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[China Epoxy Resin Industry Online] October 25, 2005: China Petroleum and Chemical Industry Association recently predicted that my country's petroleum and chemical industry will achieve a profit of 380 billion yuan in 2005, an increase of 36% year-on-year.
It is reported that the overall performance of my country's petroleum and chemical industries in the first three quarters of this year is good, but the three major sub-sectors of petroleum, refining and chemical industries have both good news and one worry.
From an overall perspective, the main characteristics of the industry are: profitability has increased rapidly, production growth has not decreased, the growth rate of import and export trade deficit has slowed, and product sales have been smooth.
From January to August, the industry realized a total profit of 242.