As the influence and control of leading companies in the industry has increased significantly, more intense wars have emerged among these companies. With the acceleration of private refining and chemical integration and the development of polyester factory petrochemical integration projects, The start of construction all proves that the big guys in the chemical fiber industry are already working hard!
1. Hainan Yisheng PTA Phase II and many other projects were signed in Yangpu, Hainan
On November 18, the Hainan Free Trade Pilot Zone Construction Project The (Seventh Batch) Signing Ceremony Yangpu branch event was held at the Yangpu Guest House. Seven construction projects were signed on site, with a total investment of 6.9 billion yuan, covering multiple key industries such as high-end manufacturing, petrochemicals, and five network infrastructure.
The projects signed this time are Hainan Yisheng PTA Phase II Project, Carbon Five Carbon Nine Project, and 600,000 tons of Methanol Carbon Four Comprehensive utilization project, Shaanxi Ligong Mechanical and Electrical 10,000-ton airflow forming dust-free paper project, Shaanxi Tianyuan 15,000-ton intelligent remanufacturing project, Yangpu Science and Technology Innovation Park cooperative development project, and Yangpu Power Grid Development Strategic Cooperation Agreement.
Among them, the Hainan Yisheng PTA Phase II project is a key node project in the petrochemical industry, with a total investment of 4.5 billion yuan and an output value of approximately 16 billion yuan. The C5 and C9 project is an ethylene downstream industry project with a total investment of 1.216 billion yuan to build 80,000 tons of C5 separation and 60,000 tons of C9 separation equipment. The 600,000-ton methanol carbon four comprehensive utilization project is an ethylene downstream industry project with a total investment of 606 million yuan to build 450,000-ton methanol-to-propylene, 150,000-ton gas separation unit and other devices.
Shaanxi Ligong Mechanical and Electrical’s 10,000-ton air-forming dust-free paper project, with an investment of 260 million yuan in the first phase, uses air-forming technology to produce high-end paper products and other environmentally friendly products in Yangpu. Shaanxi Tianyuan’s 15,000-ton intelligent remanufacturing project invested 100 million yuan to carry out equipment corrosion and key parts repair business in chemical industry, marine industry, transportation and other industries.
The Yangpu Science and Technology Innovation Park cooperative development project covers an area of 300 acres, focusing on the development of high-tech, technology research and development, transformation of scientific and technological achievements, new international trade and other industries. The Science and Technology Innovation Park is developed and constructed in three phases and attracts investment. In addition, under the Yangpu Power Grid Development Strategic Cooperation Agreement, Hainan Power Grid Company plans to invest 170 million yuan in the construction and transformation of power grids at all levels in the Yangpu area, focusing on the construction of Hainan Refining and Chemical Ethylene 220 kV transmission lines and Yangpu Thermal Power 220 kV transmission lines. Waiting for new construction.
2. Guangxi Tongkun Petrochemical Qinzhou will build new 2.8 million tons/year paraxylene and 600,000 tons/year styrene plants!
Recently, Guangxi Tongkun Petrochemical’s 2.8 million tons/year aromatic hydrocarbon project social stability risk analysis public participation announcement and the 600,000 tons/year crude cracked gas to styrene project environmental impact assessment information ranked first public announcement. The main contents of the two announcements are as follows:
Guangxi Tongkun Petrochemical 2.8 million tons/year aromatics project
The main construction of the project: 3 million tons/year residual oil hydrogenation unit (including fuel oil pretreatment), 5.2 million tons/year hydrocracking unit, 700,000 tons/year liquefied gas separation unit, 4.2 million tons/year continuous Reforming unit (including 1 million tons/year naphtha hydrogenation), 2.8 million tons/year aromatics combined unit, 250,000 cubic meters/hour PSA unit, 250,000 cubic meters/hour coal hydrogen production unit, 3 sets of 100,000 tons/ Annual sulfur recovery device and other main devices, as well as supporting public and auxiliary facilities such as circulating water field, water purification station, 220kV main substation, raw material product tank area, etc. The project uses fuel oil, naphtha, etc. as raw materials. The target product of this project is 2.8 million tons/year of paraxylene, with by-products of benzene, light naphtha, liquefied gas and sulfur.
The project is located in the reclamation land in Sandun area of Qinzhou Petrochemical Industrial Park, covering an area of about 191.83 hectares. The land use is Category III industrial land, and the sea use is about 2.7 hectares (for torches and cross-sea pipelines) Corridor, ultimately based on the area of the sea area use right certificate). As an important link in extending the regional petrochemical industry chain, this project has been included in the overall plan and industrial plan of Guangxi Qinzhou Petrochemical Industrial Park. It provides main raw materials for the development of the downstream chemical fiber industry, while reducing the transportation risks of regional chemicals, increasing employment, and can effectively Promote local economic development.
This project is divided into two plant areas. The main plant area of the aromatics project includes process equipment, storage and transportation facilities, and public engineering facilities. The west plant area includes the air separation station, coal-to-hydrogen production unit, water purification station, and recycling plant of the aromatics project. Water field, the distance between the two factory areas is about 0.7km. In addition to the two plant areas, there are offshore flare facilities and a cross-sea pipeline corridor between the two plant areas.
At present, the feasibility study report of this project has been completed, and the energy assessment, environmental assessment, and stability assessment reports are being prepared. After the above reports are completed, they will be submitted to the National Development and Reform Commission for approval.
Guangxi Tongkun Petrochemical 600,000 tons/year crude cracking gas to styrene project
Project summary: The project plans to invest 2,098.04 million yuan and mainly construct 45 Main units include a 10,000 tons/year hydrocarbon production crude cracking gas unit, a 650,000 tons/year ethylbenzene unit, and a 600,000 tons/year styrene unit, as well as public auxiliary facilities such as a circulating water field and a product tank area.
The accelerated expansion of “leading companies” triggers changes in the industry structure
Since 2017, the country�The polyester raw material market has begun to show signs of a new round of expansion, which has been particularly evident in recent years. In this round of expansion, large leading companies represented by Hengyi and Tongkun have acted as the main force. There are two ways to expand. One is to seize the opportunities of the rising market in a timely manner and accelerate the launch of new projects within the larger framework of the group; the other is to invest in targets that meet the requirements without increasing the total industry volume. Carry out acquisitions and mergers. Hengyi is a typical representative of the latter.
Take Tongkun Group as an example. At present, Tongkun has opened up the large refining and chemical-PX-PTA-polyester filament industry chain; its leading position in polyester filament has been further strengthened. Tongkun shares have been listed for 6 years, and the polyester filament The yarn production capacity has increased by 2.5 times, and the market share has steadily increased. At present, it has formed a production capacity of 1.5 million tons of PTA, 4 million tons of polymerization and 4.5 million tons of polyester filament. The company’s polyester filament production capacity and output market share in 2016 reached 12.5% and 13.8% respectively. %, accounting for 1.5 times that of the second largest company in the industry, ranking first in the world.
In the next three years, the company’s polyester filament production capacity will increase to 16%, forming 3 million tons of PTA (actual production capacity is close to 4 million tons), 6.1 million tons of polyester filament and 20 million tons of Zhejiang Petrochemical. 20% equity interest in Tonda Refining and Chemical Co., Ltd., opening up the PX-PTA-polyester filament industry chain of Tonda Refining Co., Ltd.; further strengthening its leading position in polyester filament yarn. It is understood that the Tongkun Qinzhou Beibu Gulf green petrochemical integrated industrial base project is an important part of the group’s strategic layout and an important manifestation of industrial cooperation and optimization and complementarity between the east and west.
These leading companies that currently have the right to speak in the polyester market have previously extended the industrial chain upwards and deployed PTA, thereby changing the competitive landscape of the global PTA industry. In recent years, such companies have continued to extend the industrial chain upwards and become involved in refining and chemical projects.
In this regard, an industry insider said that under the new situation, leading polyester companies have accelerated their expansion, which actually reflects a significant feature of market competition, that is, in a fully competitive market, talents, Various advantages such as resources are accelerating to be concentrated in large enterprises. Through their continuously increasing comprehensive strength, large enterprises have driven the overall technological progress of the industry and the improvement of product research and development capabilities, and often triggered innovations in industry business models, thereby gradually triggering changes in the domestic and even global industry competition landscape. </p
