petrochemical and chemical industry development plan (2016-2020)” (hereinafter referred to as the “plan”) recently issued. Petrochemical and chemical industry is the traditional industry of our country, but also an important pillar industry of the national economy, occupies a large proportion in the industrial economy, is an important part of China manufacturing. “Planning” proposed to adhere to innovation driven, intelligent transformation, strengthen the foundation, green development, accelerate our country chemical power from the chemical power steering.

The high-end multi integrated intensive ecological

“13th Five-Year” is a period of China’s petrochemical and chemical industry entered a critical period of transformation and upgrading, manufacturing power, the development of the industry is facing severe and complicated environment, favorable conditions and restricted factors are intertwined, growth potential and downward pressure coexist.

From an international perspective, the world economic recovery is slow, and the deep impact of the international financial crisis still exists in quite a long period, rising trade protectionism. The large-scale development of shale gas, shale oil, Iran to return to the international crude oil market, rapid development has brought greater uncertainty to the international oil prices of fossil energy substitution technology. The Middle East, North America and other low cost of oil and gas resources from petrochemical production capacity have been put into operation, the global petrochemical market center for further transfer to the South and East Asia, part of the petrochemical product market more fierce competition. At the same time, the further implementation of “The Belt and Road” strategy, and provides new opportunities for domestic enterprises to participate in international cooperation.

this year, always have a good look, economic recovery driven by the demand side of the industry boom is expected to maintain and improve. Northeast Securities believes that the chemical industry new material and cycle of next year can be expected to highlight and focus in the field of periodic segments of benefit to production capacity and low inventory, new material benefit from the dividend policy from 0 to 1, is expected to achieve rapid industrialization.

In 2016 the chemical industry as a whole has stabilized to pick up

2016 chemical industry (excluding petrochemical) revenue growth of approximately 6.7%, compared to 2012-2014 years in the doldrums, the chemical industry in recent years the overall performance of a certain situation has stabilized to pick up. Investment in fixed assets by chemical materials and chemical products manufacturing complete sales growth continued to decline, as the industry overcapacity capacity to provide the conditions at the same time, environmental inspectors strict superposition action this year, prompting some chemicals boom upward cycle.

Statistics show that in 2011 the world’s ten largest ethylene production unit ranked the same as the previous year. Taiwan is among the first device Chinese Petrochemical Industries Co in Taiwan China Mailiao, ethylene production capacity of 2 million 935 thousand tons / year. In second, third, fourth and fifth respectively combined device Nova chemical company, Arabia Petrochemical Industries Co, Exxon Mobil Chemical Co and Chevron Philips chemical company.

The magazine also listed by the end of last year’s world ethylene production capacity of eight countries: the United States production capacity of 27 million 593 thousand tons / year, keep the first position; China production capacity of 15 million 200 thousand tons / year, ranking second; Saudi Arabia’s capacity of 13 million 155 thousand tons / year, ranked third; Japan production capacity of 7 million 265 thousand tons / year, ranked fourth; Germany production capacity of 5 million 743 thousand tons / year, production capacity ranks fifth; South Korea 5 million 630 thousand tons / year, ranked sixth; Canada production capacity of 5 million 530 thousand tons / year, ranked seventh; Iran production capacity of 4 million 734 thousand tons / year, ranking eighth.

The 2011 world ethylene production capacity of the top ten manufacturers ranked the same as the previous year: Saudi Basic Industries Corporation is still ranked first, the total production capacity of 13 million 392 thousand tons / year, the ability to share the 10 million 274 thousand tons / year; the Dow Chemical Company, Exxon Mobil Chemical Co and Shell Companies were ranked second, third and fourth; the Sinopec group ranked fifth, and the total capacity of shares in the capacity was 7 million 895 thousand tons and 7 million 275 thousand tons / year.

The report said, if all has been announced in the construction of the project on time and put into production, in 2012 the global ethylene expansion of nearly 6 million 500 thousand tons, while in 2013 the global ethylene capacity expansion pace will slow, about 2 million tons. After a few years, the global ethylene plant will again accelerate the pace of construction.

The United States released “oil and gas journal” at the beginning of the July global ethylene capacity analysis report shows that in 2011 the global ethylene amount after capacity expansion, in 2012 the global ethylene expansion again since 2010 will exceed 6 million tons. As of 2011, the ethylene production capacity of 27 million 593 thousand tons, ranking first in the world.

In 2011 the world has 2 sets of new world-class ethylene plant put into operation. A set in Saudi Arabia, a capacity of 1 million 200 thousand tons / year; and a capacity of 1 million 300 thousand tons / year in Venezuela. While the same scale ethylene plant put into production in 2010 with a total of 8, the total production capacity of 8 million 650 thousand tons / year.

As of January 1, 2012 statistics, in 2011 the global ethylene production capacity reached 1.41 tons, an increase of more than 2010 2 million 500 thousand tons.

According to statistics, in 2011 China’s total output of 9 million 666 thousand tons of paint, water-based paint production is about 4 million 160 thousand tons. Thus, water paint in our country has been in the paint development trend driven got certain development. The past two years by the impact of the sharp rise in crude oil prices, the price of oil paint solvent required a high, bring enormous cost pressure, at the same time as the response to the voice of environmental protection paint coating industry, more and more enterprises start to transition, water of the road. The development of waterborne industry coatings in China, has played a role in boosting.
Although the water paint has broad prospects for development, but at present in our country has encountered many problems in marketing. First, affected by the national policy, compared to Europe and other developed countries, policies and efforts in the control of VOC emissions, occupation health workers, environmental pollution and other aspects of our country is relatively loose, sometimes even with the policy implementation, are not strict enough for the waterborne coating caused a lot of fort; second, state environmental protection water wood products less publicity, users of water products generally do not understand the traditional consciousness of existence, that the existing products have to meet the individual needs, ignore the impact on the body of the previous third, long-term; some enterprises and oil workers to master the weak awareness of environmental protection, only the immediate interests, habits of traditional solvent based operations, to master new technology and operation.

Requirements of waterborne coatings on Enterprises
The prevention and control of industrial pollution is the industrial development in the process of voice, water-based paint is represent the general trend of development. The promotion of water-based paint mainly has two aspects, namely, market and technology for paint companies, in addition to the propaganda promotion of water-based paint, also should assume responsibility and determination, increase technology research and development of waterborne coatings, promote the development of the industry.
The paint industry homogenization of competition intensified, enterprise strategy implementation difficulties vary greatly, many enterprises have neglected the independent technological innovation. Therefore, paint companies should grasp the technological innovation, which makes the products to maintain the leading position in the industry, improve the competitiveness of enterprises, increase economic benefits of enterprises. With China’s sustained and rapid economic growth, a large number of infrastructure construction, people gradually increase the awareness of environmental protection, environmental protection, water paint is bound to the health of the road, and the water paint industry will usher in a broader space for development.
Water paint is gradually into the civilian market, whether it is in the paint exhibition, furniture exhibition, seminars and other large-scale activities in the paint can see its shadow. It is still a long way, even if the promotion of water-based paint is still a long way to go, but the water paint fit with the green environmental protection will usher in a broad space for development.