RIM Market News >  Asian Viewpoints

China’s plan for PTA production facilities until 2022

2019/03/01 12:00

China, Taiwan, South Korea, Thailand and Indonesia are main producers for purified terephthalic acid (PTA) in Asia. Of these, China accounts for 61% of the total production capacity in Asia, while the production shares in Taiwan and South Korea combined are 28%. China is still the world's largest producer and consumer for PTA. In China, new production facilities in China increased gradually from 2012. A total of 23 PTA companies in China have a combined capacity of 49.61 mil mt/year in 2018, up 7.81% from the previous year. The production capacity in the country is expected to increase by a further 22.80 mil mt/year by 2020.

 

PTA facilities until 2018

China PTA production capacity (unit10,000mt/year

Company name

Location

Capacity

Yizheng huaqian

Yizheng

100

sinopec

Shanghai

40

Yangzi PC

Nanjing

135

Jiangyinhanbang

Jiangyin

280

Yishenghainan

Hainan

220

Tongkunjiaxing

Jiaxing

370

Ningbo liwan(Ningbo mitsubishi)

Ningbo

70

Zhejiang yisheng

Ningbo

550

sanfangxianghailun

Jiangsu

240

fujianjialong

Shishi

60

yadong PC

Shanghai

75

 

jiangsuhonggang

Jiangsu

150

 

FCFC ningbo

Ningbo

120

 

sinopec tianjin

Tianjin

34

 

sinopec luoyang

Luoyang

32.5

 

petro china liaoyang

Liaoyang

80

 

Yisheng dahua

Dalian

595

 

petro china wulumuqi

Wulumuqi

9

 

chongqingpengwei

Chongqing

90

 

xianglu

Xiamen

615

 

zhuhai BP

Zhuhai

295

 

hengli

Dalian

660

 

huabin(yuandong)

Shaoxing

140

 

 

 

Chinas new PTA production plans (unit, 10,000mt/year)

Company name

locations

capacity

Start of operations

sichuanshengda

sichuannanchong

100

Q1 in 2019

xinfengming

zhejiangjiaxing

220

Dec, 2019

lanshandunhe

xinjiang

60

2019

dalianhengli

liangning

250

End of 2019

ningbo yisheng

zhejiang

330

Jan, 2020

fujianbaihong

fujian

240

Apr, 2020

ningxiabaota

ningxia

120

2020

honggang

liaoning

250

2020

FCFCningbo

zhejiang

150

Dec, 2020

zhongtaikunyu

xinjiang

120

Dec, 2020

huabin

zhejiang

220

Dec, 2021

 

 

Shanghai : Energy Desk  Kin Setsubai   +86-21-5111-3575
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