April 21 News
On April 20, the bidding results for the third section of the insulation engineering of the acrylic ester and superabsorbent polymer new materials project of Tianjin Bohua Petrochemical, a subsidiary of China National Chemical Engineering Second Construction Co., Ltd., were announced. Zhong Sifang Construction Group Co., Ltd. won the bid. The project is located in the Lingang area of the Tianjin Port Free Trade Zone, with a total investment of 2.25 billion yuan. The construction scale includes multiple sets of acrylic acid and ester units, superabsorbent polymer units, etc., covering an area of approximately 100,000 square meters. Originally planned with an 18-month construction period and scheduled for commissioning in December 2025, Bohai Chemical has announced that some units of the project will begin operation on February 24, 2026.

Chempricehub Analysis on Acrylic Acid, Bull-Bear Score: -1
This project involves the construction of acrylic acid units, with some units already in operation. The additional production capacity will increase market supply, leading to a looser supply-demand balance and exerting downward pressure on spot prices of acrylic acid. The score is -1 (generally bearish) due to the project's large scale (total investment of 2.25 billion yuan). However, the extent of its impact depends on the overall market's absorption capacity. The current trend of increasing supply is already evident, which may limit the upside potential for prices.