Stock Name: Xinzhongde Stock Code: 430683


How severe is the public health event on PP powder materials?

发布时间:2022-03-29


Currently, China is experiencing a multi-focal outbreak of COVID-19, making the epidemic prevention and control situation severe and complex. As of 10:00 on March 17, 31 provinces reported 91 new imported cases and 1,226 locally transmitted cases, with a total of 3,336 confirmed cases in Hong Kong, Macao, and Taiwan. Among these regions, Jilin Province is particularly hard-hit, with 8,507 confirmed cases, followed by Guangdong Province, which has 1,774 cases, and Shandong Province, with 1,146 confirmed cases.

As public health measures tighten and local logistics and transportation become restricted, businesses are also facing significant challenges in their production processes.

I. Manufacturing Enterprises Affected

Manufacturer Provincial and municipal levels Production capacity Equipment Shutdown Status
Hongji Petrochemical Jiaxing, Zhejiang 48 The equipment is operating at around 40-50% capacity.
Satellite Petrochemicals Jiaxing, Zhejiang 45 The equipment is operating at around 40-50% capacity.
Zhuhai Pagoda Zhuhai, Guangdong 8 The equipment load is low.
Shandong Kaiyi Zibo, Shandong 10 Equipment shutdown
HSBC Petrochemical Zibo, Shandong 15 Equipment shutdown
Jianyuan Chun Chemicals Shandong, Weifang 10 The equipment load is low.
Lu Qing Petrochemical Shandong, Weifang 50 The equipment is operating at about 50% load.
Dongfang Hongye Shandong, Weifang 30 The equipment is operating at about 20% load.
Shandong Hengyuan Dezhou, Shandong 4.5 Equipment shutdown; recovery time to be determined.
Rizhao Guangxin Rizhao, Shandong 20 Equipment shutdown
Qingdao Petrochemical Shandong, Qingdao 7 The equipment is running normally.
Shijiazhuang United Hebei, Shijiazhuang 6 The equipment is running normally.
Cangzhou Refinery Hebei, Cangzhou 6 The equipment is running normally.
Zhongjie Petrochemical Hebei, Cangzhou 6 Device Parking for maintenance; expected to resume in June.
Nanjing Jinling Jiangsu, Nanjing 25 Startup of the unit at low load
Lianyungang Huidao Jiangsu Lianyungang 7 Equipment shutdown
Kebang Petrochemical Jiangsu Lianyungang 8 Equipment shutdown; recovery time to be determined.
Harbin Refinery Heilongjiang, Harbin 8 Device load reduced
Liaohe Petrochemical Liaoning Panjin 3 Equipment shutdown
Yingkou Xiangyang Liaoning, Yingkou 2 Equipment shutdown

As a major and typical region for PP powder production, Shandong Province undoubtedly faces significant pressure. Manufacturers there have been strictly implementing epidemic prevention measures; aside from a few affected facilities temporarily halting operations, most are still maintaining orderly production. However, the sales channel has encountered transportation disruptions, which have led to a noticeable increase in inventory levels across most manufacturers.

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