Current situation and development of polyolefin in

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China's current situation and development of polyolefin industry

from September 24 to September 26, 2009, the second northeast three provinces Plastic Industry Summit Forum kicked off in Panjin, China. At the plastic industry summit forum, Zheng Kai, Secretary General of China Engineering Plastics Industry Association, made a detailed exposition on the current situation and the development of the hydrocarbon industry whose strength of polyolefins can reach 200 times that of steel. Facing the double blow of the Middle East and the financial crisis, where should China's high polyolefins: 40 ± 0.1mm go? Secretary General Zheng Kai made a detailed analysis of China's overall economic form and the general situation of China's plastic industry with a series of data at the industry forum

the severity of China's economy affected by the international financial crisis has exceeded the original expectations. Coupled with the objective cyclical adjustment, China's economy, especially the petrochemical industry, is facing huge downward pressure. Although the economic situation has eased this year, the improvement of some indicators does not mean that the recovery has arrived. At present, external demand continues to shrink, and it is very difficult to reduce domestic production capacity and eliminate backwardness; With the real estate speculation and hot money flowing into the stock market, the threat of inflation is at hand; The situation that enterprises increase production without increasing income, and the sharp decline in benefits has not been significantly improved. So now we think the crisis has reached 4 Temperature limitation: it is too early to go according to international standards

people say that the 20th century is the century of steel and the 21st century is the century of plastic. With the continuous progress and development of science and technology, plastics will be more widely used in our daily life and various related fields. As a technology intensive high-tech product integrating machine, light, electricity and liquid, most of the products belong to the fourth largest material after wood, cement and steel, and will play an increasingly important role in the development of human society

however, from the current situation, due to the slowdown in demand caused by the deterioration of the world economic environment, the global polyolefin unit operating rate will be significantly reduced this year. In the next two years, as a large number of units are put into production and demand enters a low growth period, the operating rate will be further reduced. In Western Europe, North America and Japan, some aging and less competitive capacity will be shut down

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