The 4th BDO and Derivatives Development Forum 2014
Time:2014-09-10 -09-11location:shanxi xianshi
There was a time that 1, 4-Butanediol was completely controlled by several international companies, thus the most heard answer from the market was always “out of stock”; and that was the golden age for the then importers. However, like other chemical products, the market cannot stay long in the situation of “high price accompany with shortage in goods”. The juicy profit space is “violently” urging the development of China. As for China today, the most seen market is, mostly, with “increasing excessive productivity”.
Observe the changes of the downstream consumption structure of BDO, we will find that PRMEC still ranks the top priority of the BDO downstream areas. It is estimated that if the later BDO and its supporting downstream devices are continuously put into production, the PRMEC productivity of China Mainland will then be doubled. And consequently, there will be following problems, that is, excessive productivity. While PTMEG is the primary downstream consumption industry, PBT also gained rapidly growing in energy saving lamps and engineering plastics for auto industry. The application of modifier was expanded, and it became the downstream product which gains the fastest growing of the year of 2012. Nevertheless, the problem with excessive productivity also emerged. And the GBL market will see a fierce competition in future with a limited market capacity and a lot of entrants. Under this situation, average operating hour will come down. The productivity increase of PU pulp industry has already shown gradual slowing trend in these years.
As of June this year, the BDO productivity in China Mainland has reached 1.367 million tons with operating productivity 1.011 million tons. In contrast, the demand of 2013 was only 549,000 tons. What will the future for BDO industry be like under such a market with sluggish demand and plenty competitions?
Why attend?
ü Discuss global BDO industry development trend.
ü Focus on the the downstream market, such as THF/ PTMEG/ Spandex/ TPU/ PBT/ PBS/ GBL/ NMP/ NVP/ PVP.
ü Exploring domestic and overseas enterprises.
Event Highlights
- What can the industry do with a soaring productivity?
- Where can the products sold to under such lean demand?
- Double pressure leads to competition or win-win?