Western Petrochemical Industry Achieves Leap-forward Development

Today, it was learned from the National Development and Reform Commission that the country implements the strategy of developing the western region and the industrial economy will accelerate. During the "11th Five-Year Plan" period, the petrochemical industry achieved a leap-forward development.

The western region is rich in oil and gas resources, but the petrochemical industry has a long history of being thin. According to statistics, the total industrial output in 2005 was less than 400 billion yuan, and there were almost no large-scale oil and chemical companies and production bases. According to the National Development and Reform Commission, during the "Eleventh Five-Year Plan" period, China Petroleum invested 100 billion yuan in relying on self-produced and imported crude oil resources in the western region, and built 10 million tons of refined oil, 1 million tons of ethylene in Dushanzi, 10 million tons of refined oil, and 25 million tons of Guangxi Petrochemical. Millions of tons of aromatics, Lanzhou Petrochemical 700,000 tons of ethylene, Tarim 800,000 tons of fertilizer a series of projects. At the same time, during the “11th Five-Year Plan” period, construction of key projects such as the integration of Sichuan Petrochemical Refinery and Chemical Co., Ltd., Ningxia and Hohhot Petrochemical Refinery Expansion and Reconstruction, and Qingyang Petrochemical Refinery Expansion and Reconstruction were started. Dushanzi Petrochemical's 10 million tons refining and 1 million tons ethylene project won the title of 100 “Classic and Excellent Projects” for the 60th anniversary of the founding of New China.

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