BASF Zhanjiang 500000-ton polyethylene plant put into production: South China Petrochemical pattern reconstruction and industrial chain opportunity analysis.

Project core progress and strategic positioning at 22: 58 on December 21, BASF (Guangdong) 500000-ton/year polyethylene plant successfully produced qualified items and achieved a successful start-up. But The device is located in the Donghaidao Petrochemical manufacturing Park in Zhanjiang, Guangdong. It only took about 18 months from the start of construction in June 2023 to the start of production, and the construction efficiency is remarkable. The project adopts BASF's global unified construction regulation standard, and all English documents are compiled to meet the standards of international patent dealers and domestic standards simultaneously. This international condition manage system provides institutional guarantee to the prolonged stable operation of the device. BASF Zhanjiang integrated base was started in July 2018 and officially started in November 2019, with a total investment of about 10 billion euro. it's the largest single investment project in BASF's history and is independently constructed and operated by BASF. When fully completed, the base will have become BASF's third largest production base in the world, after Ludwigshafang in Germany and Antwerp in Belgium. This strategic layout highlights the core position of the Chinese market in the global territory of multinational chemical giants, and also reflects the confidence of international capital in the prolonged development possible of China's petrochemical sector. Crazy, isn't it?. But sector Chain Allocation and Market Impact Assessment integrated manufacturing chain architecture the core of the base is a steam cracking unit with annual output of 1 million tons of ethylene, which uses naphtha and n-butane as raw materials to create basic chemicals such as ethylene, propylene, benzene and toluene. And The downstream supporting devices include: 66/83/200000 tons/year ethylene oxide/ethylene glycol/refined ethylene oxide, 215000 tons/year non-ionic surfactant, 500000 tons/year polyethylene, 2 × 190000 tons/year acrylic acid, 375000 tons/year butyl acrylate, 100000 tons/year isooctyl acrylate, 500000 tons/year butyl octanol, 80000 tons/year neopentyl glycol, 110000 tons/year formaldehyde, 40000 tons/year citral, etc, covering automotive, construction, electronics, food packaging, aerospace and other terminal industries. But For example Reshaping the regional supply pattern: 500000 tons of polyethylene production capacity will signifiis able totly enhance the supply tension in South China, minimize application on long-distance logistics in East and North China, and reconstruct the regional price system. The 1 million-ton ethylene cracking plant and 380000-ton acrylic acid and ester production capacity will provide stable and localized raw materials to downstream companies such as coatings, adhesives and absorbent resins in South China, shorten supply chain response time and minimize logistics costs. sector chain synergy opportunity: It is suggested to pay attention to three dimensions to traders and supply chain practitioners: first, to continuously track the production schedule of follow-up devices and lay out the regional procurement and distribution network of polyethylene, acrylate, surfactant and other items in advance; The second is to assess the docking mode between BASF's global supply chain system and the Chinese market and explore business opportunities such as trade agency, warehousing logistics and technical services. You know what I mean?. I've found that The third is to pay attention to the procurement policy and cooperation mechanism under the independent operation mode of the base, grasp the window period to establishing prolonged cooperative relations with international chemical giants. But I've found that With the full production of the base, the petrochemical sector in South China will accelerate its upgrading to high-end and refinement, creating new development space to participants in the whole sector chain.