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    Home > Chemicals Industry > China Chemical > The transformation of the domestic petrochemical industry will maintain the trend of "less oil and more"

    The transformation of the domestic petrochemical industry will maintain the trend of "less oil and more"

    • Last Update: 2022-01-24
    • Source: Internet
    • Author: User
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    China's industrial field has emphasized structural adjustment since the "Ninth Five-Year Plan".
    In the past 10 years, the domestic petrochemical industry has increased the intensity of structural adjustment and accelerated the elimination of backward production capacity
    .



    During the "Thirteenth Five-Year Plan" period, the State Council specially issued the "Guiding Opinions on Restructuring the Petrochemical Industry, Promoting Transformation, Promoting Transformation and Increasing Benefit".


    Obvious results have been achieved in eliminating outdated production capacity and structural adjustment in the entire industry.
    The situation of excess basic products and shortage of high-end chemicals” can be further subdivided into “surplus refined oil, shortage of new materials and special chemicals”


    In 2019, domestic refined oil production was 360 million tons, apparent consumption was 310 million tons, and exports were 55.


    376 million tons; in 2020, refined oil production was 330 million tons, apparent consumption was 290 million tons, and exports were 45.


    In the past 10 years, the entire petrochemical industry has continued to intensify structural adjustment, optimization, transformation and upgrading in order to solve the problem of prominent long-term structural contradictions, mainly reflected in two aspects
    .

    First, the technical solution for the new integrated refining and chemical plant must be to produce less refined oil and more chemicals, that is, the “less oil and more production” solution
    .


    The most typical ones are the newly built units of Hengli Changxing Island and Zhejiang Petrochemical Zhoushan.
    The output rate of these new integrated units is not higher than 30%


    The second is to reduce the diesel-to-gasoline ratio as much as possible in the refining unit in normal operation
    .


    In 2019, the diesel-to-gasoline ratio of the entire industry was 1.
    18 and the consumption ratio of diesel to gasoline was 1.
    17.


      During the "14th Five-Year Plan" period, this domestic transformation trend will continue
    .


    (Author: Fu Xiangsheng, Vice President of China Petroleum and Chemical Industry Federation)


      

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