Basic chemicals Scope of application (soda ash, pearine, oxalic acid, sodium tripolyphosphate, sodium metasilicate pentahydrate, trisodium phosphate, carboxymethyl cellulose, sodium dichloroisocyanurate, sulfamic acid) soda ash chemical industry - for the water glass, Basic Chemicals sodium dichromate, sodium nitrate, sodium fluoride, baking soda, borax phosphate and so on.
Metallurgical industry - used as a smelting solvent, beneficiation flotation agent, steelmaking and antimony for desulfurizer.
Printing and dyeing industry - used as a softener.
Tanning industry - used as raw material skim degreasing, neutralizing chrome tanned leather and improving chrome tanning liquid alkalinity.
In the next five years, the annual production capacity of basic chemicals will increase by about 113 million tons, of which ethylene, propylene and methanol will have more than 30 million tons of new capacity. In addition, the production capacity of p-xylene, benzene and chlorine Will grow. Basic Chemicals At the third Asian Chemical Conference held in Singapore recently, the analysis of basic chemicals in the relevant regions and countries was analyzed.
From 2010 to 2020, the top five countries with basic chemical production capacity are China, the United States, Saudi Arabia, South Korea and India, with a total generating capacity of 230 million tonnes, of which China accounted for 45% of new capacity. Alam pointed out that China is building a huge production base, and hope that as far as possible through the localization of raw materials to achieve their own supply. Basic Chemicals China's strategy is to gradually reduce the dependence on the outside world. This strategy makes China and the rest of the world a huge difference in capacity growth. The United States once again become a hot spot for basic chemicals investment, because the North American shale revolution to the price advantage of the supply of natural gas raw materials is very abundant, a large number of global investment after another, thus driving the industry again active. He predicts that by 2020 the United States will increase the basic chemical capacity of about 30 million tons.
Alam said global chemical investment peaked in 2013-2015. 2014 total investment of about 125 billion US dollars, is expected in 2015 a total investment of about 120 billion US dollars. From 2015 to 2019, Asian chemical investment will slow down, Basic Chemicals mainly China is slowing investment, while North American investment will continue to grow, the Middle East investment will remain stable. Overall, Basic Chemicals the future of world chemical production capital investment will maintain a relatively low level, 2019 global chemical investment is estimated at 80 billion US dollars.
Trade is very important for basic chemicals and derivatives industries. Alam said that in the past 10 years, the world's chemical industry to build a number of low-cost production centers, and trade through the way to transport products to high demand areas. Trade can be said to be the core of the supply chain. Such as the United States and Saudi Arabia, these low-cost chemical manufacturers will continue to export all kinds of chemicals. Logistics infrastructure is particularly important in supporting trade activities, Basic Chemicals and in order to support the ever-increasing volume of trade, significant investment must be made in shipbuilding, port and infrastructure construction.
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