Investor Presentaiton
China PDH Buildout Continues
-Propane Dehydrogenation ("PDH") Facilities produce propylene ultimately for plastics
China is Adding Over 400 MBbl/d of New PDH Capacity in 2023-2024, a 70%
Increase to the Existing Operational Capacity of 570 MBbl/d
Globally Planned PDH Units
MBbl/d
China's Planned 2023/2024 PDH Units
lin
China North America Middle East Rest of Asia Europe
400
Inner Mongolia Autonomous Region
300
Beijing
200
Shanxi
Hebei
Liaoning
Lihuayi Weiyuan Chemical
24,000 BPD
2024
Shandong Befar Chemical
24,000 BPD
2H 2023
South
Korea
100
0
2023
2024
Shaanxi
Shandong
Jiangsu
Qingdao Jinneng No 2
37,000 BPD 2H 2023
Yellow Sea
Sinochem Ruiheng Xuyu
CHINA
24,000 BPD
2Q 2023
Anhui
Yanchang Zhongran Taixing
24,000 BPD
2Q 2023
Tibet Autonomous Region
Sichuan
Chongqing Huahong Petrochemical No 2
Shanghai
Formosa Ningbo
24,000 BPD 2H 2023
18,000 BPD
Globally planned PDH units will
require over 573 MBbl/d of
incremental propane feedstock
from 2023-2024
2Q 2023 Jiangxi
Ningbo Jinfa No 2
Zhejiang
Yuanjin New Material (Sanyuan subsidiary)
31,000 BPD
24,000 BPD 2H 2023
Guizhou
2024
Fujian Soft Packaging Meide
37,000 BPD
2H 2023
Fujian
East China Sea
Quanzhou Guoheng Chemical
24,000 BPD
2H 2023
Juzhengyuan No 2
Myanmar
Thailand
Laos
24,000 BPD 2Q 2023
Vietnam
| Antero Resources (NYSE: AR)
Source: Argus, Energy Aspects
Hainan.
Guangdong
Taiwan
Hong Kong
Oriental Maoming No 1
24,000 BPD 2Q 2023
Oriental Maoming No 2
24,000 BPD
2024
Grand Resources No 3
24,000 BPD
2024 W
E
South China Sea
0
100
200
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