April 28 News – Recently, the Yantai Municipal People's Government released the public notice of the environmental impact assessment document acceptance for the organosilicon production project of Shandong Huasheng Chemical Co., Ltd. The project produces a series of organosilicon products with an annual capacity, utilizing waste silicone rubber recycling to produce the intermediate DMC, and supporting the production of virgin-grade 201 methyl silicone oil, food-grade silicone oil, and linear 107 methyl silicone rubber. The annual output includes 26,000 tons of silicone oil and 35,500 tons of silicone rubber, with a portion of the intermediates available for external sale. Chempricehub comments on industrial silicon: Bull/Bear rating: 1.5. The new project of Shandong Huasheng Chemical Co., Ltd. will produce an annual series of organosilicon products, including 26,000 tons of silicone oil and 35,500 tons of silicone rubber, while recycling waste silicone rubber to produce intermediates such as DMC. This will significantly boost demand for industrial silicon raw materials, benefiting spot prices. The increase in demand may drive up industrial silicon futures prices, particularly for the main contract 2609, which has relatively high open interest and recently low price volatility. The new capacity may reinforce the bullish trend.
Comments
0