Table of Contents

PART I PRODUCTION TECHNOLOGY AND SECURITY MANAGEMENT 1

1 PERFORMANCE AND USE OF HYDROGEN PEROXIDE 1
2. PRODUCTION TECHNOLOGY OF HYDROGEN PEROXIDE 5
  2．1 TECHNOLOGY APPLIED BY MAIN PRODUCERS ABROAD 5
  2．2 TECHNOLOGY APPLED BY MAIN PRODUCERS IN CHINA 10
  2．3 H2O2 production technology on developing 15
3 THE SAFETY MANAGEMENT FOR THE FACILITY CONSTRUCTION AND PRODUCTION PROCESS OF H2O2 17
  3．1 Analysis for the factors of influencing the stability of H2O2 17
  3．2 Analysis for the safety accidents during facility construction and production process 18
  3．3 The important parameters of influencing safety during facility construction and production process 19
  3．4 Safety precautions 20
      3．4．1 Safety Precautions during facility construction 20
      3．4．2 Safety Precautions during production process 21
4 SAFETY MANAGEMENT FOR THE PROCESSES OF PACKING, TRANSPORTATION, STORAGE AND USE OF H2O2 23
  4．1 Guidance for safe operation 24
  4．2 First aid disposal 26
  4．3 Personal Protection 28

PART II GLOBAL MARKET RESEARCH 29

1. PRODUCTION STATUS OF HYDROGEN PEROXEDE GLOBALLY 29
2. CONSUMPTION STATUS OF HYDROGEN PEROXEDE GLOBALLY 42
3. PRICES FOR HYDROGEN PEROXIDE GLOBALLY 46
4 IMPORT AND EXPORT FOR HYDROGEN PEROXIDE GLOBALLY 48
  4.1 Import and Export for Hydrogen of U.S. 48
  4.2 Import and Export for Hydrogen of Japan 50
  4.3 Import and Export for Hydrogen of Western Europe 51
5. LATEST DEVELOPMENT OF GLOBAL LARGE INSTALLATIONS 52

PART III CHINA MARKET RESEARCH 54

1. PRODUCTION STATUS OF HYDROGEN PEROXEDE IN CHINA 54
2. LATEST DEVELOPMENT OF CHINESE INSTALLATIONS 72
  2．1 Projects planned to Establish or being Established 72
  2．2 Aborted Project of Hydrogen Peroxide once planed to Establish 73
3. CHINESE IMPORTS OF HYDROGEN PEROXIDE 73
  3．1 Chinese Imports of Hydrogen Peroxide from 1995 to 2007 73
  3．2 Chinese Imports of Hydrogen Peroxide from Jan., 2005 to Nov., 2007 75
  3．3 Chinese Imports of Hydrogen Peroxide by Country of Origin in 2006 and in 2007 77
  3．4 Chinese Imports of Hydrogen Peroxide by Province and Customs in 2006 and in 2007 81
  3．5 Chinese Imports of Hydrogen Peroxide by Trade and Company Type in 2006 and in 2007 92
  3．6 Imports of Every Importers in 2007 95
4. CHINESE EXPORTS OF HYDROGEN PEROXIDE 98
  4．1 Chinese Exports of Hydrogen Peroxide from 1995 to 2007 98
  4．2 Chinese Exports of Hydrogen Peroxide from Jan., 2005 to Nov., 2007 100
  4．3 Chinese Exports of Hydrogen Peroxide by Destination Country in 2006 and in 2007 101
  4．4 Chinese Exports of Hydrogen Peroxide by Province and Customs in 2006 and in 2007 107
  4．5 Chinese Exports of Hydrogen Peroxide by Trade and Company Type in 2006 and in 2007 115
  4．6 Exports of Every Exporters in 2007 117
5. THE CONSUMPTION STATUS OF HYDROGEN PEROXEDE IN CHINA 120
6. BALANCE FORECAST OF CHINESE SUPPLY AND DEMAND 123
  6．1 Chinese Demand Forecast for Hydrogen Peroxide via Elasticity Method 123
  6．2 Chinese Supply/Demand and Development Forecast for Hydrogen Peroxide 125
7 CHINESE PRICES FOR HYDROGEN PEROXIDE 126
  7．1 Chinese Prices for Hydrogen Peroxide from Jan.,2005 to Nov.,2007 126
  7．2 Chinese Prices for Hydrogen Peroxide in Recent Years 129
  7．3 Chinese Price Forecast via Exponential Smoothing Method 132
8. SUGGESTION ON INVESTMENT AND DEVELOPMENT OF HYDROGEN PEROXIDE 133

PART IV EASTERN AND SOUTH EASTERN ASIA MARKET RESEARCH 135

1. INDIA 135
2. INDONESIA 136
3. THAILAND 137
4. PAKISTAN 138
5. REPUBLIC OF KOREA 138
6. SINGAPORE 139
7. TAIWAN 139
8 TRADE BETWEEN SOUTH EASTERN ASIA AND P.R.CHINA 140
  8.1 Exports of South Eastern Asia to P.R.China 140
  8.2 Imports of South Eastern Asia from P.R.China 145

APPENDIX 150

TABLE AND CHART 155

Table 1-1 The Industry Standard for H2O2 in Japan 2
Table 1-2 The Military Standard for H2O2 in USA 2
Table 1-3 U.N. Food and Agriculture Organization/ World Health Organization Standard 2
Table 1-4 GB1616-2003 Quality Standard for H2O2 3
Table 1-5 The uses for H2O2 with different purities 5
TABLE 2－1 ANNUAL CAPACITY FOR HYDROGEN PEROXIDE BY MAJOR PRODUCING REGION 29
CHART 2－1 CAPACITY OF HYDROGEN PEROXIDE BY MAJOR REGION－2002 30
TABLE 2－2 U.S. SUPPLY/DEMAND FOR HYDROGEN PEROXIDE IN RECENT YEARS 32
CHART 2－2 U.S. CAPACITY AND PRODUCTION OF HYDROGEN PEROXIDE IN RECENT YEARS 33
TABLE 2－3 2007 CAPACITY FOR HYDROGEN PEROXIDE OF EVERY PRODUCER IN U.S 34
TABLE 2－4 WESTERN EUROPE PRODUCERS OF HYDROGEN PEROXIDE AND THEIR CAPACITY 35
CHART 2－3 JAPANEASE CAPACITY OF HIGH-PURITY HYDROGEN PEROXIDE BY PRODUCERS 36
TABLE 2－5 GLOBAL MAJOR PRODUCERS’ CAPACITY OF HYDROGEN PEROXIDE BY REGION 38
CHART 2－4 GLOBAL MAJOR PRODUCERS’ CAPACITY OF HYDROGEN PEROXIDE IN 2005 39
TABLE 2－6 SUPPLY/DEMAND FOR HYDROGEN PEROXIDE BY GLOBAL MAJOR REGION－2004 41
TABLE 2-7 CONSUMPTION OF HYDROGEN PEROXIDE BY GLOBAL MAJOR REGION 42
CHART 2－5 GLOBAL CONSUMPTION OF HYDROGEN PEROXIDE BY END USE－2004/2009 43
TABLE 2－8 GLOBAL MAJOR CONSUMER OF HYDROGEN PEROXIDE BY REGION 45
TABLE 2－9 U.S. LIST PRICES FOR HYDROGEN PEROXIDE 47
TABLE 2－10 JAPANESE UNIT SALES VALUES FOR HYDROGEN PEROXIDE 47
CHART 2－6 JAPANESE HISTORICAL PRICE CURVE FOR HYDROGEN PEROXIDE 48
Table 2-11 U.S. Imports of Hydrogen Peroxide by Country of Origin in Recent Years 49
Table 2-12 U.S. Exports of Hydrogen Peroxide by Destination Country in Recent Years 49
Table 2-13 Japan Exports of Hydrogen Peroxide by Destination Country in Recent Years 50
TABLE 2-14 IMPORTS FOR HYDROGEN PEROXIDE IN RECENT YEARS 51
Table 2-15 Western Eurpe Imports of Hydrogen Peroxide by Country of Origin in Recent Years 52
TABLE 3-1 CHINESE CAPACITY AND PRODUCTION OF HYDROGEN PEROXIDE 54
CHART 3-1 CHINESE CAPACITY AND PRODUCTION OF HYDROGEN PEROXIDE FROM 1995 TO 2006 56
TABLE 3-2 GUANGDONG ZHONGCHENG’S EXPORTS OF HYDROGEN PEROXIDE BY DESTINATION COUNTRY FROM JAN. TO OCT. IN 2007
58
CHART 3-2 GUANGDONG ZHONGCHENG’S EXPORT CONSTRUCTURE OF HYDROGEN PEROXIDE FROM JAN. TO OCT. IN 2007 59
TABLE 3-3 EXPRT QUANTITY, VALUE, AND PRICE OF GUANGDONG ZHONGCHENG FROM JAN. TO OCT., 2007 60
CHART 3-3 TREND OF EXPORTS OF GUANGDONG ZHONGCHENG IN 2007 61
CHART 3-4 DONGYING SHUNTONG’S EXPORT CONSTRUCTURE OF HYDROGEN PEROXIDE FROM JAN. TO OCT. IN 2007 62
CHART 3-5 SHANGHAI YUANDA’S EXPORT CONSTRUCTURE OF HYDROGEN PEROXIDE FROM JAN. TO OCT. IN 2007 64
TABLE 3-4 SHANGHAI ARKEMA’S EXPORTS OF HYDROGEN PEROXIDE BY DESTINATION COUNTRY FROM JAN. TO OCT. IN 2007 66
CHART 3-6 SHANGHAI ARKEMA’S EXPORT CONSTRUCTURE OF HYDROGEN PEROXIDE FROM JAN. TO OCT. IN 2007 67
TABLE 3-5 EXPRT QUANTITY, VALUE, AND PRICE OF SHANGHAI ARKEMA FROM JAN. TO OCT., 2007 68
CHART 3-7 TREND OF EXPORTS OFSHANGHAI ARKEMA IN 2007 69
Table 3-6 Chinese Imports of Hydrogen Peroxide from 1995 to 2007 74
Chart 3-8 Chinese Import Trend of Hydrogen Peroxide from 1995 to 2006 75
Table 3-7 Chinese Imports of Hydrogen Peroxide from Jan., 2005 to Nov, 2007 76
(gross weight) 76
Chart 3-9 Chinese Import Trend of Hydrogen Peroxide from Jan., 2005 to Nov., 2007 77
Table 3-8 Chinese Imports of Hydrogen Peroxide by Country of Origin in 2006 78
Table 3-9 Chinese Imports of Hydrogen Peroxide by Country of Origin from Jan. to Oct. in 2006 and in 2007 79
Table 3-10 Comparison of Imports by Country of Origin from Jan. to Oct. in 2006 and in 2007 80
Table 3-11 Chinese Imports of Hydrogen Peroxide by Province and Customs in 2006 81
Table 3-12 Chinese Imports of Hydrogen Peroxide by Province from Jan. to Oct. in 2006 and in 2007 85
Table 3-13 Chinese Imports of Hydrogen Peroxide by Customs from Jan. to Oct. in 2006 and in 2007 90
Table 3-14 Comparison of Imports by Province and Customs from Jan. to Oct. in 2006 and in 2007 91
Table 3-15 Chinese Imports of Hydrogen Peroxide by Trade and Company Type in 2006 93
CHART 3-10 IMPORT CONSTRUCTURE BY TRADE IN 2006 94
CHART 3-11 IMPORT CONSTRUCTURE BY COMPANY TYPEIN 2006 94
Table 3-16 Chinese Imports of Hydrogen Peroxide by Importers from Jan. to Oct., 2007 95
CHART 3-17 IMPORTS OF EVERY IMPORTER FROM EVERY COUNTRY 97
Table 3-18 Chinese Exports of Hydrogen Peroxide from 1995 to 2007 98
Chart 3-12 Chinese Export Trend of Hydrogen Peroxide from 1995 to 2006 99
Table 3-19 Chinese Exports of Hydrogen Peroxide from Jan., 2005 to Nov, 2007 100
(gross weight) 100
Chart 3-13 Chinese Export Trend of Hydrogen Peroxide from Jan., 2005 to Nov., 2007 101
Table 3-20 Chinese Exports of Hydrogen Peroxide by Destination Country in 2006 102
Table 3-21 Chinese Exports of Hydrogen Peroxide by Destination Country from Jan. to Oct. in 2006 and in 2007 104
Table 3-22 Comparison of Exports by Destination Country from Jan. to Oct. in 2006 and in 2007 106
Table 3-23 Chinese Exports of Hydrogen Peroxide by Province and Customs in 2006 107
Table 3-24 Chinese Exports of Hydrogen Peroxide by Province from Jan. to Oct. in 2006 and in 2007 110
Table 3-25 Chinese Exports of Hydrogen Peroxide by Customs from Jan. to Oct. in 2006 and in 2007 113
Table 3-26 Comparison of Exports by Province and Customs from Jan. to Oct. in 2006 and in 2007 114
Table 3-27 Chinese Exports of Hydrogen Peroxide by Trade and Company Type in 2006 115
CHART 3-14 EXPORT CONSTRUCTURE BY TRADE IN 2006 116
CHART 3-15 EXPORT CONSTRUCTURE BY COMPANY TYPEIN 2006 116
Table 3-28 Chinese Exports of Hydrogen Peroxide by Exporters from Jan. to Oct., 2007 117
CHART 3-29 EXPORTS OF EVERY EXPORTER TO EVERY COUNTRY 119
TABLE 3－30 CHINESE SUPPLY/DEMAND FOR HYDROGEN PEROXIDE FROM 1995 TO 2006 121
（ten thousands of metric tons，％， 100％H２Ｏ２ basis ） 121
CHART 3-16 TREND OF CHINESE PRODUCTION, NET IMPORTS, AND CONSUMPTION FOR HYDROGEN PEROXIDE FROM 2005 TO 2006 122
TABLE 3-31 CHINESE CONSUMPTION OF HYDROGEN PEROXIDE BY END USE 123
TABLE 3－22 CHINESE ELASTICITY OF CONSUMPTION FOR HYDROGEN PEROXIDE 124
(ten thousand metric tons,％) 124
TABLE 3-33 CHINESE PREDICTED DATA OF CONSUMPTION FOR HYDROGEN PEROXIDE IN NEAR FUTURE 125
TABLE 3-34 CHINESE AVERAGE MONTHLY FOB PRICE AND CIF PRICE 126
CHART 3－17 TREND OF HYDROGEN PEROXIDE CIF PRICES FROM JAN.,2005 TO NOV.,2007 127
CHART 3－18 TREND OF HYDROGEN PEROXIDE FOB PRICES FROM JAN.,2005 TO NOV.,2007 128
TABLE 3-35 CHINESE LIST PRICES FOR HYDROGEN PEROXIDE (27.5%, 35%, 50%) 129
TABLE 3-36 CHINESE CIF AND FOB PRICE FROM 1995 TO 2007 130
CHART 3-19 TREND OF CHINESE CIF AND FOB PRICE FROM 1995 TO 2007 131
TABLE 3－37 CHINESE ANNUAL AVERAGE FOB PRICES 132
TABLE 3－38 PREDICTED VALUE OF HYDROGEN PEROXIDE PRICES VIA EXPONENTIAL SMOOTHING METHOD 133
TABLE 3-39 EVALUATION ON 80 THOUSANDS OF METRIC TONS OF HYDROGEN PEROXIDE IN LUOYANG , HENAN PROVINCE 134
TABLE 4－1 CAPACITY OF PRODUCERS OF INDIA 135
TABLE 4－2 CAPACITY OF PRODUCERS OF INDONESIA 136
TABLE 4－3 CAPACITY OF PRODUCERS OF TAILAND 137
TABLE 4－4 CAPACITY OF PRODUCERS OF KOREA 139
TABLE 4－5 CAPACITY OF PRODUCERS OF TAIWAN 140
TABLE 4-6 EXPORTS OF SOUTH EASTERN ASIA TO P.R.CHINA IN THE FIRST TEN MONTHS OF 2007 140
TABLE 4-7 CHINESE IMPORTERS OF HYDROGEN PEROXIDE FROM REPUBLIC OF KOREA IN 2007 141
TABLE 4-7 CHINESE IMPORTERS OF HYDROGEN PEROXIDE FROM TAIWAN IN 2007 143
TABLE 4-9 IMPORTS OF SOUTH EASTERN ASIA FROM P.R.CHINA IN THE FIRST TEN MONTHS OF 2007 145
TABLE 4-10 CHINESE EXPORTERS OF HYDROGEN PEROXIDE TO REPUBLIC OF KOREA IN 2007 146
TABLE 4-11 CHINESE EXPORTERS OF HYDROGEN PEROXIDE TO PAKISTAN IN 2007 147
TABLE 4-12 CHINESE EXPORTERS OF HYDROGEN PEROXIDE TO SOUTH EASTERN ASIA IN 2007 147
APPENDIX TABLE 1 CHINESE EXPORTERS OF HYDROGEN PEROXIDE IN 2007 150
APPENDIX TABLE 2 CHINESE IMPORTERS OF HYDROGEN PEROXIDE IN 2007 ( TOP 30) 152