Global Polypropylene (PP) production capacity reached 46.982 mln tons in 2007, increased by 3 mln tons compared to the year of 2006, with the newly-added production capacity mainly from Middle East as per a new report by companiesandmarkets.com. The report states that in 2007, China's PP production capacity reached 7.15 million tons, increased by 400,000 tons compared to 2006. Sinopec and PetroChina are the two key PP producers in China, accounting for 67.3% and 27.7% of China's total production capacity respectively.
In China, PP is mainly used for the manufacturing of knitting products, film products, plastic products and textile products, applicable for the sectors of packaging, electronics and home appliance, automobile, fiber and building pipes. The domestic-made materials had dominated China knitting products market, the proportion of PP consumption had dropped to 46% in 2007 from 60% in 2001. In addition, the knitting products will focus on large, heavy-duty, high-strength, anti-static and anti-aging packaging bags.
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