Basf Inc is one of the world’s largest chemical company, business covers a wide range of areas, the standardized management, scientific and efficient, safety evaluation system is established by other large enterprises, but still inevitably caused an explosion. Once again that high risk and high risk in petrochemical industry. So usually chemical enterprises must enhance the awareness of production safety, the investigation of various types of security risks, standardize the production process, improve the implementation of responsibility system, to avoid accidents.

(Gade chemical net original please standard source)

The above is for reference only

BASF Germany butadiene plant capacity of 105 thousand tons / year, accounting for only about 3.5% of the total capacity in Europe, impact on the market as a whole or co.. But due to the Asian region year supply tight, the supply of Europe need to supplement, because this device of parking, or exacerbated Europe salable stock resource shortage, part of export goods shipment time delay. But as the weeks of domestic butadiene market bearish atmosphere, at present, BASF device on the domestic market or limited parking butadiene market remained calm.

styrene

Recently, due to the Asian American styrene spread narrowed in Europe, styrene has become one of the main import supply channel in China the fourth quarter. The BASF explosion accident news, offer delivery interval homeopathy go up, the next day’s closing local valuation compared to early October lows pull up nearly 70 U.S. dollars / ton, $969 / ton FOB Rotterdam.

At present, BASF has little effect on the device directly affect the parking domestic chemical market, specifically to see the situation started recovery device.

Introduction: this week the chemical industry big news is the German BASF bombing. At 11:30 the morning local time on October 17th, the world’s largest chemical manufacturers BASF (BASF) its headquarter in Ludwigshafen factory explosion.

As the site of the explosion are piled up large quantities of flammable liquid and high-pressure liquefied gas, quickly triggered a fire. It has been confirmed that 3 people were killed and 8 people were seriously injured, 17 people suffered minor injuries. The degree of pollution of the air and soil of the accident temporarily is not obvious.

The explosion caused fire shut down

at present, by season coming, some manufacturers of food grade L-carnitine in the market downturn trend, but the recent raw material of epoxy propane prices generally rose driven, L-carnitine prices rose slightly.

In December 21st, Huanggang Huayang Pharmaceutical Co. Ltd. food grade L-carnitine annual production capacity of 1000 tons of equipment operating rate of about 60%, the factory price 103 yuan / kg, the manufacturers offer steady, take the goods in general. Food grade L-carnitine device Liaoning Keshuo nutrition technology limited annual production capacity of 2000 tons, the current factory price 120 yuan / kg, take the goods, prices steady. Kaiyuan Hengtai fine chemical plant food grade L-carnitine price 101 yuan / kg, recently, manufacturers of L-carnitine products take the goods are sluggish, prices steady. Suzhou Huarui Chemical Co., food grade L-carnitine price 120 yuan / kg, take the goods, prices steady. Binzhou City Chemical Co. Ltd. food grade L-carnitine price 100 yuan / kg, the manufacturers take the goods is not smooth, the maximum monthly output of about 60 tons.

In December 23rd, Jiahong chemical salicylic acid industrial grade prices steady, offer 11500 yuan / ton. Shandong xinhualong letter SA industrial grade tax ex factory price of 12800 yuan / ton, pharmaceutical grade tax ex factory price of 19800 yuan / ton, sublimation level tax ex factory price of 16500 yuan / ton. Yongshun Chemical Factory acid industrial grade 13000 yuan / ton, pharmaceutical grade 20500 yuan / ton, the sublimation of 16500 yuan / ton, go off normal.

Overall, the upstream phenol price is affected by raw material prices, the market offer is loose, let go of goods, industry mentality pessimistic. But by the environmental impact of market supply. The expected short-term market dominated by consolidation of salicylic acid in.

recently, salicylic acid market prices remain stable, the current industrial market salicylate mainstream offer price at 12440 yuan / ton. Manufacturers of equipment operating rate is influenced by the environmental protection check to maintain low, on supply and demand is good, no obvious changes in the market price.

In December 22nd, Zhenjiang MaoYuan SA offer industrial grade 12500 yuan / ton, pharmaceutical grade 19800 yuan / ton, 17500 yuan / ton sublimation, normal construction. Ji’nan century Tongda salicylic acid industrial grade maintain price 13500 yuan / ton, sublimation level to maintain price 16500 yuan / ton, pharmaceutical grade price at 20000 yuan / ton. Huajian chemical industrial grade salicylic acid quote price at 12400 yuan / ton, pharmaceutical grade price at 19700 yuan / ton, sublimation grade price at 15200 yuan / ton.

domestic environmental problems remained tense, urea enterprises operating rate continues to decrease.

In December 22nd, the supply of small, cash shortage factors, domestic urea prices stable and slightly upward again. At present Shandong area urea market continues to rise, rose 10-20 yuan / ton, small particles urea mainstream 1520-1600 yuan / ton, large particles 1580-1900 yuan / ton; Linyi market wholesale price of 1610 yuan / ton 1540-1560 yuan / ton, Heze. Henan Yubei received notice, limiting device reduction, individual manufacturers compensatory growth of 20 yuan, is now the mainstream factory price 1520-1550 yuan / ton, the actual number of low-end 1480-1520 yuan / ton, 1450 yuan / ton, affected by the haze, the motor is not smooth. Hebei area small granular urea mainstream price 1470-1510 yuan / ton, 1550 yuan high-end executive. Jiangsu area of small particles of mainstream 1600-1650 yuan / ton, large particles of 1680 yuan / ton, individual manufacturers are still the main export; Pizhou, Xuzhou wholesale 1600 yuan / ton, Yancheng station rose 1680 yuan / ton, the arrival of less. Hubei and Hunan in urea plant under 3, the province did not arrive, light trading, Hubei individual manufacturers continue to rise to 30 yuan, the factory 1600-1620 yuan / ton, Hunan wholesale market 1650-1680 yuan / ton. Northeast urea market without obvious fluctuation, sporadic transactions; Liaoning local and surrounding the main supply, mainstream factory 1490-1520 yuan / ton, for agents around the factory price 1558 yuan / ton, large amount of talk; Jilin market sales almost stagnant, downstream seldom; Heilongjiang mainstream 1490-1520 yuan / ton, the contract for households. Large particles to manufacturers in 1595-1635 yuan / ton, light trading market.

At present, the freight cost pressures, domestic urea upstream raw material coal prices and freight increase rise again. To have increased the price of urea urea of domestic enterprises, is expected in the short term urea market as a whole will appear stable and slightly rising phenomenon.

Three: the fuel cell will usher in the spring

1, a number of car companies launched fuel cell vehicles industrialization plan. Futian OUHUI won 100 hydrogen fuel cell bus orders, become “the realization of a fuel cell electric bus industry, commercial development and operation of the landmark event. In addition there are 5 cars and Futian billion Huatong joint research and development of hydrogen fuel cell electric buses are expected in the future will invest in Beijing bus line. At the same time, the FAW have with domestic companies to launch a new source of power fuel cell logistics vehicles, fuel cell vehicles industry significantly faster.

2, the fuel cell to achieve high efficiency and zero emissions, is the ultimate goal of new energy vehicles. Fuel cell vehicle efficiency than gasoline vehicles is 44% higher than the charging time of lithium battery electric vehicle is greatly reduced, realize high efficiency and zero emissions.

3, the key material breakthrough, industrialization development. China’s proton exchange membrane reached the international advanced level, the domestic new sources of power, Wuhan Polytechnic and Dongyue Group and other companies also have their own R & D of the proton exchange membrane products; Pt metal consumption decreases, the amount of Pt from each 100kW fuel cell catalyst consumption 10 years ago Pt80-100g, reduced to the limit of the 30-50g, the next few years will be further reduced to about 10g, the amount of catalyst cost equivalent to euro V diesel automobile platinum.

4, new energy vehicles duty-free first 7 new fuel cell vehicles, the top-level design is expected to accelerate and promote the development of the industry. In November 25th, the Ministry announced the ninth batch of “vehicle purchase tax exempt from the new energy vehicle models directory”, which includes 1 fuel cell vehicles, 3 fuel cell buses and 3 fuel cell vehicles.

Four: lithium battery materials demand continued rapid growth

1, China surpassed the United States has become the largest new energy vehicle market. 201 years, China surpassed the United States as the world’s largest new energy vehicle market. We expect 2016 sales of new energy vehicles is expected to more than 500 thousand vehicles, sales to maintain rapid growth.

2, China’s new energy vehicles continued to launch new products, to speed up the layout of the market share gradually increased.

Five: OLED lead the future display

1, OLED superior performance, it will replace the LCD screen.

2, a huge market, OLED rich application scenarios. Thanks to the technology breakthrough and improve the yield, the OLED screen production costs decreased significantly, the large-scale application of imminent. IHS data show that AMOLED display shipments will achieve an annual growth rate of 40%, in 2016 reached 395 million.

3, OLED broke out soon, the domestic industry chain need to be improved. At present, the world’s major resources are concentrated in the OLED factory of Korea, Samsung in the global intelligent mobile phone market accounted for 95% of the share of organic screen. In the long run, Chinese, future OLED panel production capacity is considerable.

Epoxy propane Market

1, the industry boom picked up significantly. Since the beginning of 2016, sea of shares, Shandong three Yue, Zhenhai Refining and other enterprises operating rate is more than 100%, the industry boom picked up significantly;

2, further relaxation of export capacity to digest. In November 2015 the Ministry of Commerce, the General Administration of customs and the propylene oxide from the export ban catalog number PO removed, the success of June 2016 exports exceeded 5000 tons;

3, the downstream price linkage, enhanced epoxy propane prices expected.

Two: semiconductor chemicals usher in development opportunities

1, the semiconductor industry to promote the development of electronic chemicals demand. In 2007 the global semiconductor sales totaled $255 billion 600 million, with the development of the semiconductor industry, in 2015 the total sales rose to $335 billion 200 million. The growth of the semiconductor industry, driven semiconductor market share rising chemicals.

2, electronic chemicals localization represent the general trend, a huge import substitution space. With the increase of domestic demand for electronic chemicals, the current domestic related industry is gradually realize localization, a huge import substitution space; domestic electronic chemicals increased from 40 billion 700 million yuan in 2005 to 170 billion yuan in 2015, an average annual compound growth rate of 15.4%, higher than the GDP growth rate.

3, electronic chemicals is the strategic emerging industries, industry by policy support. State and local governments have issued a series of policies to support the development of industry, issued a “national outline IC industry to promote the development of” 2014-2016 “, a new display industry innovation and development plan of action”, is expected to “13th Five-Year” period, electronic chemicals industry policy support will further strengthen.

[hot] Gade chemical network daily In recent years the chemical industry supply and demand situation improved, chlor alkali, epoxy propane cycle industry developed, is expected to usher in the dawn, the market will pick up propylene oxide. The semiconductor chemical industry will also usher in development opportunities, domestic electronic chemicals represent the general trend, a huge import substitution space. Fuel cell, lithium battery materials, OLED industry is also growing.

Nearly four years of existence and the bottleneck of the traditional inefficient environmental protection industry, ushered in the supply and demand balance point. In crude oil and other upstream raw material prices rise in the background, the price elasticity. The new material industry in semiconductor materials of lithium battery materials, as the representative of the demand, entered a period of rapid growth, huge space for future earnings growth.

At the same time, benefit from environmental protection policies to restore production capacity, supply and demand in most traditional chemical sub sectors to the equilibrium level, in the history of inventory low, the industry boom significantly improved. On the other hand, the integration of the industry and the new business volume to bring new development space. We believe that the chemical industry to benefit from the effects of supply and demand and improve the downstream applications driven, the overall profitability of the industry is expected to improve, given the industry recommended rating.

A: chlor alkali, epoxy propane cycle industry for the better

Chlor alkali industry is expected to usher in the dawn

1, to the capacity of the industry entered a substantive stage, industry concentration further improved. In 2015, with an annual output of more than 400 thousand t/a enterprises accounted for the proportion of production capacity increased from 27.1% in 2010 to 37.7% in 2015;

2, the industry average operating rate remained low. Caustic soda plant operating rate from 69% in 2010 to about 80% now increased steadily. PVC plant operating rate for five consecutive years since 2008 60%, nearly two years increased, in 2015 the industry operating rate of 69%;

3, backward production capacity continue to exit, cluster and park become the mainstream of the development of the China chlor alkali industry;

4, the downstream pick up will continue to constitute a strong support for the chlor alkali market.