subject: Light industries and petrochemical development opportunities, face - petrochemical, oil - plastics industry [print this page] Light industries and petrochemical development opportunities, face - petrochemical, oil - plastics industry
HC plastic mesh News: Recently, Oil And Chemical Industry Planning vice president of the White Rhythm in the new situation at the potential of the chemical industry, said: "It seems right now a large petrochemical industry faces short-term pressure, but Financial Crisis also has its positive side, in our country carrying out the "petrochemical industry restructuring and rejuvenation program" in the new situation, some of the opportunities facing the industry. "
Challenge: the industry is inevitable pains
Oil and Chemical industry Industry is affected by the global financial crisis, the most direct, the conduction of the fastest growing industries. The impact of financial crisis, China's petrochemical industry's most intuitive performance, that is, high prices of petrochemical products fall in the low ebbs. Bai Yi believes that the crisis affecting the petrochemical industry has four characteristics:
First financial crisis, the world Economy The risk of stagnation or even recession, marked increase in international oil prices fell sharply to the real economy, the crisis passed the most direct expression; second is the rapid decline in oil prices passed to downstream petrochemical industries, chemical products prices would decline much higher than the price of oil declines; 3 a recession caused the downstream market is weak chemical, textile, Electronic And building materials industries have emerged in the market shrinking, demand reduction, directly affecting the chemical products market; Fourth, countries and regions were affected to varying degrees, resources and product-oriented countries, affected more directly.
Overall, the financial crisis on oil and chemical industries have different effects on the middle and lower reaches. International oil prices fell sharply, although the crude oil, natural gas industry profits shrink substantially, but a major oil refining industry is positive. For ethylene and its three synthetic materials and organic materials, the downstream industry demand for raw materials caused by the impact of significant contraction, so that the original raw materials and other products of ethylene favorable price reduction, the products, which offset a larger decline in prices.
In addition, the export dependence on the global economic slowdown will bring significant pressure on the high industry, chemical industry have affected large inorganic salts, dyes, pesticides, tires, rubber shoes and rubber products industries. Substitute for oil for the purpose of the new Energy Development and utilization of industry, the oil price reduction will enable the development of the industry's driving force and the economy decreased substantially lower prices of coal chemical products also affects new production enterprise is not profitable in the short term and timely repayment of loans, will greatly increase the cost of pressure.
Bai Yi said the global financial crisis will lead to a polarization of China's petrochemical enterprises, the industry is facing a new round of reshuffle. Have the power needs of a downturn in business through technology innovation and energy saving, a new round of restructuring and mergers and acquisitions, product upgrades by improving their competitiveness; the past few years launched a number of backward production capacity building in the pressure I am afraid of funds under the chain will not go on and face the danger of being eliminated.
Opportunity: to stimulate investment in industrial upgrading
The face of financial crisis and China's implementation of the "petrochemical industry restructuring and rejuvenation program," the new situation, the development of petroleum and chemical industry, there are some opportunities, it is the industry's business focus.
Addition to the negative impact of the global financial crisis, the development of petrochemical industry in China has some positive effect. In the economic downturn of the international energy supply and demand contradiction slowdown, crude oil and natural rubber, crude salt, sulfur and other resource prices lower, so that the production costs of downstream chemical industry fell sharply, business is expected to embark on the track of healthy development. At the same time, the fall in international oil prices to reduce the cost of crude oil imports will help meet our energy needs for economic development.
China Petroleum and Chemical Industry is facing the development of environmental protection, energy crisis and water shortages, promote industrial upgrading has become the focus of development. Today, the petrochemical industry sub sectors showed the trend of different characteristics: growth industries such as petrochemical, chemical new materials and intermediates, fine chemicals and other new areas of industry, is gradually increasing to expand the scale of varieties to meet growing market demand; mature industries such as fertilizer, the traditional carbon a chemical, "two bases", rubber processing, traditional fine chemicals and so on, through the structural optimization is to improve the quality and level to maintain their competitive edge.