Insight
Why is China’s enthusiasm for PDH investment unabating?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Two new propane dehydrogeneration (PDH) units came online in China in July, taking the total number of operational PDH units in the country to 18. And with a wave of new projects starting up in the next few years, we expect PDH will account for a quarter of China’s total propylene production capacity by 2025. With investor enthusiasm for PDH showing no signs of slowing, this insight examines the popularity of this on-purpose technology, seeking to answer these questions: • What is driving China’s unrelenting PDH investment? • How competitive is China’s PDH compared to other propylene production routes? • Where does the propane feedstock come from ? • How will the PDH investment surge impact the international propylene market?
Table of contents
- Executive summary
- What is the current PDH situation in China?
- What is driving continuous PDH investment in China?
- Who is investing in PDH and how do they integrate with derivatives?
- Where does the propane come from?
- How is the PDH investment surge impacting the propylene market?
Tables and charts
This report includes the following images and tables:
-
China propylene capacity developmentChina PDH vs. Rest of world PDHChina PDH units distribution
-
Margins for PDH and other propylene production routesPDH derivatives in 2013-July 2020PDH derivatives in August 2020-2025China propane import
What's included
This report contains:
Other reports you may be interested in
Asset Report
Jinchuan nickel operation
A detailed analysis of the Jinchuan nickel operation.
$2,250
Insight
Value-in-use iron ore costs Q2 2026
Q2 2026 iron ore value-in-use adjusted costs are up 5.0% compared to last quarter, and margins are below 40% in Q2 2026.
$5,000
Insight
China economic focus May 2026: the Middle East war scenarios
We assess the impact of the energy crisis on China’s economy based on the assumed duration of the Middle East conflict.
$1,150
