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September 28, 2005
Annual Report on China's Petrochemical Industry, 2004-2005
Research and Markets (researchandmarkets.com/reports/c24777) has announced the addition of Annual Report on China''s Petrochemical Industry, 2004-2005 to their offering.
Dublin (PRWEB) September 28, 2005 -- Research and Markets (http://www.researchandmarkets.com/reports/c24777) has announced the addition of Annual Report on China''s Petrochemical Industry, 2004-2005 to their offering.
The report sums up the development of the global and Chinese petrochemical industries in 2004. Through detailed data and full elaboration, it reveals the structure and competition pattern of China's petrochemical industry. Meanwhile, it also presents a comprehensive assessment of the operational strategies and competitiveness of key enterprises in the industry.
The report especially points out the following: In 2004, insufficient production capacity of crude oil and other petrochemical products continued to stimulate the fast growth of the petrochemical.
International cooperation and competition were continuously strengthened. State-owned petrochemical enterprises continued to make institutional, business and strength adjustment. Raw material prices were set to rise, with varying effects on the industry. The industry was in urgent need to look for ways to solve the crude oil shortage problem. In the manufacturing link, State-owned enterprises monopolized the middle and upstream, while private capital competed in the downstream field. Foreign capital staged strong offensives. In the oil product retail field, SINOPEC and PetroChina were in a monopolistic position for the time being, with foreign capital entering in large numbers. In the next few years, oil and petrochemical production will continue to maintain fast growth, with production capacity falling short of demand.
Production regions will become concentrated and new and high technologies and products with high added values will draw attention. The industry will pay more attention to environmental protection and sustainable development.
Based on an in-depth analysis of major factors affecting the development of China's petrochemical industry, 2005-2009, the report presents qualitative and quantitative forecast of the development trend of the industry. Finally, it provides pertinent industry development strategies and recommendations.
For more information visit http://www.researchandmarkets.com/reports/c24777
Laura Wood
Senior Manager
Research and Markets
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Posted by Industrial-Manufacturing at September 28, 2005 01:36 AM