According to calculations, the average annual growth rate of China's machinery industry during the “Eleventh Five-Year†period and before 2020 will still reach 12% to 15%, but the development of various sub-sectors in the machinery industry will show a differentiation trend. Major technical equipment such as petrochemical general equipment and high-tech equipment manufacturing represented by CNC machine tools will continue to maintain rapid growth.
Zhang Jiaming, director of the Information Department of the China Petroleum and Petrochemical Equipment Industry Association, recently stated that the chemical machinery industry has been on the verge of a loss for a long time. The large-scale import of modern large-scale petrochemical equipment is one of the main reasons for the low economic efficiency of the industry. However, in 2004, chemical machinery broke out with booming production and sales, and it reversed the industry-wide loss situation. The main reasons were the following:
First, domestic and foreign markets have a strong demand for petroleum and chemical equipment. In 2004, the market suddenly increased its demand for chemical equipment and brought about a turn for the petrochemical equipment industry. For example, due to the shortage of crude oil prices, in order to obtain more light oils such as liquefied gas, gasoline, kerosene, diesel oil and lubricating oil during the oil refining process, refining companies have set off a climax to the construction or upgrading of petroleum hydrogenation equipment.
At present, there are more than 100 sets of hydrogenation units in China, and there are 45 sets of hydrogenation units under construction and newly built in the second half of 2004 to the first half of 2005. The sudden increase in the demand for hydrogenation equipment in the country has made it difficult for equipment manufacturers to cope with the situation and the demand for products has fallen short of demand. In 2004, many chemical machinery manufacturers received large orders that had not been seen for many years. The sales of products rose sharply and rose by 30% in the first half of this year. Industry backbone enterprises such as Jinxi Chemical Machinery Group Co., Ltd., China First Machinery Dalian Hydrotreating Reactor Manufacturing Co., Ltd., and Beijing Chemical Machinery Plant, etc., have increased their sales revenues while profits have begun to increase substantially.
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.
At the end of last year, Shandong Hualu Hengsheng Chemical Co., Ltd. successfully completed a successful trial of a large-scale nitrogen fertilizer localization device, indicating that large fertilizer equipment will no longer need to be imported. This set of equipment is based on coal, using domestically designed and manufactured nitrogen production plant with an annual output of 300,000 tons of synthetic ammonia, equipment localization rate as high as 94.5%. The total investment in the construction of the device is less than 1.3 billion yuan, and it takes almost 4 billion yuan to import a device. Domestically-implemented petroleum hydrogenation equipment and the successful development of key equipment for ethylene cracking and post-processing will all bring new economic growth points to manufacturers.
In addition, the more significant increase in the economic efficiency of the petroleum and chemical machinery industry is due to the progress in industrial restructuring and restructuring of enterprises. 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.
According to the news from the China National Chemical Equipment Association, along with the sustained rapid growth of the petroleum and chemical industry during the “Eleventh Five-Year Plan†period, the chemical machinery industry will usher in a promising development period and it is expected to further expand the development space.
The analysis shows that during the next five-year plan period, refining and ethylene will become the leading and the core of petrochemical industry, and China's chemical machinery industry will present several major development trends: traditional brand-name advantage products will still obtain a higher market share, for example, large-scale ammonia synthesis Major equipment such as high-pressure vessels in urea plants; 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 innovation will become a chemical industry; Equip new growth points; Large-scale petrochemical equipment brings about large-scale equipment; Oil and chemical product storage and transportation equipment will gain a specific market share. For example, railway tank cars and auto tanker varieties will continue to expand to meet different oil and chemical product transportation. Needs.
Zhang Jiaming, director of the Information Department of the China Petroleum and Petrochemical Equipment Industry Association, recently stated that the chemical machinery industry has been on the verge of a loss for a long time. The large-scale import of modern large-scale petrochemical equipment is one of the main reasons for the low economic efficiency of the industry. However, in 2004, chemical machinery broke out with booming production and sales, and it reversed the industry-wide loss situation. The main reasons were the following:
First, domestic and foreign markets have a strong demand for petroleum and chemical equipment. In 2004, the market suddenly increased its demand for chemical equipment and brought about a turn for the petrochemical equipment industry. For example, due to the shortage of crude oil prices, in order to obtain more light oils such as liquefied gas, gasoline, kerosene, diesel oil and lubricating oil during the oil refining process, refining companies have set off a climax to the construction or upgrading of petroleum hydrogenation equipment.
At present, there are more than 100 sets of hydrogenation units in China, and there are 45 sets of hydrogenation units under construction and newly built in the second half of 2004 to the first half of 2005. The sudden increase in the demand for hydrogenation equipment in the country has made it difficult for equipment manufacturers to cope with the situation and the demand for products has fallen short of demand. In 2004, many chemical machinery manufacturers received large orders that had not been seen for many years. The sales of products rose sharply and rose by 30% in the first half of this year. Industry backbone enterprises such as Jinxi Chemical Machinery Group Co., Ltd., China First Machinery Dalian Hydrotreating Reactor Manufacturing Co., Ltd., and Beijing Chemical Machinery Plant, etc., have increased their sales revenues while profits have begun to increase substantially.
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.
At the end of last year, Shandong Hualu Hengsheng Chemical Co., Ltd. successfully completed a successful trial of a large-scale nitrogen fertilizer localization device, indicating that large fertilizer equipment will no longer need to be imported. This set of equipment is based on coal, using domestically designed and manufactured nitrogen production plant with an annual output of 300,000 tons of synthetic ammonia, equipment localization rate as high as 94.5%. The total investment in the construction of the device is less than 1.3 billion yuan, and it takes almost 4 billion yuan to import a device. Domestically-implemented petroleum hydrogenation equipment and the successful development of key equipment for ethylene cracking and post-processing will all bring new economic growth points to manufacturers.
In addition, the more significant increase in the economic efficiency of the petroleum and chemical machinery industry is due to the progress in industrial restructuring and restructuring of enterprises. 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.
According to the news from the China National Chemical Equipment Association, along with the sustained rapid growth of the petroleum and chemical industry during the “Eleventh Five-Year Plan†period, the chemical machinery industry will usher in a promising development period and it is expected to further expand the development space.
The analysis shows that during the next five-year plan period, refining and ethylene will become the leading and the core of petrochemical industry, and China's chemical machinery industry will present several major development trends: traditional brand-name advantage products will still obtain a higher market share, for example, large-scale ammonia synthesis Major equipment such as high-pressure vessels in urea plants; 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 innovation will become a chemical industry; Equip new growth points; Large-scale petrochemical equipment brings about large-scale equipment; Oil and chemical product storage and transportation equipment will gain a specific market share. For example, railway tank cars and auto tanker varieties will continue to expand to meet different oil and chemical product transportation. Needs.
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