Overview - Propylene Tetramer (四聚丙烯) is an organic compound with the chemical formula C12H18, primarily used in the production of various chemical products such as acrylonitrile-butadiene-styrene (ABS) and butadiene rubber [1] Market Demand and Growth - The demand for propylene tetramer is expected to grow steadily, with a projected demand of 176,500 tons and a market size of 5.334 billion yuan in 2024 [1] - High-performance propylene tetramer is expected to account for approximately 33.43% of the market, while general-purpose propylene tetramer will make up about 66.57% [1] Industry Applications - High-performance propylene tetramer is widely used in aerospace and high-end electronics due to its excellent chemical resistance and molecular weight distribution [2] - General-purpose propylene tetramer is utilized in surfactants and daily consumer products, benefiting from good flexibility, processing performance, and cost advantages [2] Technological Development - The number of patent applications related to propylene tetramer in China reached a peak of 11 in 2023, indicating a significant increase in technological advancements [4] - Companies are investing in research and development to improve product quality, reduce production costs, and minimize environmental pollution [4] Industry Chain - The upstream of the propylene tetramer industry includes suppliers of raw materials such as propylene and catalysts, while the midstream consists of production companies [6] - The downstream market primarily uses propylene tetramer for synthesizing various products, with the largest consumption being for the production of 24-carbon alkenes, accounting for 21.98% of usage in 2024 [7] Competitive Landscape - The propylene tetramer industry in China has relatively few participants, leading to a more relaxed market competition [9] - Key players include Hebei Xinxinyuan Energy Co., Ltd., Guangdong Renkangda Material Technology Co., Ltd., and others, with many companies primarily using their production for internal purposes rather than external sales [9] Future Trends - Companies are expected to increase R&D investments to develop high-value-added products to meet the demands of high-end manufacturing [13] - Environmental policies are becoming increasingly influential, prompting companies to enhance their environmental facilities and improve production processes to comply with regulations [13]

Core Viewpoint - Fushun Petrochemical's washing and chemical plant is focusing on innovation to enhance its alkylbenzene production capacity and achieve sustainable development in the face of industry challenges [2][3][5] Group 1: Innovation and Production - Fushun Petrochemical's washing and chemical plant has achieved record-high alkylbenzene production in recent years, with a goal to further increase production by 2025 through innovation [2] - The plant has developed a new high-activity dehydrogenation catalyst, DPt-1, which has improved dehydrogenation conversion rate by 1.3% and selectivity by 3% after 90 days of industrial application [2] Group 2: Transformation and Upgrading - The plant is addressing challenges such as aging equipment and limited product variety by implementing an alkylbenzene energy efficiency enhancement project, which includes upgrading 64 pieces of equipment [3] - The project aims to increase overall production capacity while significantly reducing natural gas consumption and carbon dioxide emissions, contributing to green and low-carbon development [3] Group 3: Digitalization and Efficiency - The washing and chemical plant has undergone digital transformation, achieving smart control of production lines, which enhances operational efficiency [4] - The introduction of smart inspection devices has reduced inspection time by 10 minutes per session, improving overall work efficiency for employees [4] Group 4: Strategic Development - The recent mid-year work meeting emphasized the importance of high-end product development and innovation-driven growth, indicating a strategic shift towards high-end specialty products [5]

Group 1 - The industrial added value of Fushun City increased by 11.9% from January to May, with significant growth in industrial technological transformation investment by 56.5% and high-tech manufacturing investment by 85.4% [1] - A total of 132 new projects were initiated, representing a year-on-year increase of 25 projects or 23.3% [1][2] - Fushun City is focusing on project construction to support economic growth, with 510 key projects planned for the year, including 17 provincial-level key projects [2][3] Group 2 - The city has successfully transformed from a coal resource-depleted area to a greener and smarter urban environment, with significant improvements in land previously used for mining [2] - The city is implementing a "green channel" for project approvals and providing greater support for financing, energy use, and land allocation to facilitate project construction [3] - Fushun has been recognized as a national pilot city for the digital transformation of small and medium-sized enterprises, establishing 30 digital workshops and smart factories [4] Group 3 - Fixed asset investment in Fushun has shown continuous double-digit growth for five consecutive months, with a growth rate of 14.1% from January to May, placing it among the top in Liaoning Province [2][4] - The city has successfully secured 7.4 billion yuan in central funding to support 13 key projects, with significant investments in underground pipeline construction [3]

Group 1 - The city of Fushun in Liaoning Province has successfully transformed from a coal resource-dependent economy to a greener and smarter urban environment, showcasing significant industrial growth and investment [1][2] - From January to May, Fushun's industrial added value increased by 11.9%, with industrial technological transformation investment rising by 56.5% and high-tech manufacturing investment soaring by 85.4% [1] - The city has initiated 132 new projects, representing a year-on-year increase of 25 projects or 23.3% [1] Group 2 - Fushun has been recognized as a national pilot city for the digital transformation of small and medium-sized enterprises, establishing 30 digital workshops and smart factories, along with two provincial industrial internet platforms [2] - The city has developed 44 green manufacturing units, including one national-level green industrial park and five national green factories, with Fushun Special Steel aiming to become a leader in carbon peak initiatives [2] - Fixed asset investment in Fushun has achieved double-digit growth for five consecutive months, positioning the city among the top in Liaoning Province [2]