The 3rd Coal to Olefins Conference will be
held in Beijing in Mid Nov. 2011
In 2010, China imported 7.36 Mt of PE and 3.87 Mt of PP, according to the data
from China Customs, and the ethylene and propylene monomer imports were 820 kt
and 1.52 Mt respectively.
There is huge gap between olefins supply and demand. With the proven technology,
coal-to-olefins becomes the most competitive direction of modern coal chemical.
2011 is first year of coal to olefins commercialization in China. Shenhua Baotou
Coal-to-Polyolefin plant has started commercial operation since Jan.1 2011, and
shows good profitability; Shenhua Ningmei Coal-to-PP plant has produced on-spec
products and supplied to the market since Q2 2011; Datang Duolun Coal-to-PP
plant is expected to start up this year. Under the current prices of oil and
coal, the coal-to-olefins is very competitive. According to the requirements of
authorities, in the next stage, the Coal to Olefins industry will upgrade the
demonstration, including reasonable industrial planning, improving water
consumption and reducing energy consumption, as well as optimizing waste
treatment.
The technology innovation changes the industry. Several energy & chemical giants
initiated the strategy of raw materials diversification. There are more than 20
Coal (or methanol)-to-olefins projects are being carrying out preliminary work
or under construction. Total and China Power Investment Corporation signed an
agreement to set up a joint venture in Ordos, Inner Mongolia for a world-scale
coal-to-polyolefins project. Shenhua and Dow have completed a feasibility study
for their jv of coal to olefins complex in Yulin, Shaanxi. Meanwhile, based on
the situation of methanol overcapacity, in coastal areas of China, investors
like Ningbo Heyuan and Jiangsu Shenghong also have launched the methanol to
olefins projects by outsourcing methanol as feedstock.
With the strategic cooperation of Total Petrochemicals, ASIACHEM will organize
the 3rd COAL-TO-OLEFINS CONFERENCE in Nov.14-15 2011 in Beijing. The conference
will explore the development of olefins and diversification trend of
petrochemical raw materials, coal to olefins policies and industry planning,
updates of large-scale coal-to-olefins projects, complement and competitiveness
between coal to olefins and naphtha cracking, China's coal to olefins commercial
demonstration projects operating data and summary, Coal Chemical Industry Park
Development and utilization of coal-to-olefins by-products, commercial coal to
olefins plant upgrade and optimization, out-purchasing methanol and building MTO
projects in the coastal chemical parks and its downstream industry planning.
úF2011/11/14-15
êFNovotel Peace Hotel Beijing
For more information, please visit:
http://www.chinacoalchem.com/events/2011CTO/CTOChina2011.pdf
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MIIT: Chinafs Propylene Consumption will Reach 28 Mt by 2015
In Feb. 2012, on the official website, Ministry of Industry and Information Technology (MIIT) released gThe Olefin Industry 12th Five Year Planningh, which planned that: during 2011-2015, the solid target is the diversification of olefin feedstock. The target includes: By 2015, China's ethylene capacity to reach 27 Mt/a and propylene capacity to reach 24 Mt/a, and the rate of olefin feedstock diversification over 20%.
The planning estimated that by 2015
Chinafs ethylene production will reach 24.3 Mt and equivalent consumption will
reach 28 Mt.
China Ethylene
Balance (kt)
|
|
Capacity |
Production |
Equivalent Import |
Equivalent Consumption |
|
2005 |
7,575 |
7,555 |
10,295 |
17,850 |
|
2010 |
15,190 |
14,190 |
15,410 |
29,600 |
|
2015E |
27,000 |
24,300 |
13,700 |
38,000 |
Source: MIIT
The planning also estimated that by 2015
Chinafs propylene production will reach 21.6 Mt and equivalent consumption will
reach 28 Mt.
China Propylene
Balance (kt)
|
|
Capacity |
Production |
Equivalent Import |
Equivalent Consumption |
|
2005 |
8,860 |
8,027 |
5,433 |
13,460 |
|
2010 |
15,830 |
13,500 |
8,000 |
21,500 |
|
2015E |
24,000 |
21,600 |
6,400 |
28,000 |
Source: MIIT
The Governmental policies will encourage the import of condensates, light hydrocarbon and other resources, to optimize the structure of the olefin feedstock; based on the rich coal resources and self-developed technologies, to appropriately develop the coal to olefins; and maximized utilize the refinery by-product to produce olefins.
ASIACHEM estimated that, encouraged by policies and driven by market, in the coming years, China's propylene feedstock diversification will face the golden opportunities. The main applied technology will include propane dehydrogenation to propylene (PDH) and methanol to propylene (MTO/MTP); other propylene production enhancing technologies, such as olefin cracking (OCP) and the conversion of olefins (OCU), as well as the fluidized catalytic cracking (FCC) will also be well used.
Under this background, the g2012 Propylene Feedstock Diversification Conferenceh will be held in Shanghai in April. In the upcoming conference, the outlook of propylene industry in 2011-2015, the opportunities and challenges of propylene feedstock diversification, PDH & MTO/MTP projects update, propylene production enhancing technologies, technical and economic analysis of different routes will be focused.
http://www.chinacoalchem.com/events/2012PFD/PFDChina2012.pdf