Drying equipment

China a net drying, the operation of the first half of the industry

(I) Production

From January to June, the added value of the oil and chemical industries increased by 7.88% year-on-year. The chemical industry grew by 11.8%, with the growth rate down 0.2% year-on-year and 0.4% slower than the first quarter.

Product output increased steadily. From January to June, the output of crude oil was 104 million tons, a year-on-year increase of 4.28%; natural gas was 56.41 billion cubic meters, an increase of 8.93%; crude oil processing volume was 237 million tons, an increase of 4.11%; chemical fertilizer (recovered from purification) was 40.176 million tons, an increase of 8.6%. Potash fertilizer increased by 20.1%; pesticides (100%) 1.633 million tons, an increase of 4.7%; caustic soda 14.06 million tons, an increase of 4.7%; soda ash 12.15 million tons, a decrease of 0.3%; calcium carbide 108.84 million tons, an increase of 10.5%; ethylene 794.5 million Tons, an increase of 4.6%; primary form of plastic 28.310 million tons, an increase of 7.8%; synthetic fiber monomer 11.727 million tons, an increase of 7%; synthetic rubber 1.977 million tons, an increase of 6.1%; rubber tire tires 460 million, an increase of 7.7% .

(II) Economic Benefits

From January to June, the main business income of the petroleum and chemical industry was 6.12 trillion yuan, an increase of 9.2% year-on-year, accounting for 12.8% of the industry above designated size; the profit was 385.11 billion yuan, an increase of 9.2%; the tax paid was 420.51 billion yuan, an increase of 5.2% %; sales profit rate 6.3%. Among them, the main business income of the chemical industry was 3.80 trillion yuan, an increase of 13.4% year-on-year; the total profit was 172.7 billion yuan, an increase of 10.6%; the tax paid was 105.2 billion yuan, an increase of 11%; and the sales profit margin was 4.5%.

Industry efficiency growth differentiation. From January to June, profit from special chemical products, basic chemical raw materials and rubber products ranked the top three, which were 47.15 billion yuan, 31.74 billion yuan and 26.35 billion yuan respectively, accounting for 27.3%, 18.4% and 15.3% of the chemical industry respectively. Profits of pesticides, synthetic materials, and rubber products increased rapidly, with growth rates of 43.5%, 23.6%, and 20.7%, respectively. Profits from fertilizer manufacturing dropped by 19.5%. Among them, nitrogen fertilizer, phosphate fertilizer, and potassium fertilizer decreased by 42.4%, 42.2%, and 16.6%, respectively.

(III) Investment in Fixed Assets

From January to May, the investment in fixed assets of the petroleum and chemical industries was 605.37 billion yuan, a year-on-year increase of 17.9%, an increase of 0.5 percentage points from January to April, but still lower than the national fixed assets investment by an average of 2.5 percentage points. 4935 new projects were started, an increase of 3.5% year-on-year. Among them, the investment in the chemical industry was 453.32 billion yuan, a year-on-year increase of 16.5 percent, 0.6 percentage point lower than that of January-April, accounting for 74.9% of the total investment in the industry. The number of new projects started was 4,498, an increase of 3.6%.

The investment in basic chemical raw materials, chemical fertilizers, coating (paint) materials and synthetic materials is growing faster. From January to May, the investment in basic chemical raw materials manufacturing industry was 154.39 billion yuan, an increase of 24.6% year-on-year, and continued to grow at the highest rate, accounting for 34.1% of the total investment in the chemical industry; the investment in fertilizer manufacturing increased by 22.4%, ranking second, accounting for 11.0%; paint and pigment manufacturing industry ranked second with 21.6% growth rate, accounting for 6.2%; composite materials manufacturing investment increased by 21.3%, 8.7 percentage points faster than January-April, accounting for 13.2%; The growth rate of chemical investment reached a new low, only increasing by 0.6%, accounting for 21%.

Investment in the western region continued to grow rapidly. From a regional perspective, from January to May, the investment in the eastern region increased by 18.8% year-on-year, accounting for 51.9% of the total investment in the industry in the country; the investment in the central region increased by 14%, accounting for 23.1%; the investment growth in the western region was 27.2%, compared with 1 to Accelerated by 4 percentage points in April, accounting for 25%.

(IV) Import and Export Trade

From January to May, the total import and export volume of the industry was 261.8 billion U.S. dollars, down 1.3% year-on-year; import volume was 192.36 billion U.S. dollars, down 3.2%; and exports were 69.45 billion U.S. dollars, up 4.6%. Among them, chemical import and export volume totaled 131.56 billion U.S. dollars, an increase of 1%; import volume reached 75.52 billion U.S. dollars, which was basically the same as last year, accounting for 39.3% of the industry's total imports; exports accounted for 56.03 billion U.S. dollars, up 2.2%, accounting for 80.7% of the industry's total exports.

The growth rate of crude oil imports declined and natural gas continued to grow rapidly. From January to May, China imported 116 million tons of crude oil, which was a year-on-year drop of 2%. Imports amounted to 91.45 billion US dollars, a decrease of 9%. The import of natural gas was 14.876 million tons, an increase of 44.8%; the import value was 8.13 billion US dollars, an increase of 44.3%.

The export of bulk chemical products is basically stable. From January to May, the export of organic chemicals was US$14.93 billion, an increase of 4.1% year-on-year, accounting for 26.6% of chemical exports; and the export of rubber products was US$17.27 billion, an increase of 3.3%, accounting for 30.8% of chemical exports.

Second, the main problems

(1) The operating costs of the company increase and the profits are squeezed. With the improvement of environmental protection standards and upgrading of refined oil products, the refining and chemical companies must increase their investment in environmental protection such as desulfurization, denitrification, and dust removal. Natural gas price adjustment will increase the cost of some fertilizer companies that use natural gas as raw materials. The overall sales price of products was low, and the profits of some industries were further compressed.

(II) Some products are under pressure from overcapacity and market competition has intensified. In the first half of the year, industries with excess capacity such as soda ash and phosphate fertilizers were losing money. Many products were operating near the cost line. For example: In the first half of the year, the average price of caustic soda (caproline) market was between 2700 and 2800 yuan, which was the lowest in two years; the average price of soda ash was always fluctuating below 1,400 yuan, hitting a new low for more than three years. The large-scale development of shale gas in the United States has led to a drop in the prices of raw materials and energy, and the export of cheap petrochemical products in the Middle East, which has caused greater pressure on the domestic profits of similar products.

Third, the industry economic situation in the second half

According to the macro data released by the Statistics Bureau, China’s macro-economy will continue to maintain a stable operation, the manufacturing industry will continue to expand, and the external demand situation will remain grim. The decline in PPI shows that the demand in the industrial market remains weak.

From the perspective of the upstream and downstream industries, international oil supply and demand remained slightly relaxed, oil prices tended to be stable, and the auto industry experienced relatively strong growth. Although the real estate industry was still weak, it was good and last year; the textile industry remained stable; plastic products increased year-on-year.

Based on the above analysis, for the overall judgment in the second half of the year, the industry will continue the situation in the first half of the year and continue to maintain a stable operation.

Cylinder Paper Making Machine

Cylinder mould paper machine is suitable for making the paper that has low requirement, which the web width is less than 4000 mm; the working speed is less than 200m/min.Now it is mainly used to produce corrugated paper, cardboard paper, coated white board, grey bulk board, bobbin paper and sanitary paper.


Fluting Paper Machine,Cylinder Paper Machine,Cylinder Mould Paper Machine,Cylinder Former Paper Machine

Dandong Tianshin Automatization Technology Co.,Ltd , https://www.ctpmmachine.com

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