“Although it has basically shaken off the impact of last year’s '3·11′′ earthquake, the Japanese petrochemical market is unlikely to have large growth in the future, coupled with the appreciation of the yen, high raw material prices, insufficient power supply, earthquakes, and severe laws and regulations. As a result, the transfer of Japanese petrochemical production to overseas has become a development trend.” At the exchange meeting of Japanese chemical companies and Chinese media held last week, Mitsubishi Chemical Holdings (Beijing) Co. The latest trend of most petrochemical companies in Japan.

Chuan Chuantuo said that last year Japan’s ethylene production was 6.7 million tons, although it was higher than the previous year, it was still less than 7 million tons, and the outlook for the Japanese chemical industry is not optimistic. In particular, the floods in Thailand last fall spilled over into the Japanese automobile industry, and the sales of petrochemical products have been hit hard. It is unlikely to see significant growth in the future.

Mitsui Chemicals China representative Daimaru said that all companies have resumed production from last year’s “3.11” earthquake. However, due to the fact that the nuclear power plant could not resume operation, there was a problem of insufficient power supply last summer. It is estimated that this year will still be difficult to change. It can only be started at the wrong time, and the transfer of production to overseas is another way to deal with it. It is understood that only two of Japan's 54 nuclear reactors are currently operating.

China has become a popular choice for Japanese companies to produce overseas transfers. Mitsubishi Chemical Holdings Group proposed that sales in 2015 will be expanded from the current 3.2 trillion yen to 5 trillion yen, of which the overseas share will increase to more than 45%, and China will be the focus of overseas. Mitsubishi Chemical currently has 60 companies in China, of which 27 are production-oriented companies. In the future, Mitsubishi Chemical will focus on the characteristics of Chinese bulk products that shift from quantity to quality and the entire market to the central and western regions.

Sumitomo Chemical Investment (China) Co., Ltd. general manager Iwasaki Ming said that Sumitomo has 28 subsidiaries in China, to achieve unified management and help them deal with the various problems facing the production and operation in order to achieve better development in China. Has invested 30 million US dollars to set up an investment company.

Asahi Kasei’s chief representative Moriyama Bo said that 10% of sales of Asahi Chemicals last year came from China, and he is still looking forward to the Chinese market in the future, mainly looking at growth points such as electronic materials, medicine, membranes, and water treatment. At present, it is considering setting up an investment company in Shanghai, and will assume the role of formulating a development strategy in China in the future.

In addition to China, Japan's petrochemical companies invest quite heavily in other regions. Take Mitsui Chemicals as an example. Since this year, Mitsui Chemicals has licensed TDI and MDI production technology to SABIC, using cheap raw materials from the Middle East to build production lines in Saudi Arabia; in response to expanding demand for polypropylene automotive materials, it will increase 18,000 tons/year in Thailand. Capacity. According to reports, India is also one of the destinations for Japanese companies to move overseas.

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