Listed companies producing styrene

Among A-share listed companies, companies that produce styrene and propylene include Huajin, Liang Shuang Energy Saving and Taihua. Styrene, abbreviated as SM, is an important basic raw material in petrochemical industry. This product is mainly used as raw materials for polyethylene and styrene-butadiene rubber engineering plastics (such as ABS and AAS). ), ion exchange resin, medicine, etc. In addition, it can also be used in dye, medicine, pesticide and mineral processing industries.

Huajin Co., Ltd. (000059): Huajin Co., Ltd. is the strategy of Liaotong Chemical Industry Group to open up the chemical industry chain by platform, providing financial support for the expansion of Liaotong Chemical Industry and ensuring the stability of raw material supply and sales channels. At present, the company has formed a production capacity of 5 million tons of oil refining, 630,000 tons of ethylene, 6,543,800 tons of polyolefin and more than 3 million tons of other petrochemical products. However, the petrochemical industry is a strong cyclical industry, affected by economic cycles and policies, and its performance fluctuates greatly. Although the fertilizer business is small in scale, its high gross profit is relatively stable. Therefore, the company regards chemical fertilizer as a stable stone and develops petrochemical industry, which goes hand in hand.

Liang Shuang Energy Conservation (60048 1): As a traditional bulk chemical product, the price of styrene fluctuates greatly with the oil price, and so does the gross profit. Since styrene accounts for 60% ~ 70% of Liang Shuang's energy-saving income, the profit and loss of styrene has a great influence on the company's overall profit. However, on May 18, the company's 240,000-ton EPS project was put into trial operation.

Taihua Co., Ltd. (60028 1): the largest coking benzene producer in China. The 300,000-ton/year coking crude benzene refining project, the first phase of which is 80,000 tons/year, the second phase of which is 1.2 million tons/year, has been put into production, and the third phase of which is about to start. The company has become the largest crude benzene refining enterprise in China, mainly producing pure benzene, toluene and xylene. Taihua Co., Ltd. uses Shanxi's rich coal resources to extract coking benzene. Because the output of pure benzene is less than that of styrene, the increment is half less than that of styrene, which will bring it more stamina. Taihua shares are expected to catch up with Liang Shuang downstream to save energy.