Ethylene glycol: Under low oil prices, coal-based ethylene glycol is in danger



The sharp decline in international crude oil has led to a collective decline in the overall chemical products. The current price of ethylene glycol has fallen to a record low. Sinc…

The sharp decline in international crude oil has led to a collective decline in the overall chemical products. The current price of ethylene glycol has fallen to a record low. Since the price of coal is less affected by crude oil, the losses of coal-based ethylene glycol production companies are increasing. Recently, coal-based ethylene glycol production companies have experienced increasing losses. There are many maintenance equipment in enterprises, and the overall operation is continuously reduced.

Different domestic ethylene glycol production processes Analysis

Profit analysis of various domestic ethylene glycol production processes

Data source: Jin Lianchuang

The current supply and demand situation of domestic ethylene glycol market

Data source: Jin Lianchuang

Coal chemical companies will face greater challenges

Downstream consumption of coal-to-ethylene glycol Proportion

Data source: Jin Lianchuang

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