The hottest petrochemical industry in China has pr

China's petrochemical industry has recently presented four new features

"the global petrochemical industry is facing a series of new changes and trends. China's petrochemical industry is at a critical moment of structural adjustment, transformation and upgrading, and has four characteristics in raw materials, industrial chain and so on." On August 22, Zhao Jungui, vice president of the China Federation of petroleum and chemical industries, said at the press conference of the 2014 China International Petrochemical conference

the Chinese market is eye-catching

the report issued by the China Federation of petroleum and chemical industries shows that in the first half of this year, China's stone developed countries took the lead in graphite deep processing technology and carried out technical closure. Enterprises above Designated Size in the oil and chemical industry achieved a main revenue of 6.79 trillion yuan, an increase of 8.0% year-on-year; The total profit was 419.03 billion yuan, an increase of 6.4%, accounting for 13.2% and 14.6% of the main revenue and total profit of national scale industries respectively

the rapid development of emerging economies has provided a strong driving force and market space for the development of the global petrochemical industry, and promoted the transfer of market growth focus from North America and Western Europe to the high-speed growth Asia Pacific and South America. In the future, Asia will continue to maintain its position as the center of global demand growth for petrochemical products

diversification of raw materials

with the in-depth development and utilization of unconventional global oil and gas resources, especially the great success of the shale gas revolution in the United States, the supply focus of global oil and gas resources is shifting to the West. Canada, Venezuela, Mexico and Brazil are becoming new global oil and gas production and export growth points. The United States will gradually get rid of its dependence on Middle East oil. The global oil and gas production dominated by the Middle East is changing. The focus of global energy supply will accelerate the transfer from the Middle East to the Western Hemisphere, and a new energy axis will quietly rise in the Western Hemisphere

China has limited reserves of crude oil and natural gas, while rich reserves of coal. China has made breakthroughs in coal chemical industry demonstration projects. According to the report released by China Shenhua on August 22, the sales volume of polyethylene in coal chemical route in the first half of the year was 1525000 tons, an increase of 14% year-on-year; Polypropylene sales volume was 1.55 million tons, with a year-on-year increase of 14.3%

in the long run, the development of modern coal chemical industries such as coal to natural gas, coal to oil and coal to olefins will be China's unique advantage. Modern coal chemical industry will become another important branch in the diversification of petrochemical raw materials in China

high end differentiation

the development of high-end and differentiation will promote China's petrochemical industry to continue to extend to the high end of the value chain

innovation is the main driving force for industrial transformation and upgrading. Driving structural transformation with technological innovation has become the key to seize the commanding height of future competition. Under the circumstances of general overcapacity, rising costs and narrow profit space in the traditional petrochemical industry, the main way for petrochemical enterprises to win competitive advantages in the future is to develop and produce high-tech and high value-added products and realize high-end and differentiation of products. New chemical materials will become the fastest-growing and most competitive industry. Most multinational companies take new chemical materials as the focus of future development and continue to increase scientific research investment

green low carbon

green low carbon is becoming the theme of the future development of petrochemical industry

under the severe situation of global warming and environmental protection, energy conservation, consumption reduction and energy efficiency improvement are the eternal pursuit of the petrochemical industry, especially strengthening the enterprise society, improving energy efficiency and reducing pollution emissions, which are important guarantees for the sustainable development of the petrochemical industry

environmental protection is the most arduous and urgent task facing the petrochemical industry at present and in the future. Now it has entered the track of legalization to provide advanced solutions and technical products for energy conservation, emission reduction and environmental protection. Whether it is the traditional "three wastes" treatment of wastewater, waste residue and waste gas, improving the efficiency of energy and resources, or reducing and treating carbon dioxide greenhouse gas emissions, the petrochemical industry will have great prospects

note: the reprinted content is specially indicated after one year of rapid growth in 2012. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content