Latest information on raw materials in the chemical industry
Nov 07, 2025|
View:130|1. The polycrystalline silicon industry may face major consolidation. According to sources, the highly anticipated polycrystalline silicon restructuring "consortium" platform is currently being planned, and the specific details of the acquisition plan are still under discussion. At present, it is planned to establish a fund with a scale of about 70 billion yuan. After discussion, a "debt bearing" approach will be adopted to leverage 70 billion yuan of funds for acquisition.
2. The first batch of products from the core unit of BASF Zhanjiang Integrated Base for Ethylene has started production on November 5, 2025, and the project is progressing smoothly. It is expected to be fully put into operation before the end of 2025. The core equipment includes a 1 million ton/year ethylene cracking unit and multiple petrochemical and intermediate production units.
3. Salt Lake Corporation recently announced that it plans to produce 43000 tons of lithium carbonate by 2025. Among them, the 40000 ton lithium salt project was officially put into operation at the end of September this year, laying a solid foundation for further capacity expansion in the future.
4. Recently, Ruiyang Antai's project to produce 40000 tons of new generation silane modified resin and other products annually started construction in Huai'an Industrial Park. After completion, it can form an annual production capacity of 20000 tons of new generation silane terminated polyether polymers, 10000 tons of highly active silane terminated polyether polymers, 7000 tons of silane terminated siloxane polymers, and 3000 tons of silane modified acrylic polymers.
5. Recently, the National Public Resource Trading Platform of Hainan Province released the EPC bidding announcement for the 100000 ton BDO plant of the Hainan Yangpu Fully Degradable Plastic Industry Chain Project (Phase I). We plan to construct a 200000 ton/year maleic anhydride plant and a 100000 ton/year BDO plant, covering production equipment, storage and transportation facilities, etc. The planned construction period is 1095 calendar days, and the construction funds will be 100% private funds.
6. BASF, a global chemical giant, recently launched a combination of "shutting down old production capacity+heavy warehousing in new fields": stopping the production of polytetrafluoroethylene in Ulsan, South Korea by 2026, and investing in the construction of an electronic grade ammonium hydroxide plant in Germany.
7. [Methanol] It is reported that after the early stage of the malfunction of the Malaysian Petroleum Labuan No.1, maintenance was carried out, and it is preliminarily expected that the maintenance will be carried out until the end of the month; Number 2 is operating normally; Sarawak Unit 3 continues to shut down and is currently undergoing repairs. The restart time is yet to be tracked.
8. According to market rumors, a 250000 ton/year ethylene glycol plant in Taiwan is scheduled to be shut down for maintenance at the end of the month, with an estimated shutdown time of about a week.
9. On November 6th, the overall capacity utilization rate of soda ash this week was 85.67%, a decrease of 1.23% compared to the previous week; The production of soda ash was 746900 tons, a decrease of 1.41%.
10. On November 6th, the total inventory of domestic soda ash manufacturers was 1.7142 million tons, an increase of 22400 tons or 1.32% from Monday; Among them, the inventory of light soda ash is 814600 tons, and the inventory of heavy soda ash is 899600 tons.
11. This week (20251031-1106), the average utilization rate of production capacity for sample enterprises of caustic soda with a capacity of 200000 tons or more in China was 84.8%, a month on month increase of 0.5% compared to last week.
