Petrochemical industry promotes petrochemical machinery

The petrochemical industry, referred to as petrochemical industry, includes many production sectors such as pesticides, fertilizers, rubber chemicals, and synthetic materials. It plays an important role in the development of China's national economy and is one of China's pillar industries. From the perspective of the production capacity, output, output value, production specifications, and employees of our country's petroleum exploration and development equipment, China is already a large country that produces oil exploration and development equipment, but its equipment has few hi-tech content, and some special equipment. (Such as offshore oil development equipment) also needs to be imported, and its resilience is not strong. Therefore, China is not yet a strong country for manufacturing oil exploration and development equipment. However, in recent years, China’s petrochemical machinery has developed a number of key achievements in the development of special key equipment around key process technologies, the development of new chemical engineering and equipment technologies, and the development of basic research and high-tech exploratory research. Development and economic efficiency have made significant contributions, and petrochemical machinery has also seen booming production and sales.

The petrochemical industry and petrochemical machinery are co-advanced. First, domestic and foreign markets have a strong demand for petroleum and chemical equipment. Since 2004, the market's demand for chemical equipment has suddenly increased, which has brought about a turn for the petrochemical equipment industry. Many chemical machinery manufacturers have received large orders that have not been seen for many years, and their product sales have risen sharply, rising another 30% in the first half of this year. Second, technological progress has led to an increase in economic efficiency. The recent successful development of a number of new technologies and new products has improved the competitiveness of China's petroleum and chemical equipment in the international and domestic markets. In addition, the increase in the economic efficiency of the petroleum and chemical machinery industry is mainly due to the progress in industrial restructuring and corporate restructuring. It can be foreseen that the economic benefits of the chemical machinery manufacturing industry will maintain steady growth, end the state of long-term losses, and begin to change to benign development.

In the next five years, refining and ethylene will become the leading and the core of petrochemicals, and China's petrochemical machinery industry will present seven major development trends: traditional brand-name advantage products will still gain a higher market share, such as in large-scale ammonia synthesis and urea plants. Major equipment such as high-pressure vessels; equipment required for energy-saving technological transformation and product structure adjustment in petrochemical enterprises will have ample room for development; energy-saving and efficient unit equipment will have a large market; environmental protection equipment development and innovation will become new growth points for chemical equipment. Large-scale petrochemical equipment brings about large-scale equipment; oil and chemical product storage and transportation equipment will gain a certain market share, such as railway tank cars and auto tanker varieties will continue to expand to meet the needs of different petroleum and chemical product transportation.

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