Dalian Ligong Safety Equipment Co.,Ltd
On the 29th, at the 17th China Hangzhou Chemical Fibre Forum, Wang Song of the Purchasing Department of Wanhua Chemical Group Co., Ltd., when talking about the Chinese pure benzene market, said that the production of benzene and hydrogenated benzene from China Petroleum increased significantly, although it was The new production capacity of benzene has not been effectively replenished. With the accelerated construction of Zhoushan Petrochemical and Dalian Hengli this year, it will soon affect the balance between supply and demand of China's pure benzene industry. In particular, large refining projects on the road will make China's pure benzene industry chain the focus of market attention.
According to Wang Song, in the next three years, the biggest change in the world's pure benzene market will occur in China, as there will be a large number of refinery integration projects that will be equipped with huge pure benzene and downstream production capacity. "A large number of integrated production capacity will be released, making China a very net exporter."
In his view, China’s strong end-user spending power will support the expansion of China’s chemical capacity in the future.
Wang Song believes that a new round of global petrochemical production cycle will come. North America will mainly rely on ethylene expansion, while China will expand from top to bottom in all aspects. The pure benzene industry chain is an important part of it. “In the future, the spillover effect of the pure benzene industry chain in China on the global benzene market will be a topic of major concern.”
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