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Company News: Page (1) of 1 - 11/10/12 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page

China Ethylene Oxide (EO) Industry Forecasts 5 million tons by 2015 in New Research Report   By PRWEB

Dallas, Texas (PRWEB) November 11, 2012

Ethylene oxide (EO) is an organic heterocyclic chemical ranking only second to polyethylene (PE) and polyvinyl chloride (PVC) among ethylene industrial derivatives, with extensive applications in the production of ethylene glycol (EG), surfactant, polycarboxylate water reducer, ethanolamine, etc.

In 2011, the ethylene oxide capacity approximated 27.5 million tons around the globe, mainly in Asia-Pacific, North America, Middle East, etc.; the consumption reached 22.5 million tons approximately, in particular, Asia featured the largest consumption. During 2005-2011, the capacity of ethylene oxide and commodity ethylene oxide presented rapid growth tendency in China, and reached 4.043 million tons and 1.653 million tons respectively by the end of 2011. Over 50% capacity was distributed in East China, corresponding to the supply and distribution characteristics of raw material ethylene. In 2011, 34.5% of Chinas ethylene capacity was distributed in East China, approximating 52.82 million tons; the apparent consumption amounted to 16.33 million tons.

At present, the domestic EO facilities all co-produce ethylene glycol basically. In 2011, the consumption of Ethylene Oxide in China approximated more than 2.6 million tons, in particular, the EO consumed by ethylene glycol contributed 68% or so, followed by nonionic surfactant, with share approximating 8%. Along with the expansion of application width and depth, it is predicted that consumption of EO will reach 5 million tons by 2015, with AAGR between 2011-2015 hitting 17.5%.



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