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According to forecasts, the output value of China's single country chemical industry will reach 50% of the global chemical output value around 2030 .
Chemical industry
At the 2020 China Petrochemical Industry ESG Summit Forum held on December 27, Huang Yinguo, Consulting CEO of China National Chemical Information Center, said that China is now the world’s largest chemical producer, with chemical output value accounting for approximately 36% of the world’s total, but ChemChina The industry still faces challenges such as resource competitiveness and overcapacity.
Huang Yinguo said at the forum that although China ranks first in the world’s chemical output value by region, unlike other regions in the world, today’s upstream chemical production is still dominated by fossil energy.
Another big challenge comes from upstream resources.
Huang Yinguo reminded that the import and export balance of the chemical industry chain is worth noting.
plastic
"It is predicted that China's single country chemical output value will reach 50% of the global chemical output value around 2030.
According to Jie Yubin, director of the China National Chemical Information Center, “During the cleanup and rectification of chemical parks that began in 2016, the number of chemical parks in some provinces has gone from a few hundred to a dozen.
According to Chang Jiwen, deputy director of the Resource and Environmental Policy Research Institute of the Development Research Center of the State Council, safe manufacturing, green manufacturing and intelligent manufacturing are the three main themes in the future industrial field, but green development is still the petrochemical industry, especially the fine chemical industry.
Based on this, Chang Jiwen believes that in order to follow the path of green transformation with Chinese characteristics, the petrochemical industry must deeply participate in the industrial division and cooperation of the Belt and Road countries, especially the neighboring RECP countries, expand the attraction of green investment, and prevent the emergence of industrial product exports.
(Keywords: Chemical Plastics)
