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Shenhua New Materials will present at Asiachem’s 2nd High-end Polyolefins Conference

2017-06-06

ASIACHEM’s study shows that in 2016, China’s apparent consumptions of polyethylene (PE) and polypropylene (PP) were nearly 24 Mt and 21 Mt respectively. Meanwhile, China's PE and PP capacities were about 17 Mt/a and 22 Mt/a. Meanwhile, polyolefins, especially the high-end products, need to be imported largely, and to develop high-end products will be the inevitable way for China by 2020.


At the end of 2015, the Central Government presented reform of supply side. ASIACHEM believes that the polyolefin industrial upgrading could be realized by increase of high-end capacity, which is an important concept of reform of supply side in petrochemical industries. On the one hand, the total production of polyolefin will increase significantly in 2017-2020, due to the rapid development of refining & chemical complex, coal to olefins (CTO) and propane dehydrogenation (PDH) and potential ethane cracking projects, and the gap between supply and demand will be greatly reduced. On the other hand, the domestic high-end grades are serious shortage of supply, and the technologies and capacities of high-end polyolefin still have a huge room for development.


Shenhua (Beijing) new material technology Co., Ltd founded in 2015, belonging to the central enterprises Shenhua Group. Based on the needs of global customers, company focuses on markets and applications development of green coal-based materials and functional polymers. We have green building, low carbon energy, clean coal, lightweight cars, and more. Shenhua (Beijing) new material technology Co., Ltd has national “Thousand Talents” Program expert team, to build a supplier of advanced materials and innovation technology with global impact. The ultimate goal of the company is providing "High quality products".


2nd China High-End Polyolefin Technologies & Market Conference 2017 will be organized by ASIACHEM in 29-30 Jun. in Suzhou. The executive from Shenhua (Beijing) new material will deliver a presentation: High-end Polyolefins in China – products & market perspectives.


2017第二届中国高端聚烯烃市场与技术研讨会2nd China High-End Polyolefin Technologies & Market Conference 2017_页面_1.png