In 2017, Sinopec Chemical Industry adhered to deepening supply-side structural reforms, vigorously promoted innovation-driven and transformation and upgrading, and achieved remarkable results in the industry economy, especially economic growth, which saw the fastest growth in nearly six years. The development of Sinopec Chemical Industry Towards a new stage.
First, the overall operation
First, the overall smooth production
The output of ethylene production was 18.214 million tons in 2017, an increase of 2.4%; that of sulfuric acid production was 86.992 million tons, up 1.7%; that of caustic soda production was 33.652 million tons, up 5.4%; that of calcium carbide production was 24.473 million tons, a decrease of 1.7% %; Benzene production 8.333 million tons, an increase of 3.7%; methanol production 45.28 million tons, an increase of 7.1%; synthetic material production 150 million tons, an increase of 6.6%; tire production 926 million, an increase of 5.4%; total fertilizer output 60,652,000 tons , Down 2.6%.
Second, economic growth accelerated
In 2017, there were 28,005 enterprises above designated size in Sinopec chemical industry, with the added value of industry increasing by 3.7% over the same period of last year. The total revenue of main business reached 13.45 trillion yuan, up 15.8%, the fastest growth in 6 years The main business income of the chemical industry was 9.10 trillion yuan, an increase of 13.8% .Annual profit of 831.36 billion yuan, an increase of 52.1%, the fastest growth in seven years; of which chemical industry profits of 607.24 billion yuan, an increase of 39.7%.
Third, foreign trade has further expanded
In 2017, the total import and export trade volume of Sinopec Chemical Industry amounted to 583.37 billion U.S. dollars, up 22.1%, of which exports were 192.98 billion U.S. dollars, up 12.9%. The deficit was 197.42 billion U.S. dollars, up 45.1%.
Fourth, structural adjustment continued to optimize
The development of high-end and specialty chemical products such as synthetic resins, synthetic fibers and electronic chemicals accelerated. The revenue and profit growth of synthetic materials, basic chemicals and specialty chemicals led the way, contributing more than 80% to the overall revenue and profit growth of China's chemical industry In 2017, the output of synthetic ammonia decreased by 1.65 million tons, that of urea decreased by 2.8 million tons, that of calcium carbide decreased by 3.5 million tons, and that of polyvinyl chloride decreased by 280,000 tons.
Second, the main problems
In 2017, the economic operation of Sinopec Chemical Industry has achieved rapid development with many industry-wide highlights. However, there are still many challenges and constraints in the industry, notably:
First, the industry continued to weak investment
In 2017, Sinopec Chemical Industry completed a 2.06 trillion yuan investment in fixed assets, down by 2.8%. The investment in the chemical industry dropped by 5.2% to 1.50 trillion yuan, an increase of 2.5 percentage points from the previous year and the second consecutive year of decline.
The main reasons are as follows: First, the conversion of old and new kinetic energy is slow. The bulk of products such as ammonia, fertilizer, methanol, chlor-alkali, calcium carbide, tires and other overcapacity, investment demand is not flourishing; innovative high-end specialty chemical products to be improved, the industrialization level is still low, Second, the macro-environmental impact In recent years, environmental inspectors strict year by year, to increase production capacity, petrochemical chemical industry investment have a greater impact.
Second, frequent industrial accidents
At present, there are nearly 300,000 hazardous chemicals production and management units in China, of which 80% or more are small chemical safety and security incidents, which have occurred from time to time. According to SAFE disclosure, in 2017, a total of accidents occurred in the chemical industry in China 218, 271 were dead, of which two were major accidents, namely: June 5 Linyi Jinyu petrochemical explosion accident, December 9 Lianyungang Poly Xin Biotechnology Co., Ltd. explosion.
The layout of the industry in China's petrochemical industry is not rationalized. The problems of 'chemical siege' and 'plastic chemical industry' have become increasingly prominent. Some of the hazardous chemicals manufacturing enterprises are located near densely populated urban areas and seriously affect the lives and property safety of the surrounding people. Relocation and transformation are urgently needed. Eliminate security risks.
Third, the petrochemical market pressure on imports increased
In 2017, the import of petrochemical products such as synthetic materials and organic chemical materials in China continued to grow, exerting a great pressure on the Chinese market. Customs data show that in 2017, the total volume of synthetic materials imports was 48.698 million tons, an increase of 8.3%; net imports were 38,809,000 tons , An increase of 8.2%; total imports of organic chemical raw materials 62.227 million tons, an increase of 6.3%; net import 47,832,000 tons, an increase of 4.8%.
The main reasons are as follows: First, the demand in the Chinese market increased rapidly; apparent consumption of synthetic materials and organic chemical raw materials increased by 7.0 and 5.5 percentage points respectively; secondly, due to the environmental impact, some enterprises cut production, stopped production and supplied growth slowed down; third, There is still a gap between the high-end chemical products and the world's advanced level and the competitiveness is relatively weak.
Third, the 2018 industry work points
First, vigorously promote the relocation and transformation of hazardous chemicals manufacturing enterprises
Second, speed up the implementation of new chemical materials to make up the short board
Third, to carry out chemical park intelligent transformation
Fourth, to promote the depth of integration of the chemical industry
Fifth, enhance service capabilities and guide the petrochemical industry to expand investment
Sixth, force 'Belt and Road' to enhance the industry 'going out' level