Zhejiang Joya Polymer Technology Co.,Ltd , https://www.joyapolymer.com
MMA is mainly used as boards, molding materials such as computers, automobiles, electrical parts and signal boards. Due to the rapid growth in demand for China's MMA market, it has become the goal of multinational companies. The 93,000 t/a MMA project of the British Lucite special company in Shanghai Chemical Industrial Park commenced production in July this year. The second phase is planned to expand to 150,000 tons/year. Japan's Mitsubishi Rayon Co., Ltd. plans to start production of the 90,000-ton/year MMA project in the Daya Bay Petrochemical Industrial Park in Huizhou in July 2006. The project will use the world's most advanced C4 oxidation technology to produce MMA through oxidation reaction of isobutylene. Mitsubishi Synthetic Fiber Company and Marubeni Corp. have established a MMA resin joint venture in Nantong and will build a 100,000-ton/year installation within the year.
Degussa will also build an MMA unit in China to consolidate its position as a global leader in methacrylate production. The company intends to build a MMA combined facility in Shanghai with a capacity of at least 100,000 tons/year. The downstream installations include polymethyl methacrylate (MMA), graphite (MMA), silicon, and silicon. 500 million euros will be completed by the end of 2008 to the beginning of 2009. Degussa's existing MMA plant uses acetone and hydrocyanic acid feedstocks, but new installations in China may use the C4 oxidation route.
According to reports, the Asian MMA expansion is accelerating and this year's production capacity will reach 1.3 million tons. Sumitomo Chemical Co., Ltd. plans to build a 90,000-ton/year MMA plant and a 50,000-ton/year PMMA plant in Singapore. The two units will have a total investment of 2 billion yen and will be put into production in the first quarter of 2008. The British Lucite special company also plans to construct MMA plant in Singapore recently, Thailand MMA company will expand the original MMA apparatus production capacity to 83,000 tons/year, at the same time build 10,000 tons/year of butyl methacrylate device . The 40,000-ton/year MMA plant built by Korea’s LGMMA company in Yecheon, South Korea, will be completed in October 2005.
According to the latest report of the US "Chemical Weekly", the global demand for methyl methacrylate (MMA) market has increased by 6% in recent years, and the growth rate in the Chinese market is as high as 15%. In 2004, the global MMA production capacity was approximately 2.5 million tons/year. At present, the operating rate of almost all of the devices reached 100%, and manufacturers have stepped up their energy expansion and new construction projects.