Ningbo strives to build a world-class petrochemical industry base

According to the “Twelfth Five-Year” economic and social development plan newly prepared by the Ningbo Municipal Government, in the next five years, Ningbo will rely on the three major petrochemical industrial agglomeration areas of Zhenhai, Beilun and Daxie, and adhere to the integration of refinery, park, and scale development models. To comprehensively upgrade the manufacturing energy level and international competitiveness of the petrochemical industry, and strive to build Ningbo into a world-class, world-class petrochemical industry base.

As the largest pillar industry in Ningbo, the petrochemical industry plays an important supporting role for the steady and rapid growth of Ningbo's economy. Statistics show that: In 2010, the city's petrochemical companies above designated size completed a total industrial output value of 1979.74 billion yuan, completed sales value of 193.16 billion yuan, realized profits and taxes of 37.22 billion yuan, total profit of 15.24 billion yuan. In 2010, the Ningbo petrochemical industry was reported as a success: Ningbo Chemical Industry Zone successfully upgraded to a national-level economic and technological development zone, with an annual output of 1 million tons of ethylene project successfully completed and put into operation, and Ningbo Wanhua Phase II MDI and ancillary projects successfully completed. Completed.

The next five years will be a major strategic opportunity for Ningbo Petrochemical Industry to achieve transformation and development. Ningbo City will rely on the concentration of three major petrochemical industries in Zhenhai, Beilun and Daxie, and will focus on the direction of “integration, park development, scale, and recycling”. It will extend the petrochemical industry chain, enhance the product value chain, and build a circular economy chain. Starting with, we will strive to build it into a world-class advanced petrochemical industry base; at the same time, we will accelerate the process of “de-capacity”, resolutely eliminate backward production capacity, and achieve overall improvement in industrial quality.

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