February 12th - Recently, the Sanming Municipal Ecological Environment Bureau accepted and publicized the environmental impact assessment documents for the technical transformation project of the perfluoropolyether (PFPE) production line at Sanming Haifluor Chemical Co., Ltd. The project involves the technical transformation of the existing PFPE production line, with the original capacity of 1,000 t/a PFPE being adjusted to 500 t/a PFPE and 500 t/a of other products.
Chempricehub Analysis on PFPE, Bull-Bear Score: 2
This project reduces PFPE production capacity from 1,000 t/a to 500 t/a, resulting in a significant decrease in supply. Against a backdrop of stable demand, the contraction in supply is likely to drive up spot prices, which is favorable for market supply-demand balance. With a capacity adjustment of 50%, this represents a major change and is therefore rated as a significant positive development.