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On June 3, the Olefin Aromatics Development Forum of the 2020 Petrochemical Industry Development Conference was held on the live web platform of China Chemical Industry News
.
Olefins and aromatics are basic chemical raw materials, which are of great significance for optimizing the structure of chemical products and promoting the development of the national economy
.
"The outbreak of the epidemic has hit the overall demand of the olefin aromatics industry hard.
Weakening demand and increasing production capacity will accelerate the clearing of outdated production capacity in the olefin aromatics industry, bringing M&A business opportunities
.
According to Bohan, the impact of the epidemic and the low oil price environment on the petrochemical sub-sector varies
.
At the forum, the Petrochemical Federation also released the first annual report on China's PDH industry - "2019 China Propane Dehydrogenation PDH Industry Report"
.
In addition, experts from research institutes and industry companies also discussed advanced technologies in the olefin aromatics industry
.