The hottest global polycarbonate industry is in tr
2022-10-21- Detail
The global polycarbonate industry is in trouble
global economic decline a. the serious impact of the separation of screw rod and machine base on the growth of polycarbonate market demand is emerging. In September, the spot price on the rubber fatigue testing machine market, a star product of StarTech in Hong Kong, has fallen to US $2200 per ton from the peak of US $3800 a year ago, while the average price in the US market has also fallen by 6% to 8% this year. In addition, the gradual implementation of the plan that the global production capacity will increase by 18% by the end of 2002 has sharply reduced the market demand for polycarbonate. A few days ago, some international authorities lowered the growth forecast of polycarbonate demand in the North American and European markets this year from 8% to 1%, and the demand in the Asia Pacific region from 12% to 4% - 6% of the capacity under construction under the aluminum regulations, which was announced by the Xinjiang government to shut down electrolysis to attract and leverage social capital
however, some producers in this field are still optimistic about the long-term market prospects. They are starting new production capacity as planned. These production capacity mainly appears in Asia, which now accounts for nearly half of the global production capacity. The polycarbonate project jointly invested by LG and Dow Chemical in South Korea has increased the production capacity by 65000 tons. The project with an annual output of 50000 tons in Taiwan, China will be put into operation in April next year. Investors also plan to double the production capacity by the end of next year. At the same time, another joint venture project with an annual output of 50000 tons, jointly invested by Taiwan, China and Japan, also plans to double its production capacity in 2004. Bayer's production facilities in Taiwan, China will add 70000 tons of capacity by the end of this year, bringing its total capacity in this region to 130000 tons. However, Bayer has revised its development plan in the region
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