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CN: Petrochemical Special Equipment: YoY: Sales Revenue: ytd data was reported at -4.900 % in Dec 2020. CN: Petrochemical Special Equipment: YoY: No of Employee: Average data was reported at 3.998 % in Dec 2012. Found inside Page 27Petrochemical companies in various countries have regarded China as a big E - market and have , one after another , sold their products to China . Found inside Page 256B. CHINA 'S RESPONSE In the same period that the merger frenzy swept through the global major oil companies, China's oil and petrochemical industry 0000002796 00000 n and Petrochemical Industry in China 3 Market Prediction for 2019. The Development of China Energyand Petrochemical Industry in the Past 40 Years. The data is categorized under China Premium Databases Petrochemical Sector Table CN.RHD: Petrochemical Industry: Petrochemical Special Equipment. This records an increase from the previous number of 26,769.824 RMB mn for Nov 2012. Saudi Araba, South Korea, Japan and Oman lost ground, but events could have been an awful lot worse. Total production of major chemicals and petrochemicals stood at 27,847 MT during 2018-19, a growth of 4.15 percent over 2017-18. You must remember, however, that the domestic economy is still not back to where it was before the pandemic. STL) is a global leader in Acrylic Acid production, we are the leading manufacturer in China that spans the entire industry chain of Acrylic Acid & Esters, Polymer Emulsion, Functional Polymer Materials, we also engage in C2 and C3 industrial chain, by persistently pushing forward with high-tech and service innovation. This statistic shows the market value of petrochemicals worldwide from 2015 to 2018, with an estimated figure for 2019, and a forecast figure for 2027 . China's Belt Road Initiative calls for the massive development of domestic petrochemical production capacity to mitigate imports. The data reached an all-time high of 464.000 Unit in Feb 2016 and a record low of 101.000 Unit in Dec 2012. This trend has changed recently, with companies now considering mid-cap foreign assets, which will provide them with specific technology and international marketing networks. CN: Petrochemical Special Equipment: YoY: Sales Tax & Surcharge: ytd data remains active status in CEIC and is reported by China Petroleum and Chemical Industry Federation. This records a decrease from the previous number of 42.565 % for Nov 2010. The petrochemical industry is a vital component of numerous industrial processes as it provides raw materials for a wide array of products that find application in automotive, construction, and manufacturing. The data reached an all-time high of 41,517.000 RMB mn in Dec 2010 and a record low of 26,797.744 RMB mn in Dec 2008. CN: Petrochemical Special Equipment: Total Liability data was reported at 224,689.758 RMB mn in Aug 2018. But it seems very possible that the Chinese economic recovery will continue apace during the remainder of 2020. CN: Petrochemical Special Equipment: Product Inventory data remains active status in CEIC and is reported by China Petroleum and Chemical Industry Federation. The data is categorized under China Premium Databases Petrochemical Sector Table CN.RHD: Petrochemical Industry: Petrochemical Special Equipment. Some of the products derived from petrochemicals are tires, detergents, industrial oil, fertilizers, plastics, medical devices. This records an increase from the previous number of 8.730 % for Apr 2018. CN: Petrochemical Special Equipment: YoY: No of Employee: Average data is updated monthly, averaging 6.363 % from Jan 2008 to Dec 2012, with 38 observations. Found inside Page 153Then, in November 1997, a reorganization of China's petrochemical industry began that would take place over two main stages. CN: Petrochemical Special Equipment: Total Profit & Tax: ytd data remains active status in CEIC and is reported by China Petroleum and Chemical Industry Federation. Chinas economy should be OK in 2021, however. Because lockdowns have increased in the West, there is danger that consumer sentiment will take a battering and spending on consumer goods will decline. This records a decrease from the previous number of 10.017 % for Nov 2018. Chinas role in global MEG demand has hugely increased over the last 20 years. The data reached an all-time high of 367,778.505 RMB mn in Dec 2014 and a record low of 10,316.847 RMB mn in Feb 2008. The data is categorized under China Premium Databases Petrochemical Sector Table CN.RHD: Petrochemical Industry: Petrochemical Special Equipment. 0000036177 00000 n China's ethylene is produced primarily from naphtha, a long-chain hydrocarbon obtained from refining petroleum. CN: Petrochemical Special Equipment: YoY: Industrial Sales Value data remains active status in CEIC and is reported by China Petroleum and Chemical Industry Federation. After-sales Service: 10 Engineers in After Service Department Warranty: 1 Year Display: Digital Portable: Non Portable Appliance: Food Analysis, Medical Research, Biochemistry Certification: ISO9001, RoHS, CE, FCC Found inside Page 468( 2 ) Petrochemical Industry : Japanese firms have been also involved in the construction of various petrochemical plants for China . The petrochemical industry is facing tougher market conditions with falling product prices, slowing demand growth and a massive increase in capacities in Asia and the Middle East. CN: Petrochemical Special Equipment: Financial Expense: ytd data remains active status in CEIC and is reported by China Petroleum and Chemical Industry Federation. Our analysis shows there are nine POE-backed projects accounting for over half the 20 million metric tons per year of new ethylene capacity being planned in China. CN: Petrochemical Special Equipment: YoY: Financial Expense: ytd data is updated monthly, averaging 19.767 % from Jan 2008 to May 2018, with 103 observations. The data is categorized under China Premium Databases Petrochemical Sector Table CN.RHD: Petrochemical Industry: Petrochemical Special Equipment. The latest export data for October further confirm the above trends. But in January-September net imports instead increased by 16%. This records a decrease from the previous number of 17.017 % for Nov 2012. CN: Petrochemical Special Equipment: Inventory data was reported at 68,695.013 RMB mn in May 2018. If you assume that net imports for the whole of this year grow at 16% and add this to our annual estimate for local production, you end up with 2020 demand growth at 11%. CN: Petrochemical Special Equipment: Total Asset data is updated monthly, averaging 349,391.882 RMB mn from Jan 2008 to May 2018, with 107 observations. This records an increase from the previous number of 9.833 % for Apr 2018. Sealcon Petrochemical mechanical seal is widely used because of its high reliability, good interchangeability, simple structure, etc. Guangxi Petrochemical is the first large-scale refining base built by CNPC in southern China, mainly including more than 24 sets of production facilities including a 10 Mt/a atmospheric-vacuum distillation unit, a 3.5 Mt/a heavy catalytic cracking unit, a 2.2 Mt/a continuous reforming unit, a 2.2 Mt/a wax oil hydrogenation cracking unit, and . This records an increase from the previous number of 8,718.932 RMB mn for Dec 2018. The data reached an all-time high of 328.548 % in Nov 2012 and a record low of -12.463 % in Oct 2015. CN: Petrochemical Special Equipment: Inventory data remains active status in CEIC and is reported by China Petroleum and Chemical Industry Federation. For example, Hengli Petrochemical is moving upstream into oil refining to source raw materials The data is categorized under China Premium Databases Petrochemical Sector Table CN.RHD: Petrochemical Industry: Petrochemical Special Equipment. into building-block petrochemical production, reshaping China's petrochemical industry. The data is categorized under China Premium Databases Petrochemical Sector Table CN.RHD: Petrochemical Industry: Petrochemical Special Equipment. CN: Petrochemical Special Equipment: YoY: No of Loss Making Enterprise data remains active status in CEIC and is reported by China Petroleum and Chemical Industry Federation. CN: Petrochemical Special Equipment: Financial Expense: ytd data is updated monthly, averaging 1,228.655 RMB mn from Jan 2008 to Aug 2018, with 110 observations. The IMF predicts Chinas GDP will increase by 1.9% in 2020. CN: Petrochemical Special Equipment: YoY: Total Profit & Tax: ytd data is updated monthly, averaging 21.034 % from Jan 2008 to Dec 2015, with 74 observations. CN: Petrochemical Special Equipment: Product Sales Ratio data remains active status in CEIC and is reported by China Petroleum and Chemical Industry Federation. CN: Petrochemical Special Equipment: New Product Value: ytd data remains active status in CEIC and is reported by China Petroleum and Chemical Industry Federation. +86-571-86959751 sales@china-sealcon.com CN: Petrochemical Special Equipment: YoY: Industrial Sales Value: ytd data was reported at 19.378 % in Feb 2013. CN: Petrochemical Special Equipment: Account Receivable data is updated monthly, averaging 74,161.602 RMB mn from Jan 2008 to Dec 2018, with 114 observations. China is the largest producer of this chemical accounting for almost 50% of its . investment, but the industry is reassessing its competitive status within the ASEAN and the 'threat' posed by China's rapid industrial expansion. This year, we expect Chinas share to rise to 64%. This records an increase from the previous number of 22,396.895 RMB mn for Apr 2018. CN: Petrochemical Special Equipment: YoY: Total Asset data was reported at 9.034 % in May 2018. CN: Petrochemical Special Equipment: Total Liability data is updated monthly, averaging 191,348.935 RMB mn from Jan 2008 to Aug 2018, with 110 observations. Starting from 2019, cost of sales includes cost from principal and other business. CN: Petrochemical Special Equipment: Industrial Sales Value: ytd data remains active status in CEIC and is reported by China Petroleum and Chemical Industry Federation. The data reached an all-time high of 57.711 % in Nov 2015 and a record low of -16.357 % in Nov 2010. CN: Petrochemical Special Equipment: Gross Industrial Output data is updated monthly, averaging 19,296.388 RMB mn from Nov 2008 to Dec 2012, with 50 observations. The data is categorized under China Premium Databases Petrochemical Sector Table CN.RHD: Petrochemical Industry: Petrochemical Special Equipment. No update on plant operations could be obtained at the time of writing. CN: Petrochemical Special Equipment: YoY: Product Sales Ratio: ytd data remains active status in CEIC and is reported by China Petroleum and Chemical Industry Federation. As this useful new online tool from the World Economic Forum shows, China has hoovered up global exports, gaining market share from other countries. Agenda: State of the Industry . The petrochemical industry in China is used as the industrial context in which we investigate the interplay between the Chinese government, which encourages growth and investment activities in the sector, and the multinational petrochemical firms competing for global market share in this sector. Found inside Page 2The Ministry of Industry and Information Technology has approved 311 industry including 11 chemical industry standards, 4 petrochemical industry The data is categorized under China Premium Databases Petrochemical Sector Table CN.RHD: Petrochemical Industry: Petrochemical Special Equipment. CN: Petrochemical Special Equipment: Industrial Sales Value: ytd data is updated monthly, averaging 104,280.513 RMB mn from Nov 2008 to Feb 2013, with 52 observations. Iran is a key member of Chinas Belt & Road Initiative. But this chart is an awful lot better than had been expected just a few months ago. China's Chemical Industry In 2004-----Excellent Year The output of the following products Ranked the first in the world: Fertilizer, Ammonia, Sodium Carbonate, . Found inside Page 220Industrial reform and the formation of duopoly China's oil and petrochemical industry was developed from scratch in the late 1950s. The industry has always The data reached an all-time high of 5,458.807 RMB mn in Dec 2017 and a record low of 182.166 RMB mn in Feb 2008. This records an increase from the previous number of 10,096.519 RMB mn for Nov 2015. Our dedicated and highly skilled team of analysts will next year produce the final, definitive numbers for 2020. Find industry analysis, statistics, trends, data and forecasts on Petrochemical Manufacturing in Canada from IBISWorld. Development of oil product route to chemicals Traditional refineries mainly focused on refined oil products, including gasoline, kerosene, and diesel. CN: Petrochemical Special Equipment: YoY: Product Sales Ratio: ytd data was reported at -0.481 % in Feb 2013. This records a decrease from the previous number of 23.959 % for Apr 2018. ICIS is part of the LexisNexis Risk Solutions Group portfolio of brands. Workers at the construction site of the Amur Gas Chemical Complex near Svobodnyy, Russia, on . CN: Petrochemical Special Equipment: YoY: Total Liability data is updated monthly, averaging 13.319 % from Jan 2008 to May 2018, with 103 observations. "China's early recovery from the epidemic has mainly promoted the development of its . With capacity set to further increase in China next year, and with local plants likely to run at high operating rates, this years demand boom has delayed the reckoning. In: Festel G., Oels U., Kreimeyer A., von Zedtwitz M. (eds) The Chemical and Pharmaceutical Industry in China. This records an increase from the previous number of 228,216.507 RMB mn for Dec 2018. Petrochemical Industry. Found inside Page 2China. Announcement. No. 32 of 2014 The Ministry of Industry and 30 building materials industry standards, 14 petrochemical industry standards, Instead of global PX demand falling by 1%, it would rise by 8% if my upside for Chinese PX demand is realised. The data is categorized under China Premium Databases Petrochemical Sector Table CN.RHD: Petrochemical Industry: Petrochemical Special Equipment. Not surprisingly, January-September 2020 net imports were down by 14%. This records an increase from the previous number of -3.014 % for Apr 2018. China ND Exporter Fcw Large Ratio Reduction Worm Gear Reducer for Petrochemical Industry, Find details about China Wormbox, Wormgearbox from ND Exporter Fcw Large Ratio Reduction Worm Gear Reducer for Petrochemical Industry - Hangzhou Hengnie Machinery Co., Ltd. The data reached an all-time high of 32,423.051 RMB mn in Dec 2012 and a record low of 10,438.633 RMB mn in Feb 2009. Global demand would rise by 6% instead of our base case forecast for a decline of 4%. The data is categorized under China Premium Databases Petrochemical Sector Table CN.RHD: Petrochemical Industry: Petrochemical Special Equipment. It was from then onwards that Chinese factories started to pivot away from making the things that we do not need for our new pandemic lifestyles towards the things we do need. This records an increase from the previous number of 14,900.616 RMB mn for Sep 2018. CN: Petrochemical Special Equipment: Financial Expense: ytd data was reported at 2,100.387 RMB mn in Aug 2018. This compares with our base case estimate of a decline of 1% (demand in China is assessed through net imports plus local production with adjustments made for inventory distortions). This records an increase from the previous number of 1,991.480 RMB mn for Jul 2018. What we may see during the remaining months of this year is a slowdown in Chinese MEG and PX demand and end-of-year adjustments by our analytics team for Chinese overstocking. Get up to speed on any industry with comprehensive intelligence that is easy to read. The data is categorized under China Premium Databases Petrochemical Sector Table CN.RHD: Petrochemical Industry: Petrochemical Special Equipment. This records a decrease from the previous number of 6.870 % for Nov 2018. This records an increase from the previous number of 263.975 Person th for Nov 2012. The data reached an all-time high of 66.026 % in Nov 2008 and a record low of -8.628 % in Oct 2009. To compete in this overpopulated industry, North Found inside Page 436INSTITUTIONAL CHANGE IN THE CHINESE OIL AND GAS INDUSTRY (i): THE PARTIALLY The entire oil and petrochemical sector operated as a single enterprise In terms of tonnes, if my estimate of 2020 Chinese MEG demand is right, local consumption would be 2m tonnes more than our base case. 0000054530 00000 n 0000001011 00000 n The data is categorized under China Premium Databases Petrochemical Sector Table CN.RHD: Petrochemical Industry: Petrochemical Special Equipment. The data reached an all-time high of 228,274.856 RMB mn in Dec 2017 and a record low of 54,101.033 RMB mn in Feb 2008. This records an increase from the previous number of 34,082.364 RMB mn for Nov 2015. Petrochemical industry giant Saudi Basic Industries Corp, known as SABIC, signs a deal with Fujian Petrochemical Industrial Group Co to form a joint venture. Again, watch out for later posts where I will give you updated forecasts for next years imports. CN: Petrochemical Special Equipment: No of Loss Making Enterprise data is updated monthly, averaging 285.000 Unit from Jan 2008 to May 2018, with 107 observations. Found inside Page 146Table 7.1 (continued) Ministry of Railways Ministry of Petroleum Industry Ministry of Geology and Mineral Resources Ministry of Railways China Petrochemical Petrochemicals (sometimes abbreviated as petchems) are the chemical products obtained from petroleum by refining. The data reached an all-time high of 96.484 % in Dec 2012 and a record low of 92.912 % in Mar 2009. Petrochemical Industry in China - Growing Demand and Supply in the Future by Qu Guangdong Director, SRI Consulting Beijing Office. CN: Petrochemical Special Equipment: Financial Expense: Interest Expense: ytd data was reported at 1,910.856 RMB mn in Aug 2018. This stayed constant from the previous number of 19.378 % for Jan 2013. This records an increase from the previous number of 22,255.293 RMB mn for Nov 2010. CN: Petrochemical Special Equipment: Industrial Sales Value data was reported at 32,423.051 RMB mn in Dec 2012. It also possible that there has been overstocking of finished goods imported from China because of concerns about further pandemic-related manufacturing disruptions. 2008 - 2018 | Monthly | RMB mn | China Petroleum and Chemical Industry Federation, 2008 - 2012 | Monthly | RMB mn | China Petroleum and Chemical Industry Federation, 2008 - 2013 | Monthly | RMB mn | China Petroleum and Chemical Industry Federation, 2010 - 2018 | Monthly | RMB mn | China Petroleum and Chemical Industry Federation, 2008 - 2010 | Monthly | RMB mn | China Petroleum and Chemical Industry Federation, 2008 - 2012 | Monthly | Person th | China Petroleum and Chemical Industry Federation, 2008 - 2020 | Monthly | Unit | China Petroleum and Chemical Industry Federation, 2008 - 2018 | Monthly | Unit | China Petroleum and Chemical Industry Federation, 2008 - 2012 | Monthly | % | China Petroleum and Chemical Industry Federation, 2008 - 2013 | Monthly | % | China Petroleum and Chemical Industry Federation, 2008 - 2020 | Monthly | RMB mn | China Petroleum and Chemical Industry Federation, 2008 - 2015 | Monthly | RMB mn | China Petroleum and Chemical Industry Federation, 2008 - 2018 | Monthly | % | China Petroleum and Chemical Industry Federation, 2010 - 2018 | Monthly | % | China Petroleum and Chemical Industry Federation, 2008 - 2010 | Monthly | % | China Petroleum and Chemical Industry Federation, 2008 - 2020 | Monthly | % | China Petroleum and Chemical Industry Federation, 2008 - 2015 | Monthly | % | China Petroleum and Chemical Industry Federation, CN: Petrochemical Special Equipment: Account Receivable, CN: Petrochemical Special Equipment: Administration Expense: ytd, CN: Petrochemical Special Equipment: Cost of Sales: ytd, CN: Petrochemical Special Equipment: Current Asset, CN: Petrochemical Special Equipment: Financial Expense: Interest Expense: ytd, CN: Petrochemical Special Equipment: Financial Expense: ytd, CN: Petrochemical Special Equipment: Gross Industrial Output, CN: Petrochemical Special Equipment: Gross Industrial Output: ytd, CN: Petrochemical Special Equipment: Industrial Sales Value, CN: Petrochemical Special Equipment: Industrial Sales Value: Delivery Value for Export: ytd, CN: Petrochemical Special Equipment: Industrial Sales Value: ytd, CN: Petrochemical Special Equipment: Inventory, CN: Petrochemical Special Equipment: Loss Amount: ytd, CN: Petrochemical Special Equipment: Net Fixed Asset, CN: Petrochemical Special Equipment: New Product Value: ytd, CN: Petrochemical Special Equipment: No of Employee: Average, CN: Petrochemical Special Equipment: No of Enterprise, CN: Petrochemical Special Equipment: No of Loss Making Enterprise, CN: Petrochemical Special Equipment: Product Inventory, CN: Petrochemical Special Equipment: Product Sales Ratio, CN: Petrochemical Special Equipment: Product Sales Ratio: ytd, CN: Petrochemical Special Equipment: Sales Revenue: ytd, CN: Petrochemical Special Equipment: Sales Tax & Surcharge: ytd, CN: Petrochemical Special Equipment: Selling & Distribution Cost: ytd, CN: Petrochemical Special Equipment: Total Asset, CN: Petrochemical Special Equipment: Total Liability, CN: Petrochemical Special Equipment: Total Profit & Tax: ytd, CN: Petrochemical Special Equipment: Total Profit: ytd, CN: Petrochemical Special Equipment: Value Added Tax Payable: ytd, CN: Petrochemical Special Equipment: YoY: Account Receivable, CN: Petrochemical Special Equipment: YoY: Administration Expense: ytd, CN: Petrochemical Special Equipment: YoY: Cost of Sales: ytd, CN: Petrochemical Special Equipment: YoY: Current Asset, CN: Petrochemical Special Equipment: YoY: Financial Expense: Interest Expense: ytd, CN: Petrochemical Special Equipment: YoY: Financial Expense: ytd, CN: Petrochemical Special Equipment: YoY: Gross Industrial Output, CN: Petrochemical Special Equipment: YoY: Gross Industrial Output: ytd, CN: Petrochemical Special Equipment: YoY: Industrial Sales Value, CN: Petrochemical Special Equipment: YoY: Industrial Sales Value: Delivery Value for Export: ytd, CN: Petrochemical Special Equipment: YoY: Industrial Sales Value: ytd, CN: Petrochemical Special Equipment: YoY: Inventory, CN: Petrochemical Special Equipment: YoY: Loss Amount: ytd, CN: Petrochemical Special Equipment: YoY: New Product Value: ytd, CN: Petrochemical Special Equipment: YoY: No of Employee: Average, CN: Petrochemical Special Equipment: YoY: No of Loss Making Enterprise, CN: Petrochemical Special Equipment: YoY: Product Inventory, CN: Petrochemical Special Equipment: YoY: Product Sales Ratio, CN: Petrochemical Special Equipment: YoY: Product Sales Ratio: ytd, CN: Petrochemical Special Equipment: YoY: Sales Revenue: ytd, CN: Petrochemical Special Equipment: YoY: Sales Tax & Surcharge: ytd, CN: Petrochemical Special Equipment: YoY: Selling & Distribution Cost: ytd, CN: Petrochemical Special Equipment: YoY: Total Asset, CN: Petrochemical Special Equipment: YoY: Total Liability, CN: Petrochemical Special Equipment: YoY: Total Profit & Tax: ytd, CN: Petrochemical Special Equipment: YoY: Total Profit: ytd, CN: Petrochemical Special Equipment: YoY: Value Added Tax Payable: ytd, 2021 CEIC Data, an ISI Emerging Markets Group Company.

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