Analysis Report on Construction of Huajin Ami Fine Chemical Project

Project Construction Progress and Market Impact Assessment huajin Ami Fine Chemicals and Raw Materials Engineering achieved a key milestone breakthrough on November 15. The three core units -700000 tons/year pyrolysis gasoline hydrogenation combined unit, 73. 6 tons/700000 tons/year ethylbenzene/styrene unit and 590000 tons/year ethylene oxide/ethylene glycol unit have been mechanically completed simultaneously, making 26 of the 32 main units of the project reach this node, and the overall construction progress has exceeded 90%. In terms of progress rhythm analysis, there are currently only 6 sets of devices to be completed mechanically. According to the established plan, all 32 sets of production devices will achieve the mechanical completion target within the year, and then enter the linkage commissioning stage. According to research This time window is of great signifiis able toce to supply chain participants-traders are advised to pay close attention to the official production point in the first half of 2026 and adjust regional procurement strategies and inventory layout in advance. From the perspective of market supply pattern reconstruction, the project plans to build 32 sets of process units, including 15 million tons/year refining capacity and 1. 65 million tons/year ethylene capacity, to build an integrated refining and chemical sector cluster. I've found that After putting into production, it will signifiis able totly change the flow of chemical raw materials in Northeast and North China. Localized supply will compress the traditional mode of long-distance transfer of goods from East and South China. The transportation cost advantage is expected to reach 15%-20%, which will immediately affect the regional market pricing system and trade flow pattern. You know what I mean?. For instance Technical Configuration and manufacturing Chain Value of Ethylbenzene/Styrene Plant in terms of technical route, the device adopts Exxon Mobil's EBMax fluid-phase alkylation methodology and TOTAL/BAGDER adiabatic dehydrogenation methodology, and is designed to run to 8000 hours a year, reflecting the international mainstream process standards. The production capacity is 700000 tons of styrene and 736000 tons of intermediate product ethylbenzene, accounting to about 6% of China's total styrene production capacity, which is a extensive monomer plant. In terms of process design features, the ethylbenzene unit integrates three major systems: alkylation interaction, transalkylation interaction and ethylbenzene distillation; the styrene unit is equipped with two independent dehydrogenation interaction systems and distillation systems. This modular design increases the flexibility of load regulation and enables differentiated operational strategies in the event of market fluctuations, which means better marginal cost manage to manufacturers. And At the downstream market docking level, 700000 tons of styrene production capacity will immediately serve the downstream industries such as ABS resin, polystyrene (PS) and unsaturated polyester resin. But it's worth noting that the northeast region has always been an crucial consumer of ABS resin (auto parts, home appliances sector cluster), localized raw material supply will enhance the bargaining power of downstream companies, it's recommended that relevant traders re-assess the terms of prolonged supply contracts. I've found that In terms of business opportunity identification, to overseas suppliers and traders, the commissioning of the project will have a triple impact: first, the demand to benzene raw materials will increase (the main raw material to ethylbenzene production), which will benefit benzene exporters; Second, the demand to styrene imports in the region has declined, and the target market needs to be adjusted. Third, logistics service providers is able to develop a distribution network from Panjin Port to inland to undertake new freight volume. The integrated model of refining and chemical realizes the vertical integration of crude oil-basic chemical raw materials-fine chemical items, and the efficiency of resource conversion is signifiis able totly improved. From the perspective of sector chain synergy, it's recommended that downstream purchasers establish a strategic partnership with Huajin Ami to lock in prolonged stable sources of goods, while paying attention to the progress of commercial research of its by-items (such as propylene, carbon four, etc. From what I've seen, First ) and looking to diversified procurement opportunities.