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    Home > Chemicals Industry > Rubber Plastic News > Too many chemical projects, excess capacity will appear

    Too many chemical projects, excess capacity will appear

    • Last Update: 2022-08-26
    • Source: Internet
    • Author: User
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    According to forecasts, the chemical output value of a single country in China will reach 50% of the global chemical output value around 2030


    At the 2020 China Petrochemical Industry ESG Summit Forum held on December 27, Huang Yinguo, CEO of China Chemical Information Center Consulting, said that China is now the world's largest chemical producer, with chemical output value accounting for about 36% of the world's total, but China National Chemical Industry Co.


    Huang Yinguo said at the forum that although China ranks first in the world in terms of the world's chemical output value by region, unlike other regions in the world, today's upstream chemical production in China 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


    "It is predicted that the chemical output value of a single country in China will reach 50% of the global chemical output value around 2030.


    According to Jie Yubin, director of China National Chemical Industry Information Center, “During the clean-up and rectification process of chemical parks started in 2016, chemical parks in some provinces have been cleaned up from hundreds to a dozen.


    According to Chang Jiwen, deputy director of the Resources 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 take the road of green transformation with Chinese characteristics, the petrochemical industry should 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 export of industrial products.


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