On January 8th, news broke that the Hubei Government Service Network released information regarding the approval announcement for the Hubei Xingzhen Annual 30,000-ton Organic Silicon Products Construction Project. The planned construction project scale is as follows: Phase I includes 2,500 tons of tetramethoxysilane and 5,000 tons of organic silicon resin; Phase II includes 1,500 tons of silicone rubber, 5,000 tons of organic silicon adhesive, 500 tons of organic silicon coatings, and 500 tons of emulsified silicone oil; Phase III includes 7,500 tons of tetramethoxysilane, 2,500 tons of organic silicon resin, 1,500 tons of silicone rubber, 5,000 tons of organic silicon adhesive, 500 tons of organic silicon coatings, and 500 tons of emulsified silicone oil. Chempricehub analyzed organic silicon DMC, with a long-short rating of 1.5. The Hubei Xingzhen Annual 30,000-ton Organic Silicon Products Construction Project has been approved and will be constructed in three phases, including products such as tetramethoxysilane, organic silicon resin, and silicone rubber. This project expands the production capacity of organic silicon products, directly increasing the potential demand for the raw material organic silicon DMC, and is expected to drive up spot prices. The project scale is significant, with capacity gradually being released, providing favorable support for market supply and demand, and demand growth is relatively strong.
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