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[China Epoxy Resin Industry Online] September 4, 2006: Yang Weicai, vice chairman of China Petroleum and Chemical Industry Association, said at the "2006 China Petroleum and Chemical Industry Economic Forum" held in Taiyuan a few days ago that the current economic operation of my country's petrochemical industry The situation is good, but it also faces three major problems.
The three outstanding issues are: investment control issues, resource and environmental issues, and high oil prices.
One is the excessive growth of investment.
During the "Tenth Five-Year Plan" period, the efficiency of the entire chemical industry has improved, and the entire industry has set off a wave of capacity expansion, especially in the central and western regions with abundant energy and resources.
There are many new projects.