Core Viewpoint - The new "Work Plan for Stabilizing Growth in the Petrochemical Industry (2025-2026)" aims to address challenges and promote high-quality development in the petrochemical sector through ten key tasks across five areas, focusing on innovation, efficiency, demand expansion, carrier optimization, and cooperation [2][3]. Group 1: Industry Overview - The petrochemical industry is a crucial pillar of the national economy, with significant economic volume and high industrial correlation, impacting industrial stability and economic performance [2][6]. - China has become the world's largest producer and consumer of petrochemical products, with the industry's added value expected to account for 14.9% of industrial output in 2024, growing at a rate of 6.6%, which is 0.8 percentage points higher than the industrial average [2]. Group 2: Current Challenges - The industry faces intensified competition in the basic organic raw materials market, insufficient supply of high-end fine chemicals, slowing domestic demand growth, and increasing external uncertainties [3][7]. - Current domestic chemical product price indices, profit margins, and industry valuations are at relatively low levels, while global demand for chemical products remains weak [3]. Group 3: Strategic Goals - The Work Plan sets a target for the petrochemical industry to achieve an average annual growth of over 5% in added value from 2025 to 2026, stabilize economic benefits, significantly enhance technological innovation capabilities, and improve safety and environmental performance [10][11]. Group 4: Key Tasks - Strengthening Technological Innovation: Support key product breakthroughs in electronic chemicals and high-end polyolefins, and promote quality upgrades in bulk products like coatings and pesticides [4][11]. - Expanding Market Demand: Organize supply-demand matching activities for petrochemical products, explore consumption potential in traditional sectors, and promote applications in emerging fields like new energy and robotics [4][18]. - Enhancing Investment and Upgrading: Control new refining capacity and manage the pace of new capacity releases for ethylene and paraxylene [13][15]. Group 5: Implementation Measures - Organizational Support: Local governments should develop policies tailored to regional conditions, and industry associations should act as bridges [23]. - Policy Support: Utilize long-term special bonds and existing policy channels to enhance support for technological innovation and equipment upgrades [24]. - Monitoring and Analysis: Strengthen tracking and analysis of industry information and global policies, and improve early warning mechanisms for potential overcapacity [25].
石化化工行业稳增长方案落地，今明两年年均增长5%以上
Di Yi Cai Jing·2025-09-26 11:14