BDO market needs to seek a new way out

wallpapers Industry 2020-12-09

in recent years, the domestic BDO market bid farewell to the heyday, into the downturn. From the perspective of market price trend in recent years, BDO spot price has fluctuated greatly as early as 2012, and its price fluctuated around 13500 yuan (tonnage, the same below) for nearly one year from 2013 to 2014. However, in April 2014, the market fell again, and the price bottomed out to 8700 yuan for three consecutive months. Since March this year, due to the high level of factory inventory and sufficient supply of goods, the market price has continued to plummet, and the historical low point has been renewed again. According to chemical online statistics, BDO price dropped from 9850 yuan / ton in early March 2015 to 8100 yuan / ton on May 5, with a total decline of 17.8%. As an important organic and fine chemical raw materials,

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1,4-butanediol (BDO) are widely used in chemical industry, textile, automobile and medicine. In recent years, due to the abundant calcium carbide resources in China and the increasing demand for BDO products, enterprises and investors have begun to build a large number of new BDO units by alkynaldehyde method. With the commissioning of these new units, the problem of overcapacity in China gradually appears. By the end of 2014, the annual production capacity of BDO production units in China was about 1.4 million tons, while the apparent consumption was only about 600000 tons. According to incomplete statistics, 1.3 million tons of production capacity will still be put into production in 2015, nearly double the existing capacity, and the excess capacity will be further intensified. In terms of import and export of

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, at present, the main international production route of BDO is maleic anhydride method. The BDO products produced by this method have high quality, low water content and low investment, which comply with the requirements of environmental protection. At the same time, it can also produce tetrahydrofuran (THF) and gamma butyrolactone (GBL), which has high recognition in the international market. However, the BDO produced in China mostly adopts alkynaldehyde method. The product quality obtained by this method is relatively poor, and its acceptance in foreign market is low. Although the domestic market is oversupplied, the export volume is very small, which can be almost ignored. The main export enterprises are Shanxi sanwei group and Xinjiang Meike chemical Industry Co., Ltd. Therefore, it is very difficult for BDO produced in China to go abroad. In addition, since December 25, 2014, China has stopped imposing anti-dumping duties on imports of 1,4-butanediol from Saudi Arabia and Taiwan, which undoubtedly worsens the BDO market. Foreign manufacturers will flood a large number of BDO products into China, and these overseas sources will have more obvious advantages to impact the mainland market of China. The domestic BDO market competition will be more intense, and the market situation will be difficult to improve.

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to sum up, at present, China's BDO market is under pressure from many parties, and it needs to find a new way out. On the one hand, overcapacity is constantly squeezing the profits of acetylene aldehyde production enterprises. On the other hand, the global BDO production process is mainly controlled by German BASF, American ISP and INVISTA, UK Davy, Japan Mitsubishi, Taiwan Dalian and other enterprises. In addition to Shanxi sanwei Chemical Co., Ltd., most other manufacturers in China purchase production technology from abroad. The author suggests that Chinese enterprises should make great efforts to innovate, improve the existing process routes, and develop new downstream products and processes of BDO industry. At the same time, the government should control the construction of alkyne aldehyde method project, and publicize and support the new construction of oil route maleic anhydride process project, so as to fill the blank of BDO high-end market in China and improve the fierce competition in the low-end market.


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