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Poised to Exceed Expectations——Analysis of the Economic Situation of the Petroleum and Chemical Industry in the First Half of the Year (Part 1)

 Last Update: 2022-09-01
 Source: Internet
 Author: User

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Last week, the China Petroleum and Chemical Industry Federation released data on the industry's economic performance in the first half of the year, which exceeded expectations

First, the benefits are bucking the trend, and the industry is gaining momentum

Last year, the entire industry set a historical record in terms of operating income, total profit, and total import and export

In recent years, the industry has eliminated a large number of outdated production capacity, and completed and put into operation a number of new projects with high technical level and high degree of intelligence

Second, the number of regulated enterprises has increased significantly, highlighting the new pattern of industry development

Since the "13th Five-Year Plan", the whole industry has stepped up efforts to eliminate outdated production capacity, and shut down enterprises with low technical level, substandard emissions and low competitiveness

Data released by the Chemical Registration Center shows that in the first half of 2022, the number of newly registered chemical production enterprises was 345, a year-on-year increase of 31%

Third, the importance of petroleum and chemical industries as pillar industries is becoming increasingly prominent

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