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Research | Time:Nov 7 2017 3:27PM
China's coal-based MEG market in 2017
 
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Preface
The startup progress of coal-based capacities was slow in 2017, and by end October, no effective capacity was added.Most coal-based MEG units were under normal production on high profits this year. Coal-based MEG was more competitive on high MEG price.

1. No new capacity added yet
2. Operating rate increased apparently on good profits
  2.1 Coal-based MEG plant operations in 2016
  2.2 Operating rate increased in 2017
  2.3 Coal-based MEG production in 2017
3. Coal-based MEG was more competitive
  3.1 Naphtha
  3.2 Ethylene
  3.3 Methanol
  3.4 Coal
4. Coal-based MEG expansion plan in 2018-2019

List of charts
Chart 1. World MEG capacity expansion by production route in 2017
Chart 2. MEG production by route in 2016
Chart 3. Operating rate of China's MEG plant in 2016-2017
Chart 4. Coal-based MEG production in 2017
Chart 5. Naphtha-based MEG cash flow
Chart 6. Ethylene-based MEG cash flow
Chart 7. Methanol-based MEG cash flow in China domestic market

List of figures
Figure 1. MEG capacity expansion schedule in 2017
Figure 2. MEG cash flow by different production route
Figure 3. Coal-based MEG expansion plan in 2018-2019

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