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He said that the overall idea is to adjust the structure and enhance industrial competitiveness. The goal is to realize the “big change†of China's petrochemical industry and to cope with competition from the international market.
Jiang Xinmin stated that the core task of structural adjustment during the “12th Five-Year Plan†period is to develop high-end petrochemical products, lead the development with differentiated, high-value product technologies, realize the diversification of raw materials, and accelerate the internationalization process. Structural adjustment involves various aspects such as layout optimization, merger and reorganization, park development, industrial integration, and eliminating backward production capacity.
He said that the goal of the "12th Five-Year Plan" period is to further optimize the corporate structure. By 2015, a number of 20 million-ton oil refining market bases will be formed. The average size of refineries across the country will exceed 600 tons per year, and several 2 million-ton ethylene production bases will be built at the same time.
During the “Twelfth Five-Year Plan†period, the important development areas of the petrochemical industry were the Yangtze River Delta, Zhusan Solutions and the Bohai Rim region. The industry further concentrated in these areas, and the concentration was further enhanced. The refined oil “Northern Oil South†situation was improved. He said that the Yangtze River Delta includes northern Jiangsu, Anhui and Zhejiang. The Pearl River Delta also includes the Haixi Economic Zone in Fujian Province and the southeastern coastal areas. The Bohai Rim region also extends to Liaoning and Dalian.
In addition, he said that during the 12th Five-Year Plan period, the raw material structure will be more optimized. Diversified ethylene raw materials, the proportion of coal, heavy oil to olefins increased to more than 20%, the proportion of natural gas nitrogen fertilizer has declined, the utilization efficiency of low-quality coal resources and low-taste plants has been further improved, and the proportion of salt halide utilization in salt chemical raw materials reached over 80%. The proportion of ethylene raw materials in PVC has further increased.
Jiang Xinmin said: During the "Twelfth Five-Year Plan" period, the average size of ethanol plants reached 600,000 tons/year or more. Traditional industries such as nitrogen fertilizers, pesticides, chlor-alkali, soda ash, calcium carbide and other traditional industries eliminated backwardness, mergers and reorganizations reduced the number of companies, and increased industrial concentration. â€
The top ten petrochemical "12th Five-Year" sales will account for 1/3 of the total industry
On December 2nd, at the 5th China Petrochemical Technology Summit 2010, Jiang Xinmin, deputy director of the Energy Development and Energy Center of the National Development and Reform Commission, stated that the sales revenue of China's top 100 oil and chemical companies accounted for the proportion of the industry during the “12th Five Year Plan†period. Up to one-third of the companies have achieved more than 10 billion in sales revenue.