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China PA66 capacity breaks through 1 million t/y in May

Source: Mysteel May 31, 2024 14:01
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Chemical Fiber Capacity

China PA66 capacity reached 1,051,000 tonnes/year in May, up 15.37% year on year, with steady increase of China adiponitrile capacity. The 20,000 t/y unit of Ningxia Ruitai Technology, the 80,000 t/y unit of INVISTA Nylon Chemicals (China) and the 40,000 t/y unit of Yantai Huarun Nylon were put into production in succession in H1 2024. The industry is expanding rapidly.

 

Besides, another 230,000 t/y new PA66 capacity, including 130,000 t/y capacity, 20,000 t/y capacity, 40,000 t/y capacity and 40,000 t/y capacity of INVISTA Nylon Chemicals (China), Shanghai Shenma Engineering Plastic, Anhui Haoyuan Chemical and Shandong Longhua New Material respectively, will be put into operation in 2024. China PA66 capacity will reach 1,281,000 t/y, up 40.61% from 2023, if the above capacity can be put into production on schedule, which will intensify industry competition.

 

2024 China PA66 Capacity Statistics (Unit: '000 t/y)

Producers

Newly-added Capacity

Commissioning Time

Ningxia Ruitai Technology

20

Mar

INVISTA Nylon Chemicals (China)

80

Early May

Yantai Huarun Nylon

40

Late May

INVISTA Nylon Chemicals (China)

130

Jun

Shanghai Shenma Engineering Plastic

20

Q2 and Q3

Anhui Haoyuan Chemical

40

Q2 and Q3

Shandong Longhua New Material

40

Q2 and Q3

Source: OilChem

 

Written by Wendy Wang, wangfang@oilchem.net

Edited by Navy Liu, liuchuanjun@mysteel.com

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