According to the Voice of China "National Network News" reported that China Petroleum and Chemical Industry Association survey: petrochemical industry overcapacity, growing, traditional bulk production capacity of petrochemical products significantly more than the domestic market. Li Shousheng, executive vice president of the association, said this situation not only lead to serious waste of resources, but also deepening the existing contradictions.
Li Shousheng said that in addition to the petrochemical industry is now a shortage of crude oil and ethylene, almost all of the processed products have surplus capacity, but the momentum of blind expansion of production capacity continues.
Li Shousheng: Last year we methanol production capacity is 38.4 million tons, production of only 1700 tons of methanol capacity utilization rate is 45%, urea production capacity is our last year's 66 million tonnes, more than 20% of domestic demand more than the device average operating rate of less than 75%, such as MAP, DAP, respectively, to reach 14 million tons and 15 million tons, production capacity exceeds domestic demand 100%. Caustic soda capacity utilization rate only 72%, PVC capacity utilization rate only 54%.
Li Shousheng said that while a large surplus of traditional products, petrochemical products in China is a serious shortage of high-end, and even some high-tech products still in the blank.
Li Shousheng: Last year our imports of organic chemicals is 31.21 million tons, 30.69 million tons of synthetic resin, synthetic fiber monomer imports 14.39 million tons, are the highest level. Our country's foreign trade is surplus, but our industry is the trade deficit, trade deficit last year reached only chemical 43.382 billion U.S. dollars. Of these imports, 90 percent of synthetic resin.
Li Shousheng that the current conflict resolution, the key is to control the production, under the premise of blind expansion, speed up transformation and upgrading of traditional chemical industry, but also speed up the cultivation of innovative strategies, emerging industries, a number of strategies, emerging industries to seize the high ground, to form a new industry growth. (Wan Han)