China And Thailand Petrochemical Annual Output Of 1 Million 200 Thousand Tons Of Projects Will Be Put Into Operation PTA Capacity Growth To Suppress Future Trends

Recently, the Xinjiang Korla Zhongtai petrochemical limited liability company (hereinafter referred to as "China and Thailand petrochemical") annual output of 1 million 200 thousand tons of PTA project commissioning test concluded, marking the PTA device linkage trial work is about to start, for the PTA device commissioning test to help fuel.

It is understood that China and Thailand petrochemical in accordance with the production preparation node plan, in order to test the installation quality and equipment performance of chemical pumps, slurry pumps, lubricating oil stations and other equipment installed in the PTA main device, carry out single machine commissioning for each unit.

China and Thailand Petrochemical set up a working group for single machine commissioning, and actively promote the construction of the plant according to the plan. Through daily meetings, special meetings, technical disclosure, etc., the contents of the single machine commissioning plan, area, procedure and work type are implemented, and the construction tasks are arranged into teams and groups, and the time limit plan is refined to the day to ensure the normal operation of the single engine trial run. At the same time, the relevant responsible departments, according to the commissioning plan compiled by the construction and construction units, confirm by one platform, cooperate actively with all participating units, track the progress of the trial throughout the whole process, coordinate the problems occurring during the commissioning process, and ensure the smooth completion of the trial run.

According to the equipment supervisor of Sino Thai Petrochemical Machinery and power plant, before the commissioning of the unit, the relevant staff of the Sino Thai Petrochemical Company should confirm that the lubrication and sealing water system is working properly, and set up a warning line around the test equipment of the single machine, and sign the trial confirmation list. After the close cooperation of all the participating units, Zhongtai Petrochemical has overcome the difficulties of harsh trial conditions, heavy tasks and tight time, and finally completed the single machine commissioning of key areas such as oxidation section and refining section as scheduled.

China and Thailand Petrochemical chairman said that the annual output of 1 million 200 thousand tons of PTA project focus has gradually shifted from the project construction to the preparation of the drive. The company has poured all the working hours around the commissioning test, and has delineated markings for the smooth completion of the combined transportation, hot intermodal transportation, reverse driving, commissioning and commissioning.

Under the background of rapid growth of production capacity, PTA wants to turn upside down? Hard!

In 2019, the PTA industry welcomed the peak of production. The four quarter of this year, the new Feng Ming and Hengli petrochemical installations planned to be launched, were the focus of the market. The two devices originally planned to be put into operation in October and are postponed to November and December respectively.

After the National Day holiday, Hengli Petrochemical started to turn over two PTA production lines. In addition, there were overhaul schemes in 10 to November, including Han Bang petrochemical, Ya Dong petrochemical and Honggang petrochemical. According to the 15 day maintenance cycle, the output loss caused by the overhaul during the year is about 500 thousand tons, which still can not completely offset the increment of the new capacity released during the year.

According to the current average operating rate of polyester plant 90%, the existing PTA capacity has been relatively surplus. In the late PTA productivity growth background, the industry overcapacity phenomenon will become increasingly evident.

In the four quarter, with the coming of PTA's new production capacity approaching, oversupply of industry is expected to be strengthened, and market bullish confidence will be suppressed. Although there are many plans for overhaul during the year, the intensity of supply side reduction is relatively limited. At the same time, the downstream market performance is not good enough to effectively pull the market demand. Therefore, the price of PTA in the future market is weak. (text: refining and chemical industry, futures daily)