According to the observation report of Huacheng import and export data, as of late October, SBS, SIS, SEBS and other thermoplastic rubber plants of Baling Petrochemical Rubber Department had been in full production. In the first half of this year, the SBS export of Baling Petrochemical Rubber Department increased by 570% year on year, of which the European market share increased to 20%.
Development History of Baling Petrochemical
In September 2012, the new 60000 ton/year special thermoplastic rubber (SIS, SEBS) units built by Baling Petrochemical with proprietary intellectual property rights were put into operation, and many of the technologies implemented in the units reached the international leading level. Huacheng Import and Export Data Observation Report.
At the beginning of 2015, the "New Generation High Performance Styrene Thermoplastic Elastomer (SEBS) Complete Technology" project led by Baling Petrochemical won the second prize of the National Science and Technology Progress Award. The project has achieved the leapfrog development of China's SEBS preparation technology and products from scratch, from existing to refined, and from refined to strong. It has created China's new generation of styrene thermoplastic elastomer technology system and industrial platform. The developed technology and products have reached the international advanced level, enhancing China's core competitiveness in the high-end synthetic rubber field. Huacheng Import and Export Data Observation Report.
On August 31, 2017, Baling Petrochemical completed and put into operation the first domestic thermoplastic rubber SEPS (hydrogenated styrene/isoprene copolymer) industrialization unit with an annual output of 20000 tons (this project is Sinopec's "ten dragon" science and technology research project), becoming the third enterprise in the world to industrialize the production of SEPS using core technologies with independent intellectual property rights, filling the gap in the development and production of SEPS products in China, and breaking the long-term monopoly of American and Japanese enterprises, It is a milestone in the research and development of complete set of thermoplastic rubber technology innovation.
On February 1, 2021, Sinopec's key project and Baling Petrochemical's 50000 ton SEBS industrial unit construction project will be completed and put into operation. In the same year, China Petroleum and Chemical Industry Federation evaluated 15 innovative products of new chemical materials in 2021. Among them, the medical SEBS developed and produced by Baling Petrochemical was selected as one of the two new material products selected by Sinopec.
According to the observation report on the import and export data of Huacheng, since 2021, Baling Petrochemical has successively cooperated with Hainan Refining and Chemical Co., Ltd. and Shanghai Petrochemical Co., Ltd. to jointly invest in the construction of styrene based thermoplastic elastomer (SBC) projects with an annual output of 170000 tons and 250000 tons based on a 50% to 50% share ratio, optimize the development layout of synthetic materials, and further enhance the core competitiveness of the enterprise by "going out" to develop superior products in regions with raw materials and markets.
Capacity scale will be the largest in the world
Today, as the largest thermoplastic rubber manufacturer in China, Baling Petrochemical Company's headquarters has an annual production capacity of 380000 tons of SBS, SEBS, SIS, SSBR and SEPS series products. After the completion of two SBC projects in Hainan and Shanghai with a total investment of 5 billion yuan, Baling Petrochemical's annual production capacity of thermoplastic rubber will reach 800000 tons/year, ranking first in the world in terms of scale. Huacheng Import and Export Data Observation Report.