2020 PVC report market journal

On January 16, 2020, the evening announcement of Chlor-Alkali Chemicals stated that the company and the company’s controlling shareholder Shanghai Huayi (Group) Company (hereinafter referred to as “Shanghai Huayi”) intend to invest in Guangxi in cash in proportion to equity (60:40). Huayi Chlor-Alkali Chemical Co., Ltd. (hereinafter referred to as "Guangxi Chlor-Alkali Company") increased its capital. Among them, the company increased its capital by 821 million yuan, and Shanghai Huayi increased its capital by 547 million yuan.

  Chlor-Alkali Chemicals stated that the Guangxi Chlor-Alkali Company's investment in the construction of 300,000 tons/year caustic soda and 400,000 tons/year polyvinyl chloride projects requires a large amount of construction capital. The shareholders of both parties intend to increase their capital. This capital increase can provide important financial support for the construction and development of the project and ensure the smooth development of the project. After the investment in this project is completed, there may be new connected transactions with the company's controlling shareholder Shanghai Huayi due to the needs of daily production and operation.

On January 16, 2020, the National Development and Reform Commission and the Ministry of Ecology and Environment announced the "Opinions on Further Strengthening the Control of Plastic Pollution", which further explained the prohibition and restriction of the production and sales of some plastic products. Longzhong Information observes that this "plastic ban" mainly targets the prohibition and restriction of non-degradable disposable plastic products, and the scope focuses on emerging fields that have developed rapidly in recent years, such as e-commerce, express delivery, takeaway, and hotel industries. The raw materials of disposable plastic products in the field mainly involve the product models of PE, PP, PVC, and PS for packaging and daily use. Solutions to the demand gap after the ban on disposable plastic products, such as the recycling of biodegradable plastics and disposable plastic products, are both a relatively long-term project. In the short term, it may be difficult to replace traditional plastics on a large scale. Standards, policies, supervision and other aspects have increased their support.

On September 25, 2020, the Ministry of Commerce issued Announcement No. 40 of 2020, deciding to conduct anti-dumping investigations on imports of PVC originating in the United States from now on. The English name of the product is Polyvinyl Chloride (PVC), which belongs to the "Import and Export Tariff of the People's Republic of China": 39041090. This investigation should normally be completed before September 25, 2021, and can be extended to March 25, 2022 under special circumstances. On October 14, 2020, the Ministry of Commerce initiated an anti-subsidy investigation on imported polyvinyl chloride originating in the United States. The subsidy investigation period determined in this investigation is from January 1, 2019 to December 31, 2019. Industrial damage investigation The period is from January 1, 2016 to December 31, 2019.

As the United States continues to expand its production capacity and its output continues to increase, its export volume will still lead global exports. With its superior price advantage, if allowed to flow into the domestic market, it will not be conducive to the optimization of the existing domestic industrial structure, especially my country's excessive reliance on high costs The petroleum product industry chain also has a certain impact on the current development of the coal deep processing industry.

On the afternoon of May 24, 2020, the last set of high-performance resin project of Sino-Thai Chemical Turpan City Tuokexun County, which was constructed by China Chemical Engineering Eleventh Construction Co., Ltd.-100,000 tons of paste resin equipment was successfully put into use at one time. The production of qualified products indicates that all devices of the project have entered the formal production stage.

   Zhongtai Chemical Toksun County Nenghua High Performance Resin Project, the construction scale is an annual production capacity of 200,000 tons of bulk PVC resin plant, 100,000 tons of paste resin and viscosity reducing resin six sets of equipment. As the main combat unit, the 11th Chemical Construction of China undertook 5 sets of acetylene, salt evaporation, VCM, body method PVC, paste resin, pipe welding capacity of 1 million dyne, steel structure 14,000 tons, and equipment installation of 2,290 units. More than 50 sets of standard production, 4700 kilometers of cable radiation, 140,000 cubic meters of concrete poured. Since the start of the project, under the leadership of the Xinjiang branch manager and project manager Zhao Yongxiang, scientific management and careful organization, the peak period of participating staff reached more than 2,000. Everyone braved the high temperature of nearly 50 degrees and the heat of minus 20 degrees. In the severe cold and windy weather, we have overcome many difficulties and overcome one engineering difficulty after another. With one heart and one mind, we worked hard and completed the smooth commissioning of the other four devices except the paste resin device on November 12, 2019.

On September 28, 2020, the second phase of the PVC project of Qingdao Gulf Chemical Co., Ltd. was completed. The product quality reached the top grade, and the commissioning and commissioning was successful.

   Gulf Chemical's PVC Phase II project introduced international advanced technology to produce suspension PVC resin. The project has an investment of 1.4 billion yuan and construction began in December 2018, which lasted more than one year. After reaching production capacity, the annual sales revenue can be increased by 2.5 billion yuan, and the profit and tax will be over 100 million yuan.

Based on the first phase of the device, after digestion, absorption and innovation, a number of technical improvements have been implemented, and the level of the device has been further improved. It has the characteristics of high safety, strong stability, energy saving, and low consumption. The product quality has advanced into the high-end market .

   After the second phase of Gulf Chemical's PVC project is put into operation, the production capacity will reach 800,000 tons per year, which will make it the top spot in domestic ethylene-based PVC, laying a solid foundation for the company's 2021 operating income of over 10 billion yuan.

Ordos Shuangxin Chemical Industry Co., Ltd. with an annual output of 525,000 tons of calcium carbide project is located in the Mengxi High-tech Industrial Park, Etuoke Banner, with a total investment of 990 million yuan. The project uses lime and blue carbon as raw materials to produce calcium carbide, and calcium carbide is mainly used for production PVC, the remaining small amount is used to produce vinyl acetate, lime nitrogen and other products; using calcium carbide tail gas as raw material, through a series of purification processes to produce ethylene glycol, also known as "glycol", is an important bulk organic chemical raw material. It is widely used to make polyester. It is processed into polyester fiber (commonly known as polyester) together with PTA. It can also be used as raw materials for polyurethane, antifreeze, film, rubber, plasticizer, desiccant, brake fluid, etc. Construction of the project started in April this year. At present, some equipment has been ordered, and civil engineering and other projects are being implemented, with a total investment of 190 million yuan. After the project is put into operation, it will achieve an annual sales income of 1.26 billion yuan, a profit of 150 million yuan, and more than 800 new jobs. It will become an important component of the circular economy industrial chain of Shuangxin Energy and Chemical Group and a new economic growth point. It will also promote Shuangxin Group to become a demonstration enterprise in the industry for comprehensive utilization, energy saving and consumption reduction, and clean production.