Qingdao in Shandong Province has great potential to strengthen the petrochemical industry

The petrochemical industry is an important pillar
of the national economy.
From the perspective of tax revenue, Sinopec's tax revenue in Qingdao in 2021 will exceed 15 billion yuan, making great contributions
to the industrial economic development of Qingdao.
Wang Mingzhang, deputy to the Municipal People's Congress and general manager of Sinopec Qingdao Petrochemical Company, believes that vigorously developing the petrochemical industry will bring great visible and tangible promotion to
the city's fiscal revenue, urban infrastructure construction, public utilities, and people's livelihood expenditure.

Wang Mingzhang said that from the perspective of the national industrial layout, most of the petrochemical projects are laid out in the coast, because the coastal cities have convenient transportation conditions, good natural conditions, and the cost of refining and processing in the coastal areas is low, and it naturally has the advantage of
developing the petrochemical industry.
Qingdao has a world-famous deep-water harbor, and the amount of crude oil received and unloaded in 2021 has exceeded 100 million tons
.

Wang Mingzhang believes that from the perspective of the development status, it is imminent
for Qingdao to strengthen the petrochemical industry.
At present, Dalian, Ningbo, Guangzhou and other coastal cities rely on port advantages to vigorously develop the petrochemical industry, and the industrial output value, refining scale and ethylene production capacity have been greatly improved
.
Qingdao's petrochemical industry has not changed much over the years, the two refiners crude oil processing capacity is only 15.
5 million tons / year, and are fuel-based refineries, most of the products are gasoline, diesel and other fuels, in the petrochemical industry chain front-end, the added value is not high
.

Wang Mingzhang put forward suggestions to promote the strengthening of the petrochemical industry in our city, taking the off-site development of Qingdao petrochemical as an opportunity, based on the Qingdao SCO demonstration zone, expanding energy cooperation among SCO member states, strengthening the industrial pattern of "refining and chemical integration", enlarging the primary processing capacity and ethylene production capacity of crude oil, supplementing the industrial chain, vigorously developing the downstream chemical new material industry, and promoting the construction of a world-class high-level refining and chemical integration base, a high-end fine product integration base, and a high-end chemical material base
in Qingdao.