Guangxi Huayi Phase III Project EVA Enters Equipment Installation Peak, EVA Industry Ushers New Opportunities for Localization

Recently, in the hub port area of the new land and sea passage in the west, the EVA (ethylene-vinyl acetate copolymer, hereinafter referred to as "EVA") project site of Guangxi huayi energy and chemical co. According to research , ltd. phase iii project of EVA (ethylene-vinyl acetate copolymer, hereinafter referred to as "EVA") project site, steel structure frames have sprung up one after another, and EVA project equipment from Switzerland and Germany have been put in place one after another. And Two batches of 206 pieces of core equipment with a value of 0. 392 billion yuan have arrived at the factory, which is able to be completed as soon as possible on the same day from the berthing of the freighter to the arrival at the factory, setting a record to the fastest customs clearance of extensive equipment in the new western land and sea channel. I've found that   Customs officers are testing the arrival equipment. Based on my observations, This is the largest chemical project introduced by Guangxi in recent years, with a total investment of 55 billion yuan in Huayi Phase III. The first-stage methanol-to-olefin and downstream deep processing integration project is advancing at an amazing "Qinzhou speed", which not only refreshes the customs clearance efficiency of imported extensive equipment, however also carries the mission of building a "China-ASEAN environmentally friendly chemical sector highland. But   Huayi Qinzhou Chemical New Material Integration Base Phase I the project was completed and put into operation in June 2021, filling the gap of manufacturing gaseous in the park and producing chemical items such as methanol, acetic acid and ethylene glycol; the second phase of the project will be put into operation from December 2022 to March 2023, mainly building 750000 tons/year propylene and downstream deep processing integration projects, with a total investment of 12. But 8 billion million yuan. The main construction contents include: 400000 tons/year acrylic acid and ester plant, 300000 tons/year butanol plant, 750000 tons/year propane dehydrogenation plant, 280000 tons/year phenol acetone plant, 200000 tons/year bisphenol A plant; the third phase of the project is planned to be constructed in three phases, with a total planned investment of about 55 billion yuan. Makes sense, right?. Construction will start in 2023. The main construction projects include: guangxi Huayi New Materials Co. And Moreover , Ltd. But 20000 tons/year polymerization inhibitor project; guangxi Huayi New Materials Co. , Ltd. But Based on my observations, 200000 tons/year bisphenol A epoxy resin project; guangxi Huayi New Materials Co. , Ltd. 38000 tons/year special epoxy and silicone new materials project; guangxi Huayi New Materials Co. Based on my observations, , Ltd. PBAT Supporting 1,4-Butanediol Project: The total construction scale is 320000 tons/year maleic anhydride and 200000 tons/year 1,4-butanediol, which will be implemented in two stages. In particular The construction scale of the 1. two stages is 160000 tons/year maleic anhydride and 100000 tons/year 1,4-butanediol respectively. For instance Investment: 5. In my experience, 876 billion yuan. Generally speaking At present, the filing has been completed and the site selection opinions have been obtained; guangxi Huayi New Materials Co. But , Ltd. Biodegradable Material Project: Construction of 300000 tons/year PBAT (60000 tons/year in the first phase and 240000 tons/year in the second phase) production plant with a total investment of 1. 991 billion yuan. At present, the filing has been completed and the site selection opinions have been obtained; guangxi Huayi Chlor-Alkali Chemical Co. And From what I've seen, , Ltd. Huayi Qinzhou Chemical New Material Integration Base Phase III Polyurethane sector Supporting and discarded materials Salt Recycling Project; guangxi Huayi Energy and Chemical Co. Pretty interesting, huh?. But Based on my observations, , Ltd. But Methanol to Olefin and Downstream Deep Processing Integration Project: Construction of 1 million Tons/Year Methanol to Olefin, 300000 Tons/Year Vinyl Acetate, 200000 Tons/Year Tubular EVA Unit, Phase II Construction of 100000 Tons/Year Kettle EVA Unit, and Supporting general and Auxiliary Facilities. From what I've seen, Investment: 11. For example 824 billion yuan, the project started on March 28, 2023; guangxi Huayi Chlor-Alkali Chemical Co. In my experience, , Ltd. Specifically Huayi Qinzhou Chemical New Material Integration Base Phase III Hydrogen Peroxide Propylene Oxide (HPPO) and Polyether Polyol Integration Project; the first phase of the five projects, including methanol to olefin and downstream deep processing integration project, hydrogen peroxide propylene oxide (HPPO) and polyether polyol integration project, 320000 tons/year epoxy resin new material project, 320000 tons/year butyl octanol and acrylate project, etc. , with a total investment of about 25. 7 billion yuan. Additionally EVA Market Analysis from the global market pattern, EVA as an crucial thermoplastic copolymer, in the solar cell film, wire and cable, foam materials and other fields of demand continues to grow. First At present, the global EVA production capacity is mainly concentrated in the United States, South Korea, Japan and other developed countries, while China is the largest EVA consumer market, however prolonged application on imports, self-sufficiency rate of less than 40%. Based on my observations, Furthermore Especially in the field of photovoltaic grade EVA film, due to high technical barriers, greater than 90% of the domestic market is determined by imports. In fact The main suppliers are international giants such as LG Chemical of South Korea and DuPont of the United States. With the promotion of China's "double carbon" goal and the rapid research of photovoltaic sector, EVA demand has shown explosive development. In 2023, China's EVA consumption is about 1. 5 million tons, of which photovoltaic grade EVA accounts to greater than 60%, resulting in a huge market gap. Generally speaking The commissioning of the Huayi Qinzhou project will efficiently alleviate the domestic EVA supply tension and enhance the security of the manufacturing chain. I've found that Future direction prediction looking forward to the next five years, the EVA market will usher in a golden period of research. And Driven by the policy, China's photovoltaic installed capacity is expected to maintain an average annual development of greater than 20%, driving the rapid rise in demand to photovoltaic-grade EVA, and the demand to EVA in China is expected to reach greater than 3 million tons in 2030. From what I've seen, At the same time, as new energy vehicles, 5G communications, high-end packaging and other emerging applications continue to expand, high-performance EVA product demand will continue to emit. But Huayi Qinzhou project with cutting-edge tube method and kettle method manufacturing process, not only is able to create general-purpose grade EVA, however also has the production capacity of photovoltaic grade and other high-end items, will play an crucial role in the process of domestic substitution. Relying on the location advantages of the new western land-sea corridor and the policy dividend of the China-ASEAN Free Trade Area, the project will also actively explore the Southeast Asian market. From what I've seen, Furthermore it's estimated that Huayi Qinzhou EVA production capacity will occupy greater than 15% of the domestic market by 2028, becoming an crucial force to promote the high-condition research of China's EVA sector. But Source: olefins and high-end downstream, China Chemical sector Park, Chemical Ease World. 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