First, the rising price of raw materials industry profitability reducedAs shown in the figure above, since 2024, the combined profit of PO transesterification propylene glycol and dimethyl carbonate has been below the cost line for a long time. Recently, with the rise in the market price of propylen
In 2024, the propylene glycol industry is in a period of centralized capacity expansion, and in the first half of the year, the new capacity at home and abroad is 261.25 million tons/year, an increase of 31.3%, and the propylene glycol market is adequately supplied. The raw material propylene oxide