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8 Pages

Lifting the lid on China's styrene industry. Why can't it reach its production potential?


Lifting the lid on China's styrene industry. Why can't it reach its production potential?

Report summary

The biggest styrene industry in the world is only able to operate at an average capacity utilization in the low-70s percent, having profound implications for China's styrene balance and worldwide monomer trade. What holds it back?


What's included?

This report includes 1 file(s)

  • Lifting the lid on China's styrene industry. Why can't it reach its production potential? PDF - 299.60 KB 8 Pages, 0 Tables, 8 Figures

Description

This Chemical Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues of this topic, this report gives you an alternative point of view to help inform your decision making.

With years of experience in the chemical markets industry, Wood Mackenzie is a trusted global leader with a reputation for producing consistently reliable information.

Our senior analysts are based in the markets they analyse. They use detailed research data to forecast, benchmark and recognise trends that will help both new and existing participants identify opportunities and avoid risks.

  • Introduction
  • China - the world's most important styrene monomer market
  • China's styrene industry structure
  • Ownership and competitiveness diversify as capacity expands
  • China's unique benzene pricing mechanism has kept swing producers alive
  • Ethylene availability and price are the main constraints on utilisation rates
  • Conclusions

In this report there are 8 tables or charts, including:

  • Introduction
  • China - the world's most important styrene monomer market
    • Projected Growth in Global Styrene Consumption
  • China's styrene industry structure
    • Number of Chinese Styrene Producers by Scale (KT)
    • China Styrene Industry Integration to Ethylene
    • China Styrene Capacity Growth
    • Average Styrene Plant Capacity in China
  • Ownership and competitiveness diversify as capacity expands
    • Structure of Chinese Styrene Industry
  • China's unique benzene pricing mechanism has kept swing producers alive
    • China Benzene Supply
  • Ethylene availability and price are the main constraints on utilisation rates
    • Styrene Cost Comparison, 2014
  • Conclusions
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