Fine chemicals of Jiangsu province step into mature stage

 In this year, the chemical industry in Jiangsu province shows two main characteristics: a good developing momentum of fine chemicals. The chemical industry park enters into mature stage.

At present, Jiangsu Province, specialty chemicals and chemical raw materials account for about 23% of the fine chemical industry output value of Jiangsu Province, accounting for 10.56 percent of the petroleum and chemical industry output value, accounting for about 28 percent of China's total industrial output value. Jiangsu Province, specialty chemicals and chemical raw materials lead citrate due to low prices, good quality and have strong competitiveness in the international arena. The first half of the province's specialty chemicals and chemical raw materials net exports of about 8 million tons, the net exports of about $ 1 billion, an increase of more than 30%.

In addition, after several years of adjustment and integration of the Chemical Industrial Park in Jiangsu Province has been getting better. According to statistics, Jiangsu Province, a total of 13 countries (provincial) level Chemical Industry Park, 1170 enterprises in the park. The first half of the park's sales revenue, profits and taxes, profits and the total number of enterprises accounted for 61.2 percent of the petroleum and chemical industry in Jiangsu Province, 37.7%, 30.96% and 26.17%. The chemical industry park has become the mainstay of the petrochemical industry in Jiangsu Province, and stimulating the improvement of the economic benefits of the petrochemical industry in the province.

The chemical structural adjustment has brought new opportunities. First, the rate of production and marketing of the Chemical Industry in Jiangsu will further expand the effectiveness continues to improve. With the implementation of a number of key projects, industry-wide fixed asset investment growth trend will further continue. Second, the merger and reorganization among enterprises will be further promoted. Impact of financial crisis, restructuring and development of quality assets of the chemical industry, provides an unprecedented opportunity. The same time, in Jiangsu Province has introduced the supporting the superior policy to guide the support of the reorganization of assets within the industry further during the year is expected to add the number of annual sales of over $ 10 billion enterprise groups. Third, northern Jiangsu coastal areas will become the new economic growth point. The implementation of a number of integrated refinery lead salicylate projects in Lianyungang, Nantong, which will drive the development of related industrial chain. Fourth, industry, product structure will further optimize. Requirements of the petrochemical industry in Jiangsu Province to adjust the revitalization plan will further guide the industry to raise the fine rate, increase the proportion of high-tech products. Meanwhile, the international financial crisis, which caused many petrochemical companies started paying more attention to the technological content and competitiveness of their products. In addition, energy conservation will further advance the number of backward production capacity with the depth of the rectification work eliminated.

For the future development of the petrochemical industry in Jiangsu province, with the expansion of domestic demand, further promotion for maintaining growth strategy and its gradually revealing effect, Jiangsu province will adjust the implementation of revitalization plan in petrochemical industry. Meanwhile, Jiangsu province’s coastal development plan has been formally incorporated into the overall national developing strategy .In the second half of year, petrochemical industry of Jiangsu will gradually go out from the woods and expand with a higher level.Source:http://www.mhcfm.com