After a period of investment downturn, the current global benzene production capacity is rapidly expanding, and the expansion rate of benzene derivatives has exceeded the growth rate of benzene production capacity. In 2006, the global benzene plant operating rate was about 83%. Analytical business analyst of aromatics of the American Chemical Market Association (CMAI), headquartered in Houston, pointed out that demand for benzene in the United States keeps growing due to increased exports, planned and unplanned shutdowns of European benzene installations, and strong export growth of downstream derivatives of benzene. Profitability is stable.
Since the end of 2005, the global benzene market demand has maintained a stable trend and is in the balance between supply and demand and supply tension. The analyst said that more than 1.8 million tons/year of new benzene production capacity will be put into operation worldwide this year, most of which are located in Asia. By 2010, the global benzene production capacity is expected to increase by about 10 million tons on the basis of 2006, and the demand will increase by about 5.5 million tons during the same period. Therefore, by 2010, the global benzene plant operating rate will drop to around 77%.
According to CMAI statistics, as of the end of 2006, the global benzene production capacity was distributed as follows: North America 9.433 million tons/year, of which US 8,722,000 tons/year, Canada 711,000 tons/year; South America 1.182 million tons/year, including Argentina 230,000 Tons/year, Brazil 952,000 tons/year; Western Europe 7.858 million tons/year, of which Belgium 82.5 million tons/year, Finland 150,000 tons/year, France 870 tons/year, Germany 1.842 million tons/year, Italy 760,000 t/year, Netherlands 2.065 million tons/year, Spain 870,000 tons/year, UK 12.36 million tons/year; Eastern Europe 5.468 million tons/year, of which Bulgaria is 173,000 tons/year, CIS countries are 2.50.2 million tons/year, 470,000 tons/year in Czech Republic, 280,000 tons/year in Poland, 400,000 tons/year in Romania, 1.643 million tons/year in Russia, 2.166 million tons/year in the Middle East/Africa, including 181 thousand tons/year in African countries and 6.33 million tons in Iran /year, Israel 135,000 tons/year, Saudi Arabia 1.06 million tons/year, Turkey 157,000 tons/year; Asia-Pacific region 11.581 million tons/year, China 1.985 million tons/year, India 815,000 tons/year, Japan 4.087 million Tons/year, Malaysia 350,000 tons/year, South Korea 2.387 million tons/year, Singapore 8.25 million tons/year, China Taiwan Bay 1.176 million tons/year, Thailand 7.78 million tons/year.
Since the end of 2005, the global benzene market demand has maintained a stable trend and is in the balance between supply and demand and supply tension. The analyst said that more than 1.8 million tons/year of new benzene production capacity will be put into operation worldwide this year, most of which are located in Asia. By 2010, the global benzene production capacity is expected to increase by about 10 million tons on the basis of 2006, and the demand will increase by about 5.5 million tons during the same period. Therefore, by 2010, the global benzene plant operating rate will drop to around 77%.
According to CMAI statistics, as of the end of 2006, the global benzene production capacity was distributed as follows: North America 9.433 million tons/year, of which US 8,722,000 tons/year, Canada 711,000 tons/year; South America 1.182 million tons/year, including Argentina 230,000 Tons/year, Brazil 952,000 tons/year; Western Europe 7.858 million tons/year, of which Belgium 82.5 million tons/year, Finland 150,000 tons/year, France 870 tons/year, Germany 1.842 million tons/year, Italy 760,000 t/year, Netherlands 2.065 million tons/year, Spain 870,000 tons/year, UK 12.36 million tons/year; Eastern Europe 5.468 million tons/year, of which Bulgaria is 173,000 tons/year, CIS countries are 2.50.2 million tons/year, 470,000 tons/year in Czech Republic, 280,000 tons/year in Poland, 400,000 tons/year in Romania, 1.643 million tons/year in Russia, 2.166 million tons/year in the Middle East/Africa, including 181 thousand tons/year in African countries and 6.33 million tons in Iran /year, Israel 135,000 tons/year, Saudi Arabia 1.06 million tons/year, Turkey 157,000 tons/year; Asia-Pacific region 11.581 million tons/year, China 1.985 million tons/year, India 815,000 tons/year, Japan 4.087 million Tons/year, Malaysia 350,000 tons/year, South Korea 2.387 million tons/year, Singapore 8.25 million tons/year, China Taiwan Bay 1.176 million tons/year, Thailand 7.78 million tons/year.
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