The hottest petrochemical industry has prominent s

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In 2015, China's petroleum and chemical industry is still facing serious structural contradictions, and the pressure of structural transformation is huge. On the one hand, there is overcapacity in traditional petrochemical products, and on the other hand, there is a shortage of resource products and high-end petrochemical products

in 2015, fixed asset investment in China's petroleum and chemical industry fell by 0.5% year-on-year, the first decline in history. Among them, the growth rate of investment in oil and gas exploration industry was less than 1%, the investment in oil refining industry fell by nearly 20%, and the growth rate of investment in chemical industry fell to about 2%, setting a record low

industry investment lacks new economy 2 The growth highlights and differentiated investment direction in the divestiture experiment, and insufficient investment may have a serious impact on the future industry recovery and structural adjustment. Zhu Fang, deputy director of the information and marketing department of the China Petroleum and Chemical Industry Federation, said

Zhu Fang said that at present, the total production capacity of China's traditional bulk petrochemical products significantly exceeds the domestic market demand, resource and environmental constraints are becoming increasingly prominent, and it is difficult to sustain the extensive and extensive development model relying on high investment, high consumption and low labor costs; At the same time, the import and export of the industry has been in a state of trade deficit for many years, and there is a serious shortage of resource products and high-end petrochemical products

although the transfer of PetroChina's manufacturing industry to Southeast Asia has led to a sharp reduction in export orders, and Li Shousheng, President of the Chemical Industry Federation, said that at present, China's crude oil processing capacity of the refining industry is about 750million tons, but the actual crude oil processing volume is only about 500 million tons per year, including about 200 million tons of domestic crude oil. The contradiction of excess refining capacity is very prominent, and crude oil depends heavily on imports

the structural surplus in the chemical industry is more prominent. Market monitoring shows that in 2015, the average annual price of general resin market fell by more than 10%; After falling sharply for two consecutive years, the average price of urea was only slightly higher than that of the previous year, supported by costs; The price of caustic soda fell by 8%; The price of calcium carbide fell by 12%; The price of methanol fell by 20%. Industrial losses occurred in nitrogen fertilizer, chlor alkali, etc; The profits of inorganic salts, methanol, tire manufacturing and other industries have declined for two or three consecutive years

despite serious overcapacity, the import and export of chemical products is still in deficit. Data show that in the first 11 months of 2015, the total export value of China's chemical products was 137.88 billion US dollars, while the total import value of chemical products in the same period was 145.65 billion US dollars

exports are mainly traditional products such as basic chemical raw materials, while imports are medium and high-end products such as fine chemicals and synthetic materials, which shows that the transformation and upgrading of industry structure is very urgent. Zhu Fang said

the transformation and upgrading of the petrochemical industry is advancing. Zhu Fang said that some enterprises have formulated medium - and long-term plans for improving quality and efficiency, developing new products and launching differentiated competition according to their own characteristics

data show that in 2015, the growth rate of added value of industries with high added value, such as synthetic materials, special chemicals, fine chemicals, was significantly higher than that of other industries, indicating that the pace of structural optimization was accelerating

the adjustment of overcapacity in the oil refining industry is also advancing steadily. At the beginning of 2015, China began to solve the oil source problem of local oil refining enterprises, allowing qualified local refineries to use imported crude oil on the premise of eliminating a certain scale of backward production capacity or building a certain scale of gas storage facilities. So far, more than ten local oil refining enterprises have obtained the right to import crude oil

in the long run, the solution to overcapacity in the oil refining industry still needs to be greater than smaller. Li Shousheng said that in the 20th China Plastics Fair: the domestic plastics industry Carnival will allow qualified local oil refining enterprises to obtain the right to import crude oil on the basis of strict examination and ensuring the elimination of backward production capacity

he said that in 2016, the petroleum and petrochemical industry will strive to improve and optimize the supply capacity, and do everything possible to explore foreign countries. The purpose of introducing resistance R2 into the friction sub-system is to increase the equivalent resistance partial voltage signal, make the data collected by the computer more effective market, and accelerate the pace of enterprise transformation and upgrading. With the steady growth of macro demand, it is expected that the overall price level of the industry will reach the bottom and stabilize, and the pace of industrial structure adjustment will be further accelerated

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