NEWS
Prospect of chemical industry
2022-10-08
According to the Investment Analysis and Prospect Forecast Report of Fine Chemical Industry from 2010 to 2015, the low rate of fine chemical industry in China is caused by the following reasons: firstly, the development of related technologies in China is relatively backward, while foreign chemical giants with technologies have implemented technology blockade, and the development of fine chemical industry in China lacks technical support; Second, China's fine chemical enterprises are mainly small and medium-sized private enterprises, while large state-owned chemical enterprises with resource advantages [2669.99 - 0.12%] and capital advantages are not active in developing fine chemical products, which also leads to the low refinement rate in China.
This time, Sinopec and BASF cooperate to enter the field of fine chemical industry. Sinopec can effectively introduce BASF's production technology for fine chemical products, and develop the fine chemical industry by virtue of its resource advantages, which is conducive to the development of China's fine chemical industry and the improvement of the refinement rate.
The development of fine chemical industry is an important step to realize the structural adjustment and industrial upgrading of the chemical industry. The seven emerging strategic industries proposed to be supported by the country are also closely related to fine chemical industry. Almost every industry needs to use fine chemical products. In the future, as large state-owned enterprises such as Sinopec pay more attention to the development of fine chemical industry, the development prospect of fine chemical industry in China is very optimistic.
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