Xin Lang Cai Jing·2025-11-12 04:38Core Insights - 2025 is projected to be a significant year for China's POE industry, with multiple companies commencing production and accelerating project developments, indicating a shift in capacity from coastal to central and western regions [1] Company Summaries - Shenghong Petrochemical (Dongfang Shenghong) - Capacity: 100,000 tons/year - Production Start: Successfully commenced on August 17, 2025, with official mass production announced on September 4, 2025 - Product Development: Delivered first batch of 320 tons of high-quality products, developed 18 grades for various applications [2] - Dingjide - Capacity: 200,000 tons/year (Phase I) - Current Progress: First shipment of 4,887 tons of ethylene received on September 10, 2025, marking countdown to production [2] - Wanhua Chemical - Existing Capacity: 200,000 tons/year (Phase I, to be operational by June 2024) - Expansion: Accelerating construction of a 400,000 tons project, expected total capacity of 600,000 tons/year by end of 2025 [2] - Maoming Petrochemical (Sinopec) - Capacity: 50,000 tons/year - Production Start: Successfully tested in April 2025 - Strategic Importance: Aims to fill domestic technology gaps in POE production [2][3] - Jiangsu Hongjing - Capacity: 100,000 tons/year - Current Status: Expected to start trial production in June 2025, aiming for full operation by year-end [2] - Ningxia Baofeng Energy - Planned Capacity: 200,000 tons/year POE - Current Status: Environmental assessment publicized in May 2025 [2] - Ningxia Kaixin Energy - Planned Capacity: 300,000 tons/year POE - Project Status: Environmental assessment publicized in May 2025, awaiting final approval [2] - Fuhai Tangshan Petrochemical - Planned Capacity: 100,000 tons/year POE - Project Progress: Environmental assessment publicized on June 10, 2025 [2] - Zhejiang Petrochemical - Planned Capacity: 400,000 tons/year POE - Latest Update: Engineering design kickoff meeting held on June 25, 2025 [2] - Lianhong Xinke - Project Status: Expected completion by end of 2025, with production in 2026 [2] - Tangshan Xuyang Chemical - Project Scale: 1,000 tons/year POE pilot project in collaboration with Shuang'an Company [6] - Satellite Chemical - Project Scale: Investing 15 billion yuan in a green chemical new materials industrial park, with plans for 100,000 tons/year POE production [6] - Beouyi - Historical Significance: Set to complete China's first industrial POE facility (30,000 tons/year) by December 2023 [8]