Global supply and demand analysis of acetic acid production

一、Foreign acetic acid production capacity statistics

Name	capacity	In the area	partner	The downstream
Malaysia BP	60	Malaysia	Malaysia   petroleum
Lotte   Co., Ltd BP	50	Korea	Lotte   Co., Ltd	200,000   tons of vinyl acetate
Taiwan   BP	40	Taiwan	Taiwan   petroleum
UK   BP	60	UK
USA   BP	50	USA
Celanese   USA	140	USA
Celanes     Singapore	60	Singapore
Leander	60	USA
Isman	60	USA
Taiwan Changchun	70	Taiwan
Daicel   Corporation	45	Japan
Sipchem	46	Saudi Arabia		50,000   tons acetic anhydride
Eurochem	18	Russia
Fanavaran   PC	15	Iran
GNFC	15	India
MSK	10	Poland
Total	799

1.The production capacity of acetic acid in foreign countries is about 8 million tons, including 2 million tons in celanis and 2.6 million tons in BP. The two companies total 4.6 million tons, accounting for 58% of the total in foreign countries.

2.The total output of the United States is 3.1 million tons, accounting for 38% of the total, and the total output of the United Kingdom is 600,000 tons, accounting for 8% of the total.

3.Asia's total output is 4.01 million tons, about 50% of the total.

二、Indian market supply and demand

1.India is a country with a relatively poor resources, 80% need to import natural gas, crude oil needs to import 80-90%, the current domestic has a set of 150000 tons of acetic acid production device, basic reaches producing acetic acid demand in 2017 about 973000 tons, demand growth in a 4-5% in recent years, mainly in acetic anhydride and PTA industry, imports of 823000 tons in 2017.

 

2.Downstream demand structure of Indian market:

 

Trades	Capacity	output	rate of operation	Acetic acid demand	remark
Ethyl acetate	60	45	75%	32.5
PTA	658	500	76%	22.5
acetic anhydride	15	15	100%	19
Double   ketene	5	5	100%	9	A   national installation
chloroacetic acid	30	9	30%	6.3
Pharmaceuticals   and others				8	The   pharmaceutical industry is   highly developed
Total				97.3

 

3.Distribution of major importing countries in India

 

Importing countries	quantity	Percentages	remark
Malaysia	20	25%
Singapore	20	25%
China	37	45%
Middle East (Saudi Arabia)	5.3	5%
Total	82.3	100%

三、Statistics of acetic acid production capacity in China

1.Domestic acetic acid production capacity statistics

 

manufacturer	In 2017				remark
	Capacity	output	The amount of goods	rate of operation
Jiangsu   Sopo (Group) Co., Ltd.	140	120	102	86%
Celanese (Shanghai) International Trade   Co., Ltd.	120	76	40	63%
Shanghai Huayi (Group) Company98	120	110	100	92%
YARACO   Company	40	39	34	98%