Beijing – China’s propylene oxide (PO) capacity reached 3,367kT/year at the end of 2020. The number is expected to more than double to 7,947kT/year by the end of 2023.
A total of 600kT/year has already come on stream in 2021, according to Chem366, the official data disclosure media outlet of China Polyurethane Industry Association.
These include 200kT/year PO/SM that started operation in March at SinoChem Quanzhou, 300kT/year PO/SM in April for CSPC, a 50-50 joint venture between China National Offshore Oil Corporation and Shell Nanhai, and 10kT/year HPPO in May at Jiangsu Fuqiang New Material.
Planned and ongoing projects with 3980kT/year capacity overall are slated to come on stream by 2023, Chem366 said. The projects’ actual progress will be subject to factors such as macroeconomic policies and environmental pressures, it said.