We believe that the investment strategy of the chemical industry is to invest in systematic innovation and low-cost expansion. The next industrial pattern of chemical industry depends on talent competition. The chemical industry has changed from a simple capital intensive industry to a talent and capital intensive industry. The latecomers can’t surpass the capital and can only stare at the latecomers. Therefore, the periodicity of the chemical industry becomes weaker. With effective incentives, excellent management and continuous innovation, excellent companies have created unshakable advantages in technology iteration, low cost and efficient service, and have conquered cities and occupied land in the global market.
The guiding opinions on high-quality development of chemical fiber industry was issued to implement the 14th five year plan and build a chemical fiber power in an all-round way
The Ministry of industry and information technology and the national development and Reform Commission issued the guiding opinions on the high-quality development of chemical fiber industry (hereinafter referred to as the opinions), proposing that by 2025, the industrial added value of chemical fiber enterprises above Designated Size will increase by 5% annually, forming a group of leading enterprises with strong competitiveness and building a chemical fiber power in an all-round way.
According to the data of the Ministry of industry and information technology, China’s chemical fiber output accounts for 70% of the world’s total output, and chemical fiber accounts for 84% of China’s total textile fiber processing. Promoting the high-quality development of chemical fiber industry is of great significance to deepen the supply side structural reform of textile industry, meet the demand of consumption upgrading and serve the development of strategic emerging industries.
During the 14th Five Year Plan period, the development environment of China’s chemical fiber industry is facing profound and complex changes. Problems such as weak independent innovation ability, low added value of products and shortcomings in some key raw materials and equipment have become increasingly prominent constraints on the industry. The dual carbon target task puts forward higher requirements for the low-carbon transformation and sustainable development of the chemical fiber industry. Therefore, the two departments have prepared and issued the opinions.
According to the opinions, by 2025, the industrial added value of chemical fiber enterprises above Designated Size will increase by 5% annually, and the proportion of chemical fiber output in the world will be basically stable. The innovation ability has been continuously enhanced, the investment intensity of R & D funds in the industry has reached 2%, and the R & D and manufacturing capacity of high-performance fibers meets the national strategic needs. The digital transformation has achieved remarkable results. The digital popularization rate of enterprise operation and management has reached 80%, and the numerical control rate of key processes has reached 80%. The green manufacturing system has been continuously improved, the proportion of green fiber has been increased to more than 25%, the annual average output of bio based chemical fiber and degradable fiber materials has increased by more than 20%, the comprehensive utilization level and scale of waste resources have been further developed, and the carbon emission intensity of the industry has been significantly reduced. Form a number of leading enterprises with strong competitiveness, build a high-end, intelligent and green modern industrial system, and build a chemical fiber power in an all-round way.
The opinions proposed to improve the added value of conventional fibers. Realize high-quality, intelligent and green production of conventional fibers, develop differentiated and functional fiber products such as super simulation and stock solution coloring, improve the performance and quality stability of functional fibers, expand the application field of functional fibers, and promote the industrialization and high-end application of biomedical fibers. Strengthen the quality control of the whole production process, promote the supply of high-quality products, and meet consumption upgrading and personalized needs. Improve the production and application level of high-performance fibers. Improve the production and application level of carbon fiber, aramid fiber, ultra-high molecular weight polyethylene fiber, polyimide fiber, polyphenylene sulfide fiber, polytetrafluoroethylene fiber and continuous basalt fiber, and improve the quality consistency and batch stability of high-performance fiber. Further expand the application of high-performance fibers in aerospace, wind and photovoltaic power generation, marine engineering, environmental protection, safety protection, geotechnical construction, transportation and other fields. Accelerate the development of bio based chemical fibers and degradable fiber materials. Improve the purity of bio based chemical fiber monomer and raw materials, accelerate the integration of complete sets of stable, efficient and low-energy technologies and equipment, and realize large-scale and low-cost production. Support the key technical equipment research of degradable fiber materials such as degradable aliphatic polyester fiber, break through the technical bottleneck of raw material preparation and efficient polymerization, strengthen the evaluation of fiber degradability, and continue to expand the effective supply of medium and high-end products. Improve the chemical fiber standard system for the coordinated development of national standards, industrial standards, group standards and enterprise standards, and give full play to the role of group standards in guiding industrial development and stimulating innovation vitality. Expand the brand influence of “Chinese fiber fashion trend” and “green fiber”. Enhance consumers’ awareness of Chinese fibers and corporate brands, and promote the internationalization of Chinese fibers and corporate brands. Encourage enterprises to establish a brand cultivation management system, strengthen the construction of brand management team, deepen the in-depth cooperation between upstream and downstream industries, and expand brand influence.
Industry maintenance:
[petrochemical sector]
Pure benzene: the production capacity under maintenance this week was 2347400 tons, an increase of 419000 tons over last week.
The total capacity of toluene was 1.23 million tons last week, an increase of 1.23 million tons this week.
Propylene: the production capacity under maintenance this week was 9.76 million tons, the same as last week.
Butadiene: the total capacity under maintenance this week was 1.37 million tons, an increase of 470000 tons over last week.
Isobutylene: there is no production capacity under maintenance this week, which is the same as last week.
Bisphenol A: the production capacity under maintenance this week was 370000 tons, the same as last week.
PX: the production capacity under maintenance this week was 6.735 million tons, the same as last week.
PTA: the production capacity under maintenance this week was 2.62 million tons, an increase of 2.2 million tons over last week.
Acrylic acid: the production capacity under maintenance this week was 2.33 million tons, an increase of 970000 tons over last week.
Butyl acrylate: it is under maintenance this week, with a total capacity of 1.36 million tons, the same as last week.
Propylene oxide: the production capacity under maintenance this week was 1.51 million tons, the same as last week.
[coal chemical sector]
Ethylene glycol: the production capacity under maintenance this week was 11.068 million tons, an increase of 950000 tons over last week.
Acetic acid: the production capacity under maintenance this week was 8.46 million tons, an increase of 1.2 million tons over last week.
Acetic anhydride: the production capacity under maintenance this week was 310000 tons, the same as last week.
Adipic acid: the production capacity under maintenance this week was 985000 tons, the same as last week.
DMF: the production capacity under maintenance this week was 110000 tons, the same as last week.
[polyurethane sector]
MDI: the production capacity under maintenance this week was 1.67 million tons, the same as last week.
TDI: the total production capacity under maintenance this week was 2.237 million tons, the same as last week.
[chemical fiber sector]
Polyester chip: the production capacity under maintenance this week was 100000 tons, the same as last week.
Ester bottle tablets: the production capacity under maintenance this week was 3.35 million tons, the same as last week.
Polyester staple fiber: the production capacity under maintenance this week was 3.44 million tons, the same as last week.
Polyester filament: the production capacity under maintenance this week was 165992 million tons, the same as last week.
Nylon slicing: there are 5 companies under maintenance this week, an increase of 1 over last week.
[pesticide and fertilizer sector]
Synthetic ammonia: a total of 74 companies were under maintenance this week, an increase of 1 over last week.
Multi dimensional tracking of key companies
\u3000\u3 Jointo Energy Investment Co.Ltd.Hebei(000600) 309
Industry information:
According to Baichuan Yingfu, the situation of MDI device has not changed this week and continues the situation of last week: Wanhua baoside, which is in shutdown due to force majeure, has resumed the operation of its 350000 T / a MDI device.
In addition, the 400000 T / a MDI unit of Ningbo Wanhua phase I started shutdown and maintenance on November 27, and gradually recovered in the near future; Phase II 800000 T / a equipment will be shut down for maintenance on December 11, and the maintenance is expected to take 45 days.
MDI: the production capacity under maintenance this week was 1.67 million tons, the same as last week. According to Baichuan Yingfu, all manufacturers have no new maintenance plan this week.
According to the State Patent Office, Wanhua Chemical Group Co.Ltd(600309) this week, 68 new patents were opened. The invention relates to a closed polyisocyanate composition and a preparation method and application thereof; A treatment method of MDI production tail gas; The invention relates to a silane modified polylactic acid and a preparation method and application thereof; The invention relates to a triazine group modified macroporous resin and a preparation method thereof; The invention relates to a room temperature quick drying epoxy curing agent dispersion, a preparation method and application thereof; The invention relates to a post crosslinked polymer adsorbent and a preparation method thereof; The invention relates to a low-density thermoplastic polyurethane elastomer particle for a plastic runway and a product thereof; An n? Ethyl? New? Preparation of N? Ethyl? L？ Method for preparing menthol formamide; The invention relates to a flame retardant masterbatch and an aromatic polymer composition containing the masterbatch; The invention relates to a halogen-free flame retardant polypropylene material and a preparation method thereof; The invention relates to a device system and a method for continuously producing alkoxypropane; The invention relates to a monodentate phosphine ligand and a hydroformylation catalyst, and a method for preparing linear aldehyde by hydroformylation of olefins; A 3? Methyl? 1,5？ Preparation method of pentanediol; A new nylon material, a preparation method and its application in 3D printing; The invention relates to an anchoring agent and a preparation method and application thereof; A zirconium catalyst based on steel slag and its preparation method and its application in the preparation of 1,4? Application of butanediol co production of isobutylene aldehyde; The invention relates to a marking powder and a preparation method and application thereof, a high-strength PC alloy suitable for laser marking and a preparation method thereof; The invention relates to a polysiloxane with a phenolic end group and a preparation method thereof; A building primer emulsion and its preparation method and application; The invention relates to a polyacetal composition and a preparation method and application thereof;
The invention relates to a solid acid catalyst for preparing acetal / ketone and a preparation method and application thereof; The invention relates to a separation method and device of carbonyl synthesis tail gas; The invention relates to a polishing layer of a chemical mechanical polishing pad and a preparation method thereof; The invention relates to an automatic control method for coke burning of an ethylene cracking furnace, a storage medium and an electronic device; A method for preparing Neroli alcohol from geraniol; The invention relates to a waterborne antibacterial coating and a preparation method thereof; The invention relates to a lithium ion battery cathode material and a preparation method thereof, a cathode and a lithium ion battery; A continuous production process and system for waterborne acrylic resin lotion; The invention relates to a nylon material with low temperature resistance and high wear resistance and a preparation method and application thereof; The invention relates to a polyurethane microporous elastomer and a preparation method and application thereof; The invention relates to a silicon wafer thinning device and a thinning processing technology for monocrystalline silicon wafer; A 3? Methyl? 2？ Butene? 1？ Preparation method of aldehyde; The invention relates to a supported porous metal organic Pd catalyst and a preparation method and application thereof; The invention relates to an alkali washing tower butter inhibitor and a preparation method thereof; A method for preparing colorless polyisocyanate composition; A method for preparing taurine;
The invention relates to a method for preparing taurine from sodium hydroxyethyl sulfonate; The invention relates to a modified alicyclic amine curing agent and a preparation method thereof; The invention relates to a preparation method of polar polymer coal water slurry additive and a method for separating residual carbon; The invention relates to a method for preparing high-purity Neroli alcohol and geranal by hydrogenating citral; The invention relates to a preparation method of sodium methyltaurine; Aniline doped modified polyvinylidene chloride two lotion and its preparation method and application; A catalyst composition for reducing the proportion of normal isomerism in the product of hydroformylation of olefins to prepare aldehydes; An analysis and evaluation method of polyether polyol; A catalyst and its application in the preparation of 2,2,6,6? Tetramethyl? 4？ Application of piperidone in; A preparation method of biological acrolein; A 3? Methyl? 3？ Butene? 1？ Continuous preparation method of alcohol; The invention relates to a dimethyl benzyl alcohol hydrogenolysis catalyst and a preparation method thereof; The invention relates to a polyurethane open cell hard foam composition, a preparation method and application; The invention relates to a diphenylmethane diisocyanate composition, an isocyanate prepolymer and a polyurethane elastomer; The invention relates to a polyurethane polyurea aqueous dispersion and a preparation method and application thereof; The invention relates to a catalyst, a preparation method thereof and its application in olefin isomerization reaction; The invention relates to a continuous dispersion system for preparing waterborne polyurethane dispersion and its continuous dispersion process and application; A silicone acrylic lotion and its preparation method and application; The invention relates to a polyisocyanate composition, a preparation method thereof and a coating composition; The invention relates to a preparation method of polyurea polyol that can release carbon dioxide; The invention relates to an adhesive, an ecological sector prepared by the adhesive and a sector preparation method; The invention relates to a preparation method of acrylic emulsion, acrylic emulsion and its application. The invention relates to a modified polyisoprene and a preparation method thereof and an acrylate resin dispersion prepared therefrom; The invention relates to an organic waste gas adsorbent, a preparation method thereof and an organic waste gas treatment method; Method for selectively hydrogenating diene ketone with ruthenium complex; The invention relates to a chemical cleaning agent for the scale of isocyanate heat exchanger, a preparation method and application thereof; The invention relates to a vegetable oil-based fluorinated hydroxyl resin and a preparation method and application thereof; The invention relates to a catalytic cracking catalyst and a preparation method and application thereof; The invention relates to a method and device for producing isododecane and co producing Triisobutylene by oligomerization and hydrogenation of isobutene; The invention relates to a flame retardant silane modified polyether resin and a preparation method and application thereof; A preparation method of pearlescent polypropylene and its composite material with obvious effect; The invention relates to a rhombic taurine crystal and a preparation method thereof.
Price information:
The average price of polymerized MDI (East China) this week was 18438 yuan / ton, with a month on month decrease of 0.29% and a historical quantile of 29%; The average price of pure MDI (East China) this week was 21870 yuan / ton, down 1.31% month on month, with a historical quantile of 37%; The average price of soft foam polyether (East China) this week was 11617 yuan / ton, a month on month decrease of 2.22% and a historical quantile of 30%; The average price of hard foam polyether (East China) this week was 11050 yuan / ton, down 1.16% month on month, with a historical quantile of 42%; The average price of propylene oxide (East China) this week was 11163 yuan / ton, down 1.94% month on month, with a historical quantile of 34%; The average price of butyl acrylate (East China) this week was 13890 yuan / ton, with a month on month increase of 6.52% and a historical quantile of 59%; The average price of MTBE (98%, China) this week was 5745 yuan / ton, down 1.63% month on month, with a historical quantile of 40%; The average price of PC (General Motors, China) this week was 21390 yuan / ton, up 0.47% month on month, with a historical quantile of 35%.
The price difference of East China polymerized MDI this week was 12872 yuan / ton, down 0.78% month on month, with a historical quantile of 27%; The price difference of pure MDI in East China this week was 16305 yuan / ton, down 2.03% month on month, with a historical quantile of 33%; The price difference of propylene oxide this week was 2733 yuan / ton, with a month on month decrease of 8.71% and a historical quantile of 17%; The price difference of PC this week was 6243 yuan / ton, down 3.09% month on month, with a historical quantile of 29%; The price difference of hard foam polyether this week was 2120 yuan / ton, with a month on month increase of 2.25% and a historical quantile of 58%.
Overseas competitors:
[kostron]
April 22 – costron is expanding its platilon? Production capacity of series thermoplastic polyurethane (TPU) films, as well as related infrastructure and logistics. To this end, the company is investing millions of euros in the German Center of excellence in bomlitz, Lower Saxony.
Epurexfilms is a wholly-owned subsidiary of kostron. The website provides application development and production of semi-finished products. The new capacity is designed to meet the growing global demand for multilayer TPU films. They are used in automotive interiors and architectural and other applications. Breathable and impermeable special films also prove their value in wound care and outdoor clothing. The new facility is planned to be completed as early as the end of 2023.
\u3000\u30 Shanxi Huhua Group Co.Ltd(003002) 85
Company information:
On April 20, the announcement on the implementation of annual equity distribution in 2021 was issued.
The 2021 annual profit distribution plan approved by the 2021 annual general meeting is: Based on the number of shares after deducting the repurchased shares in the repurchase account on the equity registration date when the 2021 annual profit distribution plan is implemented, a cash dividend of RMB 1.10 (including tax) will be distributed to all shareholders for every 10 shares, no bonus shares will be given, and no capital reserve will be converted into share capital. If there is any change between the disclosure date of the cash dividend plan and the equity registration date of the implementation of the plan due to the conversion of convertible bonds into shares, share repurchase, equity incentive exercise and the listing of refinanced new shares, it will be adjusted according to the principle of “unchanged dividend proportion”.
Industry information:
According to the State Patent Office, Shandong Sinocera Functional Material Co.Ltd(300285) four new patents were opened this week. An electronic smog core; An electronic smog core; A Cu? SSZ？ 13 molecular sieve and its preparation method; The invention relates to a dielectric material for high frequency application and a preparation method thereof.
[longmang group]
Company information:
On April 20, the first quarter report of 2022 was released. The company achieved an operating revenue of 6.068 billion yuan, a year-on-year increase of 30.63%; The net profit attributable to the parent company was 1.064 billion yuan, a year-on-year increase of 0.03%; Non deduction of RMB 1.039 billion was realized, with a year-on-year increase of 0.16%.
Price information:
The average price of titanium dioxide (rutile, China) this week was 19800 yuan / ton, up 0.00% month on month, with a historical quantile of 73%; The price difference of rutile titanium dioxide this week is 19800 yuan / ton, with a historical quantile of 100%.
\u3000\u3 China Vanke Co.Ltd(000002) 597
Company information:
On April 23, the announcement on the implementation of annual equity distribution in 2021 was issued. Based on the existing total share capital of 560916003 shares of the company and 555331221 shares excluding 5584782 repurchased shares, RMB 10.6 per 500000 shares in cash to all shareholders (tax included; after tax deduction, Hong Kong market investors, QFII, rqfii, individuals holding pre IPO restricted shares and securities investment funds holding shares through Shenzhen Stock connect will pay 5850000 yuan for every 10 shares; the individual dividend tax on post IPO restricted shares, equity incentive restricted shares and unlimited tradable shares will be levied at a differentiated tax rate, and the company will not withhold individual income tax temporarily. When individuals transfer shares, the tax payable will be calculated according to their holding period Um.
On April 23, the announcement on the price adjustment of “Jinhe convertible bonds” was issued. The company will implement the annual equity distribution plan for 2021 and plans to distribute cash of RMB 6.50 (including tax) for every 10 shares to all shareholders (the total share capital on the equity registration date minus the company’s shares held in the company’s repurchase account). The equity registration date is April 28, 2022, and the ex right and ex interest date is April 29, 2022. According to the issuance terms of the prospectus for Anhui Jinhe Industrial Co.Ltd(002597) public offering of convertible corporate bonds and the relevant provisions of the CSRC on the issuance of convertible bonds, the conversion price of Jinhe convertible bonds will be adjusted from the original 21.97 yuan / share to 21.33 yuan / share from April 29, 2022.
Price information:
In April, Anhui Jinhe Industrial Co.Ltd(002597) sucralose was quoted at 450000 yuan / ton Anhui Jinhe Industrial Co.Ltd(002597) ansaimi’s quotation remains unchanged at 85000 yuan / ton Anhui Jinhe Industrial Co.Ltd(002597) methylmaltol is quoted at 110000 yuan / ton; Ethyl maltol is 95000 yuan / ton. In terms of competitors, the latest quotation of sucralose Kehong biology is 430000 yuan / ton, and the latest quotation of Kangbao biochemical is 420000 yuan / ton; The latest quotation of Ansai mizing is 85000 yuan / ton for Jiangsu Vitol and 80000 yuan / ton for Yabang chemical; The latest quotation of ethyl maltol is 130000 yuan / ton.
\u3000\u3 Jointo Energy Investment Co.Ltd.Hebei(000600) 426
Industry information:
According to Baichuan Yingfu news, Shandong Hualu-Hengsheng Chemical Co.Ltd(600426) at present, four units are in normal production.
Price information:
The average price of urea (Shandong) this week was 2926 yuan / ton, with a month on month increase of 0.90% and a historical quantile of 89%; The average price of ethylene glycol (East China) this week was 4931 yuan / ton, up 2.30% month on month, with a historical quantile of 30%; The average price of adipic acid (East China) this week was 12000 yuan / ton, down 2.12% month on month, with a historical quantile of 35%; The average price of DMF (China) this week was 11120 yuan / ton, up 5.40% month on month, with a historical quantile of 84%; The average price of acetic acid (East China) this week was 4760 yuan / ton, down 6.67% month on month, with a historical quantile of 39%.
The price difference of ethylene glycol this week was 3179 yuan / ton, with a month on month increase of 1.79% and a historical quantile of 11%; The price difference of acetic acid this week was 1803 yuan / ton, with a month on month decrease of 6.67% and a historical quantile of 39%.
\u3000\u3 China Vanke Co.Ltd(000002) 493
Price information:
The average price of PTA (East China) this week was 6244 yuan / ton, up 1.64% month on month, with a historical quantile of 51%; The average price of polyester chip (bottle grade, East China) this week is 5400 yuan / ton, with a historical quantile of 9%; The average price of polyester chip (semi gloss chip, East China) this week is 4725 yuan / ton, with a historical quantile of 6%; The average price of polyester chips (bright chips, East China) this week is 4775 yuan / ton, with a historical quantile of 5%; The average price of polyester chips (fiber grade, East China) this week was 7380 yuan / ton, up 2.43% month on month, with a historical quantile of 46%; The average price of FDY (150D / 96F, East China) this week was 8530 yuan / ton, up 3.46% month on month, with a historical quantile of 49%; The average price of POY (150D / 48F, East China) this week was 7995 yuan / ton, with a month on month increase of 4.317% and a historical quantile of 43%; The average price of DTY (150D / 48F, East China) this week was 9320 yuan / ton, with a month on month decrease of 88.90% and a historical quantile of 14%.
The price difference of PTA this week is – 14 yuan / ton, with a historical quantile of 11%; The price difference of FDY this week was 1615 yuan / ton, up 18.08% month on month, with a historical quantile of 17%; The price difference of POY this week was 1080 yuan / ton, up 37.11% month on month, with a historical quantile of 10%; DTY’s price difference this week was 2405 yuan / ton, up 3.99% month on month, with a historical quantile of 3%.
Risk tips
Policy disturbance; Technology diffusion; Breakthroughs in new technologies; Global intellectual property disputes; Global trade disputes; The tightening of carbon emissions brings the risk of catching up with production capacity; Risk of sharp decline in oil prices; The risk of a sharp economic downturn.
