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

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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 contains

  • Document

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

    PDF 299.60 KB

Table of contents

  • 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

Tables and charts

This report includes 8 images and tables including:

Images

  • Projected Growth in Global Styrene Consumption
  • Number of Chinese Styrene Producers by Scale (KT)
  • China Styrene Industry Integration to Ethylene
  • China Styrene Capacity Growth
  • Average Styrene Plant Capacity in China
  • Structure of Chinese Styrene Industry
  • China Benzene Supply
  • Styrene Cost Comparison, 2014

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