Ethylene production capacity of the hottest world

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World ethylene production capacity

with the mega mergers in Europe and the United States and the new large-scale equipment in Asia and the Middle East, the share of the top 10 manufacturers in the production capacity increased from 34% in 1997 to 45% in 2001. In the future, in addition to the new construction equipment of European and American multinational chemical companies in China, the planned new equipment in the Middle East will continue to be active, which will increase the top 10 by 43.65% year-on-year The share of manufacturers was further expanded

it is estimated that the world's ethylene production capacity will exceed 100 million tons/year by the end of 2001, of which the production capacity of the top 10 manufacturers is about 47 million tons/year, accounting for 45% of the world. In the top 10, except for Saudi Basic Industries Corporation (SABIC), which ranks fifth, and Taiwan, China Plastics Corporation (FPC), which ranks seventh, five of them are manufacturers involved in large-scale mergers in recent years. From the trend of the top 10 manufacturers, Dow Chemical Company, the first, completed the merger with UCC in February this year (UCC subsidiary should definitely expand the utilization of biodegradable plastics), and its capacity will be expanded to a super large ethylene manufacturer with a capacity of 10million tons/year. In addition to the expansion of the consolidation scale, it is also planned to build new equipment all over the world. In 2001, 600000 tons/year of additional equipment will be built in the Netherlands and Argentina (PBB company) respectively without any loss to the consolidation of composite materials, with a capacity of 450000 tons/year. UCC and Petronas in Malaysia jointly build 600000 T/a equipment, which is the first ethylene production base established by Dow Chemical Company in Southeast Asia. ExxonMobil, the second largest company, had a production capacity of about 5.5 million tons/year when it was established in November 1999. In 2000, it built equipment of 800000 tons/year and 700000 tons/year in Saudi Yanbu Petrochemical Company and Jubail Petrochemical Company, which are joint ventures between Saudi Arabia and SABIC. According to the proportion of capital contribution, ExxonMobil Mobil added a total capacity of 750000 tons/year. It is expected that in the second quarter of this year, a new equipment of 800000 tons/year will be completed and put into operation in Singapore, and the total capacity will be expanded to 7.1 million tons/year

in addition, equistar, which ranks third among European and American enterprises, Chevron Phillips Chemical Company, which ranks sixth, and BP, which ranks ninth, have been expanded due to merger in recent years. Among them, Chevron Phillips Chemical Company was formed by the merger of the chemical departments of their original oil refining companies in June 2000. On the other hand, SABIC and FPC, which continue to build new equipment, have made amazing leaps. In 2000, SABIC's wholly-owned Arabian Petrochemical Company, Saudi Yanbu Petrochemical Company and Jubail Petrochemical Company, which are joint ventures with ExxonMobil, built large-scale equipment respectively, and the production capacity was expanded to 4million tons/year at one go. In 1999, FPC was completed and put into operation in Yunlin, Taiwan, China, 450000 tons/year, 20 plastic modified asphalt waterproof coiled material GB 18243 ⑵ 900000 tons/year was completed in October, and then expanded by 150000 tons/year in 2001, reaching a total of 1.5 million tons/year. In 1993, Formosa Plastics USA completed and put into operation 730000 tons/year, and it is expected to complete 820000 tons/year of equipment in the third quarter of this year. The total production capacity of Formosa Plastics in Taiwan, China and the United States has reached 3million tons/year

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