Ningxia attracts investments in small and medium-sized petrochemical companies

As the main position to actively undertake the transfer of eastern industries, the role of the bridgehead in Ningxia has been highlighted. The National Ningxia SME Activities held from June 29th to July 1st attracted nearly 100 petrochemical SMEs to Ningxia for inspection and docking, linking Ningxia's petrochemical industry construction hotspot with the development needs of SMEs in central and eastern China. . After the company's inspection, it was considered that Ningxia's abundant resources and land prices were very attractive, especially the local petrochemical midstream and downstream projects and the logistics service industry.

According to Zhao Jungui, vice president and secretary-general of the China Petroleum and Chemical Industry Federation, at present, the new regional layout and division of labor in China's petrochemical industry are accelerating. The distinctive feature is that the petrochemical industry concentrates on resources, accumulates in the market, and from the eastern region Gradient and orderly shifts in the central and western regions. At present, the proportion of major petrochemical products in the central and western regions is increasing. In 2011, the proportion of sulphuric acid production in the central and western regions accounted for 76.6% of the national total; the output of soda ash and caustic soda accounted for 49.8% and 47.2% respectively; the proportion of chemical fertilizer production accounted for 78.5%; the output of synthetic resin accounted for 33.5%; and the methanol production accounted for 66%. %. The share of the petrochemical economy in the central and western regions has also steadily increased.

The Ningdong Energy and Chemical Industry Base, which is the focus of this event, is an important economic growth pole in Ningxia. Yang Hongyue, deputy director of Ningdong Energy Chemical Base Administrative Committee, gave an overview of the Ningdong base and its coal chemical downstream industries, which attracted the attention of nearly 100 petrochemical SMEs. According to reports, the proven reserves of coal at the Ningdong base is 29.5 billion tons, and the forecasted resources for the long-term horizon are 139.4 billion tons; the comprehensive electricity price for the base is 0.466 yuan/kWh and the land price is 24,000 yuan/mu.

Companies participating in the inspection said that the prices of coal, electricity and land are very attractive here, and it is a hot spot for investment. This investment can not only greatly reduce production costs, but also expand the scale of the company. Yang Xiuwu, manager of Bayi Phosphate Fertilizer Plant in Gansu Province, said that their development space in Gansu is very limited, and investment in Ningxia has a vast space, and it can provide local farmers with products with higher prices and better prices.

Corporate representatives generally believe that the current situation of the development of the large-scale environment and chemical industry at home and abroad is relatively complicated, and the choice of companies in the direction of investment is very cautious. SMEs can take advantage of their own technology, management, etc., combined with the advantages of Ningdong resources to participate in the construction of downstream projects in the petrochemical industry, which is conducive to their own development, but also help Ningdong base to extend the industrial chain, is a win-win choice. Lu Ensheng, deputy general manager of the general management department of Xuyang Chemical Co., Ltd., expressed his interest in downstream products of benzene and deep processing of coal tar.

SMEs also paid attention to the logistics and services of Ningdong Base. The relevant person in charge of Zhongshan Hualian Electronics Co., Ltd. stated that through inspections, the Ningdong base was a short board in terms of logistics, and related companies could carry out logistics business around the coal chemical industry and downstream industries, and there would be great business opportunities.

The event was jointly organized by the People's Government of Ningxia Hui Autonomous Region, the China Association of Small and Medium Enterprises, and the China Petroleum and Chemical Industry Federation. More than 200 SMEs took part in the inspection, of which nearly 100 came from the petrochemical industry.

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