Dow Chemical's responsible person said that this year, the global polypropylene (PP) market demand is strong, this momentum will continue in the year, the next 12 months, the global PP market demand is expected to grow 5% to 6%.
According to reports, the unplanned shutdown of some crackers and refineries in the world has reduced the supply of the propylene market. At the same time, the increase in the gross profit of gasoline production has also inhibited the enthusiasm of refiners for propylene production, resulting in a shortage of raw materials for PP production. Up to now, the world has PP capacity of 38.38 million tons per year, mainly in North America, South America, Western Europe, the Middle East, Africa and Asia Pacific.
The American Chemical Market Association (CMAI) pointed out that in the past three years, the operating rate of the global PP plant was higher than 90%, and it is expected that this higher operating rate will continue to be maintained in the next few years, but from 2009 to 2010, with the global With the addition of a new round of PP production capacity, the operating rate will decrease. The demand for the global PP market in the next few years is expected to grow at an average annual rate of 5.5%. Among them, the growth rate of the Indian subcontinent will reach 10% per year, the growth rate in Northeast Asia will be 6% per year, the growth rate in North America will be 4.5% per year, and the growth rate in Western Europe will be 3.3% per year.
According to CMAI, the global new PP production capacity will exceed the growth rate of demand in the next few years, and about 19 million tons/year of new PP production capacity will be put into production before 2010. Among them, the Middle East and Africa will occupy 40% of the new production capacity, and the Asia-Pacific region will occupy about 35%. In North America, there is only one new PP project that Mexico’s Indelpro plans to build a new 350,000-ton/year installation in the country.
According to reports, the unplanned shutdown of some crackers and refineries in the world has reduced the supply of the propylene market. At the same time, the increase in the gross profit of gasoline production has also inhibited the enthusiasm of refiners for propylene production, resulting in a shortage of raw materials for PP production. Up to now, the world has PP capacity of 38.38 million tons per year, mainly in North America, South America, Western Europe, the Middle East, Africa and Asia Pacific.
The American Chemical Market Association (CMAI) pointed out that in the past three years, the operating rate of the global PP plant was higher than 90%, and it is expected that this higher operating rate will continue to be maintained in the next few years, but from 2009 to 2010, with the global With the addition of a new round of PP production capacity, the operating rate will decrease. The demand for the global PP market in the next few years is expected to grow at an average annual rate of 5.5%. Among them, the growth rate of the Indian subcontinent will reach 10% per year, the growth rate in Northeast Asia will be 6% per year, the growth rate in North America will be 4.5% per year, and the growth rate in Western Europe will be 3.3% per year.
According to CMAI, the global new PP production capacity will exceed the growth rate of demand in the next few years, and about 19 million tons/year of new PP production capacity will be put into production before 2010. Among them, the Middle East and Africa will occupy 40% of the new production capacity, and the Asia-Pacific region will occupy about 35%. In North America, there is only one new PP project that Mexico’s Indelpro plans to build a new 350,000-ton/year installation in the country.
Cone To Cone Rewinding Precision Winding Machine
Cone To Cone Bobbin Rewinder Machine,Cone Separating Machinery,Paper Tube Winding Machine,Plastic Bobbin Winding Machinery
Ningbo Yongfu Textile Machinery Co., Ltd. , https://www.yfwinders.com