Bisphenol A thriving global market in Asia will increase by 500,000 tons production capacity

According to SRI Consulting's latest research report, the next 5 years will be the global market demand for bisphenol A 6% ~ 7% average annual rate of rapid growth. The new capacity mainly in Asia (outside Japan), Asia will be next year after a total of 500,000 tons of bisphenol A new plant put into operation to meet the rapidly growing demand for polycarbonate resin.


    SRI Consulting reports that this year's new production of China Taiwan Changchun Petrochemical projects in the city's 135,000 tons / year plant, South Korea's LG Chemical has also built a Yeosu earlier this year to 12 tons / year of bisphenol A unit. It is reported that Bayer is planning to construct a Caojing in Shanghai, 200,000 tons / year plant. Japan's Mitsui Chemicals and Sinopec have agreed, will be 50/50 joint venture in Shanghai Caojing build a 120,000 tons / year plant planned production next year.


    In addition, Russia will have 70 thousand tons / year of bisphenol A unit completed in 2007, the Saudi project management and development of corporate planning in the city of Jubail Chemical 240,000 tons / year of bisphenol A unit will be put into operation in 2008.
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    Bisphenol A used mainly to produce polycarbonate and epoxy resin, of which 65% for the production of polycarbonate, epoxy resin for the production of 30%, other applications include the production of flame retardant, unsaturated polyester resins and polyacrylate, polyetherimide and polysulphone resins 5%. According to SRI Consulting survey, as of 2005, global production capacity of 5.192 million tons of bisphenol A / year.
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    It is predicted that the Asian market (excluding Japan) will be 10% ~ 11% average annual growth rate of bisphenol A leading global market; the U.S. market is expected to bisphenol A 3.5% average annual growth rate of 4%; Europe rapid growth of the market, will reach an annual average of 6% to 7%.


    Last year the United States as strong demand for polycarbonate and epoxy resin, bisphenol A device driving the operating rate of more than 95%. However, the United States first 8 months of this year, as production fell by 5% epoxy resin, resulting in epoxy resin of bisphenol A in consumer demand will fall, demand for polycarbonate of bisphenol A will continue to maintain strong growth.