A Review of China Adipic Acid Market
2019-01-30    [Source:PUdaily]
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PUdaily, Shanghai-- In recent years, the growth of adipic acid capacity in China has been faster than that of downstream demand, resulting in fierce competition among the suppliers. In 2016, Henan Shenma and Shandong Hongda Chemical’s new capacities came onstream, pushing domestic capacity to 2.16 million tons per year. In 2017, Shanxi Taiyuan Chemical Industry and Chongqing Huafon’s new capacities came onstream, increasing the risk of overcapacity. With the commissioning of Huafon's new adipic acid plant at the end of 2017, the domestic adipic acid capacity reached 2.48 million tons per year. In 2018, Henan Shenma’s 75k t/a adipic acid plant was put into operation, thus pushing the domestic capacity to 2.555 million tons per year. China has grown into an important base for the production of AA in the world...
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