1. The domestic application of N-methyldiethanolamine is mainly used as the main component of high-efficiency compound desulfurization agent for desulfurization in oil refineries. The main users are Sinopec, PetroChina, CNOOC and other central enterprises and local oil refining enterprises. In 2016, the annual demand is expected to be around 30,000 to 40,000 tons, and the total domestic production capacity of N-methyldiethanolamine is already close to 100,000 tons. Serious overcapacity is already an indisputable fact
2. Due to excess capacity in the domestic market. Competition is fierce. At the end of 2015, the market price of N-methyldiethanolamine dropped significantly. From 18,000 yuan/ton at the beginning of 2015 to 120,000 yuan/ton at the end of the year. A sharp drop in product prices has led to a sharp drop in profits. Some manufacturers with low output of devices. Due to higher production costs. They have chosen to stop the production equipment vehicles. Instead, purchase and supply some fixed old customers from manufacturers with lower prices. Production is gradually concentrated to high-capacity production facilities. Drive the load increase of high-capacity devices and prolong the production and operation cycle. This further reduces production costs and increases corporate profits. Enhanced the strength of the enterprise. Thereby increasing market share, realizing market optimization and survival of the fittest
3. Enhance the overall strength, while providing products. Provide high-quality technical services to customers, solve technical problems encountered in production that cannot be solved by production units for customers, and increase the added value of products. This is also the market law of survival of the strong. Whoever has strong technical strength, excellent product quality, and timely after-sales service will be the final winner
