Latest News

China to account for more than quarter of caustic soda capacity additions in Asia by 2026, forecasts GlobalData

August 26, 2022 ( Newswire) China will register the highest caustic soda capacity additions in Asia, contributing about 41% of the region’s capacity additions by 2026, estimates GlobalData, a leading data and analytics company.

GlobalData’s latest report, ‘Caustic Soda Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Announced Projects, 2022-2026‘ reveals that China leads with the largest capacity additions globally, with a capacity of 2.30 mtpa from 6 planned projects.

Sudarshini Ennelli, Oil and Gas Analyst at GlobalData, comments: “In China, the major capacity addition will come from a planned project, Xinjiang Zhongtai Chemical Company Baicheng Caustic Soda Plant, with a capacity of 0.80 mtpa. It is expected to commence production of caustic soda in 2024”.

Tianjin Bohai Chemical Development Company Tianjin Caustic Soda Plant follow with second highest capacity additions of 0.60 mtpa by 2030. The plant is expected to commence operations by 2022.

Sudarshini concludes: “Fujian Southeast Electrochemical Fuzhou Caustic Soda Plant 2 and Guangxi Huayi New Materials Qinzhou Caustic Soda Plant 1 are the third highest contributors in terms of capacity additions in the country accounting for 0.30 mtpa capacity each. Both the plants are expected to commence production of caustic soda by 2023”.

For more information

To gain access to our latest press releases: GlobalData Media Centre

Analysts available for comment. Please contact the GlobalData Press Office:

EMEA & Americas: +44 (0)207 832 4399
Asia-Pacific: +91 40 6616 6809

Notes to Editors

Quotes provided by Sudarshini Ennelli, Oil & Gas Analyst at GlobalData
Information based on GlobalData’s report: Caustic Soda Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Announced Projects, 2022-2026
This press release was written using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData’s team of industry experts

About GlobalData

4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.

More Info:

This news is published on the Newswire – a global digital news source for investors and business leaders

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: Learn more about publishing your news release and our other news services on the newswire and

Global investors must adhere to regulations of each country. Please read privacy policy:

What's your reaction?

In Love
Not Sure

You may also like

More in:Latest News

Leave a reply

Your email address will not be published. Required fields are marked *