Chemical industry has become a hot industry in the "Eleventh Five-Year Plan"

Chemicals, equipment manufacturing and high-tech industries have become hot industries in the "Eleventh Five-Year Plan" of all provinces and regions. Ninety-five percent of the provinces and regions have planned development targets for petrochemical industry. This is the information that the reporter obtained from the “Leadership Decision Information” of the latest issue of the “Decision White Paper for Providing Information Services for Leaders at All Levels.” According to the needs of the national economy, drafts of the “Eleventh Five-Year Plan” outlines of various provinces and regions have been issued since late November last year. And can accommodate various industrial advantages, especially the petrochemical industry with the advantages of circular economy carrier has become the focus of local planning. According to the "Guangdong Province Petrochemical Industry Development Plan for 2005-2010", during the "11th Five-Year Plan" period, Guangdong Province will invest 180 billion yuan to build 5 petrochemical bases, build or expand 5 oil refining projects, 5 ethylene projects and a large number of Downstream chemical projects. By 2010, the total output value of the province's petrochemical industry will reach 730 billion yuan, an average annual increase of 20%. Shanxi Province, which has unique advantages in coal resources, will compete for the top spot in the national coal chemical industry. "Eleventh Five-Year Plan for Development of Chemical Industry in Shanxi Province" clearly stated that during the "11th Five-Year Plan" period, coke enterprises in Shanxi Province will change the status of "not coke only" and will invest 87 billion yuan to develop the coal chemical industry. It is expected that by the end of the “Eleventh Five-Year Plan”, Shanxi coal chemical industry will increase sales revenue by 80 billion yuan and increase profits and taxes by 19 billion yuan. The “Eleventh Five-Year Plan” in Inner Mongolia will fully promote the construction of coal chemical industry, coal liquefaction, and coal to oil projects. By 2010, the chemical industry is expected to realize sales revenue of 130 billion yuan, of which 75 billion yuan will be in coal chemical industry. Henan Province proposed in the “Eleventh Five-Year Plan” that it will build five major coal chemical industrial bases and 72 coal chemical planning projects. By 2010, coal conversion capacity in the coal chemical industry will increase from 8 million tons in 2004 to 19 million tons, and sales revenue will increase from 11 billion yuan in 2004 to 60 billion yuan. Data from the "Leadership Decision-making Information" shows that as of the end of January, of the 21 provinces and cities that have issued the "Eleventh Five-Year Plan" for industrial development planning, 20 provinces and municipalities have planned petrochemical, fine chemical, and salt chemical industries. Comprehensive chemical, coal chemical and other industrial development projects. Industry insiders believe that the convergence of industrial layout is mixed. Fortunately, the chemical industry will gain more opportunities for development. The worry is that the resulting pressure on resources, energy, and the environment will be even greater.

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