Research and Development Forecast of China Propylene Market, 2013-2015

In 2012, the total global production capacity of propylene was about 104 million tons; the cracking propylene accounted for 57% of the total production capacity; refinery propylene accounted for 33% and the propylene with other processes account for about 10%. Asia, North America and West Europe etc. have been always the world most concentrated production places of propylene. As the domestic ethylene and large refinery projects are controlled by the national macro policy, coupled with the difficult implementation of the crude oil source of small refinery enterprises, the domestic propylene production is highly monopolized. In 2012, China's total production capacity of propylene was about 17 million tons, the devices of which mainly concentrated in the top two groups, namely Sinopec Group and CNPC, accounting for about 90% of China's total production capacity. In addition, CNOOC has a set of propylene device with the production capacity 500,000 tons per year; some subor

Original Post Research and Development Forecast of China Propylene Market, 2013-2015