Ethylene Glycol is Mainly Consumed by Polyester Sector in China, According to CCM22 Mar 2013 • by Natalie Aster
China started producing EG firstly in the 1960s, and the development was very slowly in the first 10 years. After entering the 1970s, the industry enjoyed its first fast growing stage along with the development of China's petrochemical industry. However, the downstream of EG was still undeveloped.
At present, all of the EG & DG in China are produced by water and ethylene oxide which majorly comes from ethylene. And all of the EG & DG producers in China build ethylene oxide production facilities to self-supply raw materials.
In the past five years, both China's EG capacity and output have enlarged significantly, with capacity almost doubled and output increased by more than 60%.The prices of EG & DG are majorly determined by the price of ethylene which is the major raw material of EG & DG.
According to the report “Production and Market of Ethylene glycol & Diethylene glycol in China” by CCM, EG's apparent consumption in China climbed steadily during the past five years, mostly due to the strong demand growth from polyester, which is the major downstream industry of EG. The apparent consumption volume of EG keeps upward in 2012 even the economic environment is quite slack.
Production and Market of Ethylene glycol &Diethylene glycol in China
Published: February, 2013
Price: US$ 1,620.00
In China, polyester is the absolutely dominant downstream industry of EG. Most EG's annual apparent consumption is counted in polyester industry. And most of the rest is used to produce antifreeze. It is considered that polyester will remain its dominant position in the consumption of EG, and the share of consumption volume in antifreeze will rise in a very modest range.Polyester, also known as polyethylene glycol terephthalate (PET) in China, is the largest and most important downstream industry of EG in China.
More information can be found in the report “Production and Market of Ethylene glycol & Diethylene glycol in China” by Guangzhou CCM Information Science & Technology.
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