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In 2009, China's petroleum and chemical industries have entered a period of rapid development characterized by structural adjustment and industrial upgrading. The main features of the economic operation of the industry are:
—— The chemical industry achieved rapid growth In 2009, there were 34,600 large-scale enterprises in the petroleum and chemical industry in China, achieving a total output value of 6.63 trillion yuan, a year-on-year increase of 0.3%, accounting for 12.13% of the country’s total industrial output value. Among them, the chemical industry output value of 3.93 trillion yuan, an increase of 9.7%, to achieve rapid growth; oil and natural gas exploration industry gross output value of 749.03 billion yuan, down 26.6%; refining industry output value of 1.78 trillion yuan, down 4.2%. In 2009, the industry added value increased by 10.1% year-on-year. From the perspective of growth, the value added of the chemical industry in 2009 increased by 15.9% year-on-year; the oil and natural gas exploration industry increased by 4.8%; the refining industry increased by 5.2%, and the chemical industry became the main driving force for economic growth. In addition, in 2009, the total investment in the industry reached 1.01 trillion yuan, a year-on-year increase of 12.9%. In 2009, the total volume of imports and exports was US$327.1 billion. Among them, imports were US$228.1 billion and exports were US$99 billion.
—— Affordable agricultural CHEMICALS In 2009, the government liberalized the market price of chemical fertilizers and did not affect the market price of chemical fertilizers. The production of chemical fertilizers and pesticides fully met the needs of domestic agricultural production, and the total output of chemical fertilizers exceeded 60 million. Ton mark reached 67.06 million tons, an increase of 16.3%. Among them, urea increased by 10.5%, phosphorus and potassium fertilizers increased by 21.9% and 24.6%, respectively; the national pesticide production was 2.262 million tons, an increase of 12.3%. In 2009, the average annual domestic price of urea was 1,735 yuan/ton, which was a 15% decrease from the same period of last year; the average price of diammonium phosphate was 2,703 yuan/ton, a year-on-year decrease of 30.6%; the price of pesticides was generally the same as last year. Due to the efforts of chemical fertilizer and pesticide production enterprises, the market supply was sufficient and made important contributions to China's grain production for the sixth consecutive year of stable production and high output.
-- Specialty chemicals have leapt to the leading position in the industry For many years, the basic chemical raw material industry has been occupying the leading position in the chemical industry. However, in the past two years, this pattern is changing. In 2009, the special chemicals industry ranked first in the rapid development of chemical sub-sectors with an output value of 963.32 billion yuan and a growth rate of 16.8%; the output value of the synthetic materials industry ranked third. The rapid increase in the proportion of these two industries in production in the chemical industry indicates that the industrial and product mix adjustments have achieved initial results and are moving in the direction of higher technological content and higher added value.
-- The rubber products industry has been out of the woods in a difficult situation The rubber product industry has the highest degree of dependence on the international market. In the autumn of 2009, the US tire special security case made the export of rubber products worse. However, the industry actively adjusted its product mix, vigorously expanded domestic and foreign markets, changed export methods, and other measures, coupled with national domestic demand policies to stimulate the growth of domestic automobile consumption, so that the rubber products industry gradually resolve the crisis and achieved remarkable results. In 2009, the output value of the rubber products industry reached 477.47 billion yuan, a year-on-year increase of 16.1%, which is one of the fastest growing sub-sectors in the petrochemical industry. Among them, tire production was 655 million, an increase of 18.1%; exports of tires were 302 million, and the dependence on exports was about 46%, down 10 percentage points from the previous year.
—— A series of major breakthroughs have been made in the new coal chemical industry In 2009, China made a series of major breakthroughs in the new coal chemical industry and developed a number of world-leading technologies. Such as: the methanol-to-propylene (FMTP) 10,000-ton industrial trials have been successful; the world's first 200,000-ton/year coal-to-ethylene glycol industrial plant commissioned; the world’s first 600,000-ton/year coal-to-olefins (DMTO ) It has already entered the project and is expected to start production in the second half of 2010. These core technologies with independent intellectual property rights will promote the development of coal chemical industry in China in depth and health.
According to the 2010 general economic work policy of “stabilizing growth, adjusting structure, expanding domestic demand, and benefiting people’s livelihood†proposed by the central government, the petrochemical industry will “change the mode of development, adjust the industrial structure and optimize the layout, and promote technological innovation and energy conservation and emission reduction. Improving the international competitiveness of the industry is the central task for this and a considerable period of time in the future. In 2010, the economic operation of the petroleum and chemical industry will continue to develop in a good direction. Based on various factors, it is initially expected that the industry-wide added value will increase by about 12% this year, and the total output value will increase by 13% to 15%; the main business income will increase by about 14%; the profit will increase by 8% to 10%; the import and export trade volume will increase by 15% Around; investment growth of more than 15%; main product output growth of about 10%.
Structural Adjustment and Upgrade Lead Petrochemical Industry Development
In 2009, China's oil and chemical industry experienced a recovery in the industry economy through the implementation of the State Council's "Planning and Revitalization of the Petrochemical Industry" and the "Guidelines for Structural Adjustment of the Petroleum and Chemical Industry" and "Guiding Opinions on the Revitalization and Support of the Petroleum and Chemical Industry". The development of the industry, the industry output value and added value continue to achieve growth. It is expected that the economic operation of the petroleum and chemical industries will continue to improve in 2010. The industry-wide added value is expected to grow by about 12%, and the total output value is expected to increase by 13% to 15%.