กก

 

Any enquiry, please contact 86 21 3422 5163 or email consult@smt-asia.com 

Home About SMT Research Consulting Training Contact Us
กก
SMT-ASIA.com A research and consulting firm specialized in Asian chemical markets
 
Industrialization of Hydrogenated Hydrocarbon Resin Technology Grows Significantly in China
2016/2/15

Hydrocarbon resin or HCR production typically uses C5 or/and C9 cut fractions from ethylene facilities as major feedstock. HCR is further hydrogenated to yield high-end products which are widely used in quality adhesives and paints & inks.
Before 2015, hydrogenation technology was seen as a barrier in China hydrocarbon resin market and Lanzhou Petrochem under PetroChina was the only local H2HCR resin supplier among 70 plus hydrocarbon resin producers.
However, an apparent breakthrough in this area has been found and a couple of local producers have been setting their H2HCR plants.
Ningbo Henghe Materials & Science Technology set up a 10 KMT/a hydrogenated C5 resin facility in Ningbo in the beginning of 2015
Zibo Luhua Hongjin New Materials  invested to build up a 10 KMT/a hydrogenated C9 resin plant in Tianjin and put it into operation in May 2015
Hebei Qiming Chemicals & Science Technology  set up a H2HCR plant in May 2015
Panjin Heyun Group  put its 2 KMT/a  hydrogenated C9 resin facility into normal operation in mid-2014; with further expansion in 2015, the facility capacity now is claimed to be 30 KMT/a
In Shandong Qilong Chemical , it is claimed that the construction of a 20 KMT/a hydrogenated C9 resin plant is underway
Some other investments on this sector have also been ongoing or scheduled.
Whether these newly-setup local facilities are technologically competitive or not remains to be seen.


------
Disclaimer: While SMT makes every effort to provide unbiased and objective market descriptions on all its articles, reliance on information, material, advice, or other recommended resources, appeared on SMT View and Perspective shall be at your sole risk, and Shanghai SMT Management Consulting Co., Ltd. assumes no responsibility for any errors, omissions, or damages arising. Readers of SMT View and Perspective are encouraged to confirm information with other sources, and to seek further advice if embarking on any actions that could carry personal or organizational liabilities.
 
About SMT: Shanghai SMT Management Consulting Co., Ltd. is a Shanghai-based market research and consulting firm, serving chemical companies targeting Asian growth economies. Our activities include daily market research on a core group of chemical sectors and their application industries and corporate consulting by delivering innovative and pragmatic intelligence and solutions for management decision-making. For further information, please visit our website www.smt-asia.com

กก