• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Cpcif compiles thematic report to ease the overcapacity in eight chemical industries
 

Cpcif compiles thematic report to ease the overcapacity in eight chemical industries

on

  • 140 views

 

Statistics

Views

Total Views
140
Views on SlideShare
140
Embed Views
0

Actions

Likes
0
Downloads
0
Comments
0

0 Embeds 0

No embeds

Accessibility

Categories

Upload Details

Uploaded via as Microsoft Word

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Cpcif compiles thematic report to ease the overcapacity in eight chemical industries Cpcif compiles thematic report to ease the overcapacity in eight chemical industries Document Transcript

    • CPCIF compiles thematic report to ease the overcapacity in eight chemical industries Summary: In Dec. 2013, the CPCIF finished the Thematic Research Report on Defusing Overcapacity of the eight chemical industries that are most affected by overcapacity. The report, which has not been released to the public, has been submitted to the NDRC and a series of related organizations for approval. Measures may be taken to defuse the overcapacity problem of the eight chemical industries. Tag: Phosphorus ore, yellow phosphorus, phosphate fertilizer, fine phosphate chemicals In early Dec. 2013, the China Petroleum and Chemical Industry Federation (the CPCIF) finished the compiling of the Thematic Research Report on Defusing Overcapacity (the Report). The Report documents the overcapacity problem and makes recommendations for the eight chemical industries that are most affected by the overcapacity problem, namely oil refining, nitrogen fertilizer, ammonium phosphate, chlor-alkali, sodium carbonate, calcium carbide, carbinol and silicon fluoride, according to CCM’s Phosphorus Industry China Monthly Report 1401. The Report has been submitted to the National Development and Reform Commission (the NDRC), the Ministry of Industry and Information Technology of People's Republic of China (the MIIT), the National Energy Administration (the NEA), and the State-owned Assets Supervision and Administration Commission of the State Council (the SASAC). It has been distributed to regional industrial associations and industrial competent departments. The Report will be released after it has been unanimously approved by the relevant departments and authorities. There are four general features of the overcapacity situation in the above mentioned eight chemical industries. Firstly, these industries are mainly traditional and basic industries. There is also a trend that some emerging industries are also becoming threatened by overcapacity. Secondly, the overcapacity in these industries is largely the result of structural problems—oversupply for low-end products and a supply shortage for high-end products. Thirdly, there are still too many small and uncompetitive companies in these eight industries. In other words, the degree of concentration in these industries is not high enough. Finally, the proportion of backwards production capacity involving antiquated methods in these industries remains high. Take the domestic calcium carbide industry for example, the use of internal combustion furnaces for production still accounts for 40% of the total calcium carbide production capacity. Although the export tariff imposed on phosphate fertilizer will be sharply reduced in 2014, the domestic industry will remain encumbered with the issue of overcapacity for several years. Overcapacity is a root problem faced by China's phosphate fertilizer industry. In the first 11 months of 2013, the production volume of phosphate fertilizer was steady, while the export volume of DAP, which accounts for the majority of phosphate fertilizer exports, decreased by 16.48% compared with the corresponding period in 2012. Meanwhile, there was new DAP production capacity, with about 1 million t/a put into operation in 2013. Therefore the
    • overcapacity in ammonium phosphate, which traditionally accounts for 80% of the production volume of the entire phosphate fertilizer industry, worsened during 2013. The direct purpose of the Report is to reduce the ammonium phosphate fertilizer production capacity. The CPCIF has targets to reduce the overall production capacity of DAP from nearly 20 million t/a in 2013 to 15 million t/a, and the production capacity of MAP from nearly 17 million t/a in 2013 to 12 million t/a by 2015. The long-term purpose of the Report is to stimulate the phosphate fertilizer industry towards integrating, transforming and modernizing the industry. The major challenge that the phosphate fertilizer industry faces is how to achieve the targets that have been set by the CPCIF. In the Report, some measures will probably be included, such as setting standards and thresholds to weed out backward production capacity and the rejection of applications for investment into new ammonium phosphate projects. However, the government's policies will only have a minor and temporary effect. Any major integration or upgrade in China's phosphate fertilizer industry will depend on the private enterprises themselves. Private enterprises will need to adjust their product structures and drive technological innovation so that phosphorus resources are comprehensively used. Table of Contents of Phosphorus Industry China Monthly Report 1401: Newyangfeng Fertilizer approved to be listed by back door listing Tianjin Tanyi develops a new technology to produce MKP by using yellow phosphorus tail gas CPCIF compiles thematic report to ease the overcapacity in eight chemical industries Phosphate fertilizer export tariff to be sharply reduced in 2014 New standard to regulate domestic single superphosphate market in 2014 Batian to invest in a giant synthesis ammonia project in Weng'an County, Guizhou Province Kainlin Group to start the integration project of phosphorus and coal chemical industry in H2 2014 The first phosphate complex in South East Asia to be built in Malaysia Yidu Dajiang to upgrade its phosphate compound fertilizer production devices Iodine recycling item of Kailin Mining & Ferilizer to be put into operation in Feb. 2014 International trade of phosphate chemicals in Nov. 2013 Market review of prime phosphate chemicals in Dec. 2013 Price monitoring of phosphate chemicals in Dec. 2013 Phosphorus Industry China Monthly Report, issued by CCM on 15th, keeps providing the latest company dynamics related to China’s phosphorus industry, and market analysis on supply and demand, import and export as well as global insight. About CCM CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and
    • Consultancy Service. For more information, please visit http://www.cnchemicals.com. Guangzhou CCM Information Science & Technology Co., Ltd. 17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China Tel: 86-20-37616606 Email: econtact@cnchemicals.com