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Reviewing the ten major events in the silicone industry in 2017 —- Jiangxi New Materials Co., Ltd.
2017 is about to become history. Many important things happened in China, around the world, and in various fields this year. For the silicone industry, this year is a magnificent year, an extraordinary year, and an unforgettable year, many events have occurred that have a huge impact on the current and future entire industry! As we wave goodbye to 2017, we look back at the past 360 days from a 360-degree perspective and take stock of the organic growth in the past year with you. Ten major events in the silicon industry (in no particular order)!
1. The price of organic silicon has increased significantly
In 2017, the price of silicone products has skyrocketed, especially since July. Companies such as Wacker and Dow Corning have announced price increases. Letter, prices of DMC, 107 glue, silicone oil, etc. have increased across the board! And after the downward trend in the “off season” gradually takes hold, it will turn back and rise again! Price increases can be said to be the biggest label in the silicone market in 2017.
2. Elkem, BSI, Xinghuo Silicones Deep business integration
After Blue Star Silicones International Co., Ltd. (BSI) joined Blue Star Elkem in 2015, on June 28, 2017, Xinghuo Silicones and Lanzhou Silicon Materials also officially joined Elkem. French Blue Star Silicones, the original silicone division of Elkem, was also renamed Elkem Silicones and incorporated into Elkem’s management systems.
3. Dow and DuPont merged to launch new Brand——Tao Xi
On August 31, 2017, The Dow Chemical Company and DuPont officially completed the merger of equals to establish “DowDuPont™”. Both parties each hold 50% of the shares, and the market value after the merger exceeds 150 billion..50,000 tons of new silicone material expansion project; Guangdong Changlu annual output of 100,000 tons of silicone sealant project was officially put into production.
7. China’s polysiloxane exports surge
From January to October 2017, my country’s net export volume of primary-form polysiloxane was 76,000 tons, a year-on-year increase of 261.9%, of which exports The quantity to South Korea, the United States and India accounts for about 41% of the total export volume.
8. Environmental protection storm sweeps the country
In 2017, national environmental protection inspections and local environmental protection and safety inspections became more frequent, resulting in production suspensions, production restrictions, fines, and seizures. Environmental protection measures in other forms have been continuously upgraded, and transportation vehicles in many places have been restricted and banned. A large number of silicon companies have been shut down or made rectifications within a time limit, which has become one of the important reasons for the increase in organic silicon prices.
9. Safety accidents occur frequently in silicone companies
On September 7, 2017, a material leakage and explosion occurred at WACKER’s production base in Tennessee, USA; on October 18, Shin-Etsu Group A fire broke out at the Asia Silicone Monomer Factory in Thailand; on November 5, an explosion occurred at Foshan Gaomingyuan High Polymer Plastic Chemical Co., Ltd. when old equipment was being dismantled, killing one and injuring three.
10. The entire industry takes active actions to oppose D4 being Add to priority control list
In October, the Ministry of Environmental Protection plans to include octamethyltetrasiloxane (D4) in the priority control list, classifying it as persistent and bioaccumulative Sexual and toxic chemicals. Once included and resolved, it will have a huge impact on the field of silicone applications. All colleagues in the silicone industry are actively working to oppose D4 being included in the candidate list of controlled chemicals.
�Huge impact. All colleagues in the silicone industry are actively working to oppose D4 being included in the candidate list of controlled chemicals.
