Hunan's petrochemical industry grows rapidly during the "Eleventh Five-Year Plan" period

The Hunan Provincial Economic and Information Committee recently issued the "Twelfth Five-Year Development Plan for the Hunan Petrochemical Industry." It is reported that during the "11th Five-Year Plan" period, the Hunan Province's petrochemical industry fully implemented the strategy of driving advantages, optimized the industrial structure and industrial layout, rationalized and effective use of resources, increased technological transformation, independent innovation, and investment in energy conservation and emission reduction, and achieved gratifying results. The total industrial output value, sales revenue, and industrial added value of the industry at current prices were respectively RMB 2008 billion, RMB 195.9 billion, and RMB 60 billion, with an average annual increase of 26.3%, 27.1%, and 27.2%, respectively.

During the “Eleventh Five-Year Plan” period, Hunan Petrochemical’s output of major chemical products increased rapidly, and key products ranked among the top in the country. It is understood that among the key chemical products that rank among the top in the country, most of the important raw materials for coatings and coatings are. According to the Hunan Provincial Economic and Information Technology Committee, at present, the output of epoxy resin ranks 5th in the country and the output of paint ranks 8th in the country. In addition, the production of some inorganic salts and fine chemical products also occupy an important position in the country. The domestic market share of famous products such as cyclohexanone and epoxy resin is 20% and 15%, respectively.

During the “Twelfth Five-Year Plan” period, Hunan’s petrochemical industry will give full play to the Yueyang Refining and Chemical Integration Leading Project and Hunan salt (fluorine, silicon) resource advantage, extend the industrial chain, and accelerate industrial restructuring and optimization and upgrading. That is, with the integration of refining and chemical resources and the advantages of salt (fluorine and silicon) resources as the leading and starting point, we will vigorously develop petrochemicals, chemical new materials, fine chemicals, salt (fluorine, silicon) chemicals, support agriculture chemicals, modern coal chemical industry, and new energy sources. Chemical industry, chemical equipment, chemical logistics, 9 major industries, to achieve the province's petrochemical industry in 2015 the total industrial output value of 220 billion, the overall strength of the country into the top 12, Hunan will become a leading petrochemical industrial base in the central region.