Driven by the booming market, resource advantage and Chinese government's encourage, China's PVDF industry will maintain rapid growth during the 12th Five year Plan Period (2011-2015).
Guangzhou, Guangdong -- (SBWIRE) -- 05/18/2012 -- China's PVDF industry developed rapidly from 2006 to 2011 and it will maintain rapid growth during the 12th Five-year Plan Period, driven by the booming market, resource advantage and Chinese government's encourage, according to CCM’s April Issue of China Fluoride Materials Monthly Report.
With a booming market, China's PVDF industry has grew rapidly from 2006 to 2011. In 2010, the total capacity of PVDF has reached 6,000t/a, sextuple of that in 2006. Simultaneously, the output of PVDF has soared from 300 tonnes in 2006 to 4,400 tonnes in 2010.
In 2011, because some new production lines of PVDF came into operation, the capacity of PVDF soared to 13,500t/a, and its output soared to 8,400 tonnes. In March 2011, Arkema (Changshu) Chemicals Co., Ltd. (Arkema Changshu) launched a new PVDF production line with capacity of 5,000t/a, accounting for 37% of the total in China. Moreover, the PVDF capacity of Shanghai 3F New Material Co., Ltd. (Shanghai 3F) has also reached 5,000t/a in 2011.
Nevertheless, driven by the booming market, resource advantage and government's encourage, it's foreseeable that China's PVDF industry will maintain rapid growth during the 12th Five-year Plan Period.
In order to meet the growing market demand for PVDF, some PVDF producers in China has planned to extend the production. On Jan. 6th, 2011, Arkema announced that intending to meet the fast-growing demand for PVDF resins, the company had decided to speed up the development of Arkema Changshu and to increase the plant capacity by 50% by the middle of 2012. It means that Arkema Changshu's PVDF capacity will reach about 7,000t/a in the middle of 2012.
On April 10th, 2012, Miss He, the securities services representative of Shanghai 3F claimed that in order to meet the gradually increasing demand for PVDF, the company will gradually extend the PVDF production capacity to 10,000t/a.
Apart from the booming market, resource advantage and Chinese government's encourage has attracted multinationals to invest in China's PVDF industry.
Kureha Corp. (Kureha), a Japan-based fluorochemical producer, announced in September 2011 that it is to invest USD78.74 million to construct a new factory in Changshu, Jiangsu Province. With a designed capacity of 5,000t/a for PVDF, the construction will start in the next summer and will complete in spring 2014.
Solvay Group, a Belgium-based high-performance specialty polymers producer, announced in June 2011 that it had launched a project to build a specialty polymers production plant for PVDF in China. The plant will be built at Solvay's industrial site in Changshu in Jiangsu Province and is scheduled to become operational at the beginning of 2014.
In recent years, Chinese government has restricted the fluorite export. Therefore, multinationals outside China are facing fluorite resource shortage, especially for those based in Japan. Simultaneously, Chinese government has promulgated some policies and legislations, such as the Guided Catalogue for Industrial Structure Adjustment (2011) and the 12th Five-year Development Plan of China Fluorine Chemical Industry, to encourage the development of fluoropolymer industry in China.
Source: China Fluoride Materials Monthly Report 1204
Main content of China Fluoride Materials Monthly Report 1204:
Dongyue Group to acquire two mining areas' exploration licenses
Zhejiang Juhua to construct production line of HFC-125 with importing technique
Shanghai 3F launches the first phase of HFO-1234yf production for Dupont
Price of HFC-134a to fall in Q2 2012 in China
Zhejiang Yongtai completes the acquisition of 20% share of Yongfei Chemical
The average price of aluminum fluoride remains low in China
China's PVDF industry to maintain rapid growth in 12th Five-year Plan Period
Trend of domestic PTFE price is still downward
Sannong to construct 11,500t/a organic fluoride project
Domestic PTFE fiber to substitute for import product foot by foot
DFD achieves business growth in 2011, LiPF6 to be profit growth point
ANOKY plans to purchase Color Root Hubei
Import and Export analysis of fluoride chemicals in China in Feb. 2012
China Fluoride Materials Monthly Report, a monthly publication issued by CCM International on 20th of every month, covers the sectors on policy & legislation, company dynamic, supply & demand, price update, etc. of China’s fluoride material market. It will help you follow the dynamic throughout the whole value chain immediately.
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