China's PX capacity ranks first in the world

wallpapers Industry 2020-12-09
China's PX (p-xylene) production capacity ranks first in the world, accounting for 30.8% of the world.

China has become the world's most important petrochemical production country and the largest petrochemical consumer market. In 2014, the total output value of China's petrochemical industry exceeded 13.02 trillion yuan, ranking second in the world; refining capacity and ethylene production capacity ranked second only to the United States, and also ranked second in the world; the production capacity of synthetic resin, synthetic rubber and synthetic fiber accounted for 34.4% of the world's total, and most products ranked the top three in the world.

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include Propylene, butadiene, toluene, benzene, PX and other petrochemical products and synthetic materials. China's petrochemical industry has an overall overcapacity. According to statistics, from 2013 to 2014, Asia's PX production capacity increased from less than 30 million tons to 40 million tons, of which the supply of China's PX projects was about 31.1 million tons, while the demand was about 29.17 million tons, and nearly 2 million tons of PX had been oversupplied.


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