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Phthalic Anhydride Production and Market Overview ITA Conference Prague, 2017 1

Chinese Phthalic Anhydride Production and Market overvie · Conclusion Global PA market to grow by 2024 China Naphthalene price downward trend Rapid growth of PA capacity in China

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Phthalic Anhydride

Production and Market

Overview

ITA Conference Prague, 2017

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Global Phthalic Anhydride

Applications, Percentage, 2016

2

Global Phthalic Anhydride

End-Use Industries, Percentage, 2016

3

Phthalic Anhydride Regional

Consumption, Percentage, 2016

4

Chinese Naphthalene Output

(2014 – July 2017)

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Chinese Naphthalene Downstream

Consumption (2013 – 2016)

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Chinese Naphthalene Pricing

(July 2010 – July 2017)

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Chinese Naphthalene and SNF

Pricing (2015 – July 2017)

8

Chinese Naphthalene and PA

Pricing (2015 – July 2017)

9

Chinese PA Output and

Operating Rate, (2014 – 2017)

10

Chinese PA Production Capacity

by 2016 (Unit: KT)

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Naphthalene-based PA

New Capacity

Region Manufacturers Name Capacity Note

Liaoning Panjin Ruide Chemical 100 By end of 2017

Hebei Tangshan Risun Chemical 40 By middle of 2018

Hebei Tangshan Baotei Chemical 40 Modified from Maleic Anhydride Production

Hebei Handan Xinbao Coal Chemical 40 By beginning of 2018

Shanxi Shanxi Sanwei Haoxin 40 Modified from Maleic Anhydride Production

Shandong Shandong Hongxin Chemical 40 Modified from Maleic Anhydride Production

Shandong Weifang Yuanli Chemical 40 Waiting for Operating

Henan Henan Qirui biotechnology 40 By end of 2017

Zhejiang Yixing Sanmu Group 20 Modified from Ortho Xylene Processing

Anhui Tongling Chemical Group 20 Modified from Ortho Xylene Processing

Total 420

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Price Comparison of O-Xylene and

Naphthalene

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O-Xylene PA and Naphthalene PA

Price Comparison

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Chinese PA Customs Data

(2011 – 2017)

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Chinese PA Export (2011 – 2017) 16

Chinese PA Export by Countries

(Jan – Jul, 2017)

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Global PA Import and Export

Balance (2016, kMT)

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Conclusion

❖ Global PA market to grow by 2024

❖ China Naphthalene price downward trend

❖ Rapid growth of PA capacity in China

❖ Low operating rate of PA production in China

❖ PA new capacity count on Naphthalene

❖ China: PA net import but volume decrease

❖ China: Start to expand PA export

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Thank you for your attention!

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