharan It is the results season and numbers posted so far confirm t...

Learn more
More posts
Making all the stuff the world needs in sustainable ways is our defining challenge

By John Richardson YOU ARE a global petrochemicals producer either headquartered in Europe or with m...

China’s petchems market rally: we don’t have enough data to decide whether it is sustainable

By John Richardson CHINA’S PETROCHEMICAL prices typically increase when the Lunar New Year (LNY) h...

China PX imports could fall by 64% in 2021 with styrene imports 59% lower

By John Richardson AS OF yesterday, around 70% of US paraxylene capacity was offline. No less than 6...

China’s PP imports in 2021 could fall by as much as 53% over last year

By John Richardson TODAY I get closer to completing my outlooks for China’s petrochemical and poly...

China slowdown may be the biggest petchem event in H1, not US and European tight supply

By John Richardson I SUSPECT that the bigger story for the global petrochemicals industry in H1 may ...

China’s ethylene glycols imports could decline by 45% in 2021

By John Richardson LET ME start with the good news first. As with the global polyethylene (PE) and p...

China’s polyethylene imports set to remain very strong in 2021

By John Richardson DEMAND, as I discussed on 11 February, will not be a problem for the global polye...

Petrochemicals and demand: a deer caught in the headlights

By John Richardson THE THING is, as I discussed in my 9 February blog post, we simply do not have ou...


Market Intelligence

ICIS provides market intelligence that help businesses in the energy, petrochemical and fertilizer industries.

Learn more


Across the globe, ICIS consultants provide detailed analysis and forecasting for the petrochemical, energy and fertilizer markets.

Learn more

Specialist Services

Find out more about how our specialist consulting services, events, conferences and training courses can help your teams.

Learn more

ICIS Insight

From our news service to our thought-leadership content, ICIS experts bring you the latest news and insight, when you need it.

Learn more