Marketing News

Chinese petroleum resin production capacity will grow rapdily

June 23,2011

Over recent years, demand for C5 petroleum resins in China has risen by an average of 12%/y. Chinese consumption of C5 petroleum resins should grow from 110,000 tonnes in 2004 to 250,000 tonnes in 2011.Applications for the resins include adhesives,traffic paints,coatings, inks, paper sizing agents and rubber anchoring agents.Chinese capacity for C5 petroleum resins reached 170,000 tonne/y in 2009, although world production totalled about 70,000 tonnes.The feedstocks of C5 petroleum resin is C5 fraction from cracker.Chinese ethylene capacity is expected to rise to 18.44 M tonne/y in 2010, enabling C5 resources to reach 2.18 M tonne/y.So we think the Chinese C5 petroleum resin production capacity will grow rapdily in future years.

Source: Henan Harvest

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About Jorry

Sales Director of Henan Harvest Chem Co.,Ltd

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Contact me:

adminMr. Jorry Zhang
Current position: Sales manager of Henan Harvest Chem Co.,Ltd
Website:  www.hnharvest.com
Cell: +86-15803826779
Tel: +86-371-86058571
Fax: +86-371-65350610
Email: Jorry@hnharvest.com
Welcome to send emails to me  for more information!

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