Status and Outlook of China's Synthetic Rubber Market
Year:2011 ISSUE:12
COLUMN:POLYMERS
Click:183 DateTime:Jun.20,2011
Status and Outlook of China's Synthetic Rubber Market
By China Rubber & Plastic Research Institute, CNCIC
1. Supply and demand status of synthetic rubber in China
Capacity substantially increased
In 2010, the total capacity of 8 major types of synthetic rubber (SBR, BR, SBS, NBR, IIR, CR, EPDM and IR) reached 2.708 million t/a in China. The capacity of 8 major types of synthetic rubber in 2010 is listed in Table 1.
In 2010, the production of all synthetic rubbers in China was still mainly concentrated in Sinopec and CNPC. The two groups' combined capacity was 2.015 million t/a, accounting for about 74.4% of China's total, of which the capacity of Sinopec (including its joint ventures) was 1.275 million t/a, accounting for 47.1% of China's total; and the capacity of CNPC was 740 000 t/a, accounting for 27.3 % of China's total. The capacity of foreign firms, Taiwanese companies and private enterprises was 693 000 t/a, accounting for 25.6% of China's total, and their proportion in China's total is increasing.
Table 1 Major producers of synthetic rubbers in China in 2010 (thousand t/a)
Company ESBR SSBR BR SBS NBR IIR CR EPDM IR Subtotal
Sinopec
Yanshan Petrochemical - 30 120 90 - 75 - - - 315
Qilu Petrochemical 230 - 40 - - - - - - 270
Gaoqiao Petrochemical - 42 178 - - - - - - 220
Baling Petrochemical - - 30 220 - - - - - 250
Maoming Petrochemical - 30 10 80 - - - - - 120
YPC ?GPRO (Nanjing) Rubber Co Ltd 100 - - - - - - - - 100
Subtotal 330 102 378 390 - 75 - - - 1275
China National Petroleum Corporation (CNPC)
Jilin Petrochemical 140 - - - 10 - - 20 - 170
Lanzhou Petrochemical 155 - - - 70 - - - - 225
Daqing Petrochemical - - 80 - - - - - - 80
Dushanzi Petrochemical - 100 35 80 - - - - - 215
Jinzhou Petrochemical - - 50 - - - - - - 50
Subtotal 295 100 165 80 80 - - 20 - 740
Others
Nantong Shen Hua Chemical Industrial Co Ltd 170 - - - - - - - - 170
Changshou Chemical Co Ltd - - - - - - 28 - - 28
Shanxi Synthetic Rubber Group Co Ltd - - - - - - 60 - - 60
Nanjing Nandi Chemical Co Ltd - - - - 20 - - - - 20
Lee Chang Yung Rubber (Huizhou) Co Ltd - - - 200 - - - - - 200
Bridgestone (Huizhou) Synthetic Rubber 50 - - - - - - - - 50
Formosa Plastic (Nantong) Industry Co - - - 20 - - - - - 20
Shandong Yuhuang Chemical Co Ltd - - 80 - -