SunSirs: Stable Operation of some BDO Enterprises in China

The stable operation of the 30000 ton/year and 100000 ton/year BDO units in Shaanxi Shaanxi Shaanxi Chemical Phase I and Phase II is planned for storage and replacement in December, with uncertain timing. The main focus is on BDO self use and delivery contracts.

Shaanxi Guorong Chemical's 60000 ton/year BDO plant has a load of around 70%, and BDO has stopped spot sales.

The BDO units of the first, second, third, and fourth phases of Xinjiang Meike Chemical are operating steadily, and spot orders are not quoted to the public, but actual orders are negotiated. Affected by winter natural gas supply restrictions, Meike Chemical has decided to shut down the second phase of its 100000 ton/year production line from November 1, 2023 to February 29, 2024, and maintain 70% load operation in the third phase without selling its products. The overall production load is about 60%, and the export products are reduced by 10000 tons/month. In case of special circumstances, Meike Chemical will promptly report.

Xinjiang Tianye has a BDO plant with an annual production capacity of 210000 tons, with a stable operation of 60000+60000 tons per year, but has not restarted with a production capacity of 30000+60000 tons. There is currently no offer for spot goods, and actual orders are being negotiated.

Two sets of 100000 ton BDO units each from Xinjiang Guotai Xinhua are currently operating steadily. BDO is primarily for contract and self use.

The 100000 ton/year BDO plant of Henan Energy Hebi Coal Chemical Co., Ltd. has been affected by polluted weather and will be shut down since December 27th. The restart time is uncertain. The BDO is mainly supplied for downstream PTMEG self use, and there is currently no spot sales available.

The BDO unit of Henan Kaixiang Chemical is operating steadily, and the downstream PBT unit is operating normally. The newly built 80000 ton/year PBT to PBAT unit has been put into normal operation, and the BDO contract has been reduced. There is currently no spot sales available.

Starting from November 4th, Xinjiang Xinye's 60000 ton/year BDO plant will replace the catalyst, which is expected to take 10 days.

The production capacity of the two BDO units of Wuheng Chemical is a total of 256000 tons per year. Starting from November 1st, the two units will undergo rotating maintenance, and each unit is expected to be shut down for 6-7 days. Starting from October 27th, all spot sales will be suspended for long-term customers only.

Fujian Haiquan (formerly Meizhou Bay, Fujian) has a 40000 ton/year production capacity. The BDO device produced qualified products on November 9th, with a current load of 50-60%. Downstream PBT is restarting, and BDO currently has no reference quotation for external parties.

The BDO device with an annual production capacity of 60000 tons in Shaanxi Black Cat is operating stably. It was shut down for maintenance on December 10th and is expected to restart around January 5th.

On the afternoon of December 7th, Inner Mongolia Dongjing auctioned 200 tons of BDO on the Henan Energy Trading Platform, with a starting price of 9500 yuan/ton for acceptance and delivery, and a starting price of 50 tons. All transactions are made at the original price.

The first phase of Sichuan Tianhua BDO with a capacity of 25000 tons and the second phase with a capacity of 60000 tons are operating steadily, and the expected maintenance in January is still uncertain. BDO is mainly used by downstream PTMEG and GBL, and is not quoted externally.

Wanhua Chemical (Sichuan) Co., Ltd.'s 100000 ton/year BDO unit will begin maintenance on December 15th, with an estimated one month.

The BDO unit with an extended oil production capacity of 100000 tons/year has had its load reduced to around 30% since December 17th due to equipment issues.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.