The prosperity of the polyester industry reflects the situation of the entire textile and chemical fiber industry to a considerable extent, and every move of the big guys is a barometer for the development trend of the entire chemical fiber industry“ ”Meaning.
Affected by the epidemic and the lack of downstream textile orders, the textile and chemical fiber industry has been in a state of flux since the second half of this year. However, the editor found that recently, the big guys in the polyester industry have made plans and quietly taken action, either starting construction or signing contracts, hoping to seize more market share by enriching new business formats and new elements.
30Ten thousand tonsEVA unit put into operation
Rongsheng Group signed contract500100 million project
Build7chemical industry chains
2021YearOn the evening of December 1229, Rongsheng Petrochemical issued an announcement. Subsidiary Zhejiang Petrochemical Co., Ltd.(referred to as“Zhejiang Petrochemical”)The “4000 million tons annual refining investment and construction in Zhoushan Green Petrochemical Base/ Integrated project(Phase II)”Annual output30 10,000 tonsEVA installed in202112 MonthMonth 28 The first feeding was successful, and photovoltaic material products have been successfully produced. VAcontent28%, product brand name: V6110S, stable production.
It is reported that Zhejiang Petrochemical’s annual output30 million tonsEVA device adopts LyondellBasell’s tubular process Technology, all technical and economic indicators of this process have reached the international advanced level, and it has a significant leading advantage in the EVA industry. It has good product quality, high yield, and low energy consumption of the device for continuous operation. Long time and other advantages. The commissioning of this device will help improve the domestic EVA production technology level and self-sufficiency rate, greatly alleviate the current shortage of photovoltaic materials, ensure the security of the supply chain of related domestic industries, and ensure the safety of domestic supply chains. Take practical actions to implement dual-carbon emission reduction and support the green economy.
And on the morning of2021year12month21 , Zhoushan Municipal Government signed a contract with Zhejiang Rongsheng Holding Group for the Jintang New Materials Park project. According to the cooperation agreement, the project is located in the northern part of Jintang Island, with a total investment of approximately 500 billion, and the use of foreign capital shall not be less than 8 billion US dollars, will create a number of petrochemical midstream and downstream projects with high technology content, high growth potential, high added value and high tax revenue. The investment in the first phase of the project, public works and supporting facilities is approximately 100 billion. It is understood that the project utilizes Zhoushan Green Petrochemical Base’s 4000 million tons/ annual refining capacity and is mainly invested in construction 7 chemical industry chain projects and supporting projects, with a total product volume expected to reach 450 million tons.
Hengli Petrochemical enters the field of lithium battery separators
Investing in the chemical new energy materials market
In2021year12month26 day, constant The equipment purchase signing ceremony for Li Petrochemical’s wet separator production line was grandly held in Hengli (Suzhou) Industrial Park.
According to the agreement, Kanghui New Materials, a subsidiary of Hengli Petrochemical, will introduce wet-process lithium battery separator production lines from Japan’s Shibaura Machinery Co., Ltd. and Qingdao Zhongke Hualian New Materials Co., Ltd.12 strips, with an annual production capacity of 1.6 billion square meters. This move marks�Hengli Petrochemical has entered the field of lithium battery separators and increased its exposure to the chemical new energy materials market.
Lithium battery separator is one of the high value-added materials with high technical content among lithium battery materials, and has a high gross profit margin. The performance of the separator directly affects the capacity, cycle and safety performance of lithium batteries, and has high technical barriers. It is worth mentioning that the current lithium battery separator market is in a stage of rapid development. According to statistics, in the first half of 2021, China’s lithium battery separator shipments increased by 202% year-on-year.
The introduction of lithium battery separator production line by Hengli Petrochemical will expand the downstream new energy materials market layout and alleviate the supply and demand gap of domestic lithium battery separators. Supported by the scale advantages, technological advantages, and R&D advantages of the company’s entire industry chain platform, Hengli Petrochemical’s core competitiveness will continue to increase, helping the company move toward a first-class full industry chain petrochemical new materials enterprise.
According to estimates, global demand for lithium battery separators is expected to increase from63.4 billion square meters to in 2020-2023 >195.8 billion square meters, with an average annual growth rate of 45.6%.
Oriental Shenghong will officially enter the field of new chemical materials
And form “Refining+polyester+ New Materials”Industrial Matrix
On the other hand, Dongfang Shenghong’s acquisition of Sierpan, which has been paying close attention to the market for a long time, has finally come to fruition.
On December 12, 2021, Oriental Shenghong issued shares and paid cash for the purchase. Jiangsu Sirbon Petrochemical Co., Ltd.’s 100% equity and raising of supporting funds and related transactions were unconditionally approved by the Mergers, Acquisitions and Reorganization Committee of the China Securities Regulatory Commission.
In21August, Shenghong Group announced a major strategic adjustment and took the lead in the industry to propose a comprehensive world-building strategy. The strategic transformation of the leading new energy and new materials industry group focuses on the national strategic direction and “Double Carbon“ The goal requires that during the “14th Five-Year Plan“ period, the company will be built into a company with “A high-tech industrial group with strong basic raw material guarantee capabilities, world-leading scientific research and innovation capabilities, and world-class new energy and new material supply capabilities“.
It is understood that Sierbon is the largest photovoltaic grade EVA resin manufacturer in China, and its customers include leading film companies such as Foster and Haiyou New Materials. As another important platform carrying the strategic transformation of Shenghong Group, Sierpan is comprehensively and deeply promoting the new energy and new material industry layout, with production capacity of “two new”’s proportion continues to expand.
Last year, the photovoltaicEVA produced by Sierpan accounted for more than half of the domestic manufacturers. Only companies with industry barriers in any industry can obtain high profits. In the first quarter of 2021, the average sales price of SierpanEVA was 17000yuan/ tons, the product achieved sales revenue of 1.665 billion.
The company’s net profit in the quarter reached 1 billion yuan, which was nearly twice the full-year profit of the previous year, indicating strong sustainable profitability. After Sierbon’s injection, Dongfang Shenghong’s future product lines are expected to be significantly improved in terms of both production capacity and industrial chain.
After the completion of this transaction, Dongfang Shenghong will officially enter the field of new chemical materials and form “Refining and Chemicals+ The industrial matrix of polyester+new materials”.
According to the analysis of the research report, my country’s current import dependence of photovoltaic materialsEVA is close to60%. At the same time, the cumulative installed capacity of my country’s photovoltaic market5 has an average annual compound growth rate of 43.48%. “Carbon Neutral“The policy is gradually implemented, and the photovoltaic market still has broad space, and photovoltaic materials EVAThe demand for EVA is still a blue ocean. The intervention of Rongsheng and Shenghong will help build the petrochemical leader to reach new heights, and may also bring more turmoil to the photovoltaic market.
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According to the analysis of the research report, my country’s current import dependence of photovoltaic materialsEVA is close to60%. At the same time, the cumulative installed capacity of my country’s photovoltaic market5 has an average annual compound growth rate of 43.48%. “Carbon Neutral“The policy is gradually implemented, and the photovoltaic market still has broad space, and photovoltaic materials EVAThe demand for EVA is still a blue ocean. The intervention of Rongsheng and Shenghong will help build the petrochemical leader to reach new heights, and may also bring more turmoil to the photovoltaic market.
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