today and tomorrow: petrochemical industry in china...market study of product and service on...

Today and Tomorrow:

Petrochemical Industry in Chinafrom the Viewpoint of Environmental Protection Storm

CNCIC ConsultingVicky Su

2019/5/17 Only use

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NOT PUBLICLY DISCLOSED

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CNCIC is an authoritative chemical industrial information service

& consulting institute in China, and focuses on chemical

industrial market research for nearly 60 years

1© 2019 CNCIC Consulting. All rights reserved

Established

Economic

Information Center

of the Ministry of

Chemical Industry

Established Scientific &

Technological Information

Research Institute of

Ministry of Chemical

Industry

Merged to

establish

CNCIC

Transferred

to enterprise

1959 1984 1992 1999

─ Research Institute of Industry Planning

─ Research Institute of Industry Economics

─ China National Petrochemicals Information Center

─ China National Polymers Information Center

─ China National Fertilizer Information Center

─ China National Pesticide Technology Economic

Development Center

─ China National Silicon &Fluorine Material Information

Research Center

Professional research platforms

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Industry

─ Annually Organize and hold 50+ high-quality chemical

conferences & exhibitions in China and abroad

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Association

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─ CNCIC Database including Chinese Petrochemicals

and other commodity chemicals

─ CNCIC Price Index

Reliable internal database

– China National Library of Engineering-Chemical Branch

– Member of NSTL (National Science and Technology

Library)

The largest chemical resource center in China

2019

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CNCIC Consulting provides the most reliable market insight and

actionable recommendations to improve performance at every

level of your organization and develop effective strategies in a

dynamic market


Customized In-depth Market Report

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planning…

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segmentation

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analysis

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& benchmarking

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Report…

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evaluation

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and satisfaction

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analysis

Acquisition/alliance

evaluation

Site

selection…

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● CNCIC Consulting have a long-term tracking and rich experience in environmental protection industry

● Recent achievements in Environmental Protection Industry

─ Customer Study on Devices of Emissions Control Technology

─ In-depth Analysis on VOC Policy and Regulation in Fine Chemical Industry in China by Province

─ Technology Assessment on Waste Gas Treatment in Refinery Plants in China

─ Market Study on Sulfur Recovery Technology in Petrochemical and Coal Chemical Industry in

China

─ Market and Technology Assessment on Environmental Protection Catalysts in China

─ Policy Analysis on “The Action Plan for Prevention and Treatment of Air & Water Pollution” in

China and its effect on Target Chemicals

─ Policy and Regulation Analysis and Forecast on Environment Protection in China

─ Market Study of Product and Service on Industrial Wastewater Treatment in China

─ Market Assessment on Water Treatment Membrane in China

─ Competitor Intelligence on Water Treatment Equipment Manufacturers

─ Technology Evaluation and Supplier Assessment on Adsorbents in China

● National Energy-saving and Emission Reduction Center (under CNCIC HSE Department)

– Energy audit

– Energy saving planning

– Energy efficiency standardization

– Carbon resource management

– Clean production

EXPERIENCE IN ENVIRONMENTAL PROTECTION

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● Conference and Exhibition Platform in Environmental Protection Industry

─ Transformation and Challenge of Chinese Petro & Chemical Industry under Environmental

Protection ‘New Normal’

◆Solid Waste Pollution Prevention and Toxic Chemical Control—— Professor of Engineering

and Director of the Audit and Registration Department, Solid Waste and Chemicals

Management Technology Center, the Chinese Ministry of Ecology and Environment (环境保护部固体废物与化学品管理技术中心)

─ China Petrochemical Energy Saving and Emission Reduction Technologies Conference

─ China Petrochemical Production Safety and Control Technology Conference

─ Energy Consumption Standard of Petroleum and Chemical Industry Seminar

─ China International Industrial Water Treatment Conference

─ China International Water Treatment Chemicals Exhibition

─ China International Industrial Water Treatment Technologies and Equipment Exhibition

─ China Chemical Standardization Forum

─ China Chemical Regulation Conference

EXPERIENCE IN ENVIRONMENTAL PROTECTION


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● Based on our profound understanding and real-time update on Chinese polices, especially

policies related to the petroleum and chemical industry, and our long-term tracking and

research on various chemical sectors, CNCIC recently released two popular reports and the

hot-topic seminar as below.


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Coming

soon

Coming

soon

Transformation and upgrading of Chemical Industry Parks in China under continuous

pressures of safety regulations

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7© 2018 CNCIC Consulting. All Rights Reserved.

China: under change

Tightened

regulations

Stricter

enforcement

Shut-down, removal and

upgrading of plants

Goal is to have economic

development

with higher efficiency and

added value

• During 2016-2018 the Chinese Government made unprecedented efforts to unfold

nationwide environmental supervision and triggered a round of de-capacity storm

Supply-side

reform

Reduced number of

Chemical Industry Parks

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The total GDP of Beijing-Tianjin-Hebei, Yangtze River Economic Belt, and Pearl River

Delta accounts for 63% of China’s GDP

GDP in main economic zones

GDP

8.2 Trillion

GDP

37.4 TrillionBeijing-Tianjin-Hebei

Yangtze River Economic Belt

Pearl River DeltaBeibu Gulf

GDP

6.7 Trillion

GDP

0.65 Trillion

• Beijing-Tianjin-Hebei has the highest percentage of

tertiary industry in China

• Increasing speed of tertiary industry is higher than

primary and secondary in three major economic area

• Yangtze River Belt accounts for 45% of China’s GDP

Shandong

7.6 Trillion

Hebei

3.6 Trillion

Jiangsu

9.3 Trillion

Zhejiang

5.6 Trillion

Sichuan

4.1 Trillion

Guangdong

9.7 Trillion

Note: There is not data for year 2017 of Pearl River Delta and Beibu Gulf yet (2016 data marked as purple)

1

2

3

4

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Changes of environmental protection laws and regulations: China is vigorously boosting a system

with environmental vertical management and environmental inspection as the core

• China revised and added a large number of environmental protection laws and regulations in recent years

• A large number of documents such as industrial plans related to environmental protection were issued

• In terms of environmental supervision system, China is vigorously boosting a system with environmental

vertical management and environmental inspection as the core

2013

2014

2015

2016

2017

Issue “Action Plan for the Prevention and Control of Atmospheric Pollution”

Issue““Methods for Assessing the Implementation of the Most Stringent Water Resources Management System”

Revise“the most strictest”Environmental Protection Law

Issue“Strengthening Environmental Supervision and Law Enforcement”

Issue “Methods for Assessing the Implementation of the Prevention and Control of Atmospheric Pollution ”

Revise“Prevention and Control of Atmospheric Pollution”

Issue“Action Plan for the Prevention and Control of Water Pollution”

Revise “Law of the People’s Republic of China on the Protection of Marine Environment”

Revise “Law of the People’s Republic of China on Water”

Revise“Law on Energy Conservation”

Revise“Prevention and Control of Environmental Pollution by Solid Wastes”

Issue “Law of the People’s Republic of China on Environmental Protection Tax”

Issue “Law of the People’s Republic of China on Environmental Protection Tax””

Revise “Law of the People’s Republic of China on the Prevention and Control of Water Pollution”

Issue“Catalogue of Pollutant Discharge Permit Classified Management at Stationary Polluting Sources”

Issue “Methods for the Management of Soil Environment at Polluted Plot”

Issue“Scheme for the Second National Census to Polluting Sources”

Issue“Work Scheme for the Prevention and Control of VOCs Pollution during the Thirteenth Five-Year Plan Period”

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Chemical Industrial Parks started the reform since 2016 (beginning of

the 13th FYP) and the actions will continue in the future


● Actions taken by the Chemical Industrial Parks during the 13th FYP period

Implement the

strictest

standard

Reduction ratio

PollutantRequired by the

Central government

Required by

Shandong

Total SO2 emissions 15% 27.0%

Total nitrogen oxide emissions 15% 27.0%

Total chemical oxygen demand 10% 11.7%Total ammonia nitrogen

emissions 10% 13.4%

▪ All provinces and municipalities have stepped up efforts to supervise and inspect the

environmental compliance of industrial parks. The local environmental protection bureau

dispatches a safety and environmental protection unit/team to every local industrial park to

conduct daily environmental inspections on the park.

Stress

monitoring and

supervision

● All the provinces and

municipalities have

formulated more stringent

environmental protection

indicators than the 13th

Five-Year Eco-environmental

Protection Plan

▪ To develop reduce wastewater discharge, implement centralized treatment of wastewater, and

even develop toward the wastewater-free direction. They shall also engage in recycling of waste

solids.

Develop

circular

economy

▪ All provinces and municipalities have started to clean up polluting enterprises, shut down

outdated production capacity and promote clean production. They require polluting enterprises to

carry out technological transformation to reduce the energy consumption and pollutant emissions.

Raise the bar

for new entry

thresholds

▪ All industrial parks have basically achieved the centralized treatment of wastewater, the

centralized incineration of waste gas and the centralized recovery of waste residue.

Invest in waste

management

facilities

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The environmental protection storm started in 2017 suggests all chemical

manufacturers will be under pressure


营业收入

Beijing-Tianjin-Hebei

Suspend Approval,

Delist,

Consolidate

Decrease Number

Of Industry Parks,

New Projects

Should Enter Parks,

Strengthen

Inspection

Shut Down 2077

Plants,

Rate Of Entering

Parks Up To 50%

Voc Treatment,

Cancel 61

Hazardous

Chemical Ent.

Shudown

RelocateShutdown Away City And Into

Industrial Park

Limited

Approval

Shandong Jiangsu Zhejiang

Hubei Hunan Sichuan Anhui

● The central and local governments have issued a series of policies to facilitate the transformation of

the industry to increase profit and reduce hazardous chemicals

● For example, new projects may not be approved and some existing projects/plants may need to

relocate

For example,

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In the next five years, petrochemical, coal-fired power plant and

industrial coating industries will be the focus of three-wastes

treatment

12

Waste solids

● Waste solids mainly come from mining, petrochemical and power

industries. In the future, iron & steel and chemical industries will be

the focus of waste solid treatment

● Industrial solid waste recycling will be the future mainstream

treatment mode

– Incineration technology will gradually expand its proportion

R & P Coal chemical Coatings Electronics Pharmaceutical

Waste

alkali

residue

Neutralization

Slag, etc.

RecyclingWaste

coatings

incinerati

on

Waste

cables

Dismantling

/recycling

Waste

residueIncineration

LandfillLandfill

Waste

glass,

waste

paper

,etc.

Incineration or

landfill

Waste

sludge

Sludge

treatmentWaste clay Recycling

Waste

catalystRecycling

Oil sludge,

residue

Incineration &

reuse

Waste

solventIncineration

Waste acid,

waste lyeRecycling

Waste oil Recycling Waste solventHazardous

waste

Waste

Sludge

Sludge

treatmentWaste sludge

Sludge

treatment

Main

wastes

Treatment

method

© 2018 CNCIC Consulting. All rights reserved

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As of 2017, China had ~600 chemical industrial parks;

more than 60% are located in East and South China


● The leading three provinces with higher number of chemical parks are Jiangsu province (with 63 chemical

parks), Shandong province (52 parks) and Hubei province (46 parks)

– By 2018, the number of chemical parks in Shandong and Hubei are expected to decrease

Heilongjiang

10

Jilin 2

Liaoning

15

Inner Mongolia

39

Tianjin 3

Beijing 1

Hebei

17Shandong

52

Jiangsu

63 Shanghai

2

Zhejiang 10

Fujian

7

Guangdong

17

Hainan 2

Xinjiang 26

Qinghai 3

Sichua

n 16

Chongqin

g 5

Yunnan

6

Guizhou

22

Guangxi

3

Hunan

12

Shanx

i

25

Anhui

8

Jiangxi

11

Hubei

46

Henan

40

Gansu

25 Ningxia 4

Shaanxi

10

40%

20%

14%

10%

9%7%

Regional distribution of chemical parks in china, %

East China South ChinaNorth China Northwest ChinaSouthwest China Northeast China

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The 2017 list of the top 20 chemical industrial parks suggest

that East and South China are prime locations


● Top 20 parks are selected based on

– The added value output per square

kilometer of land reached 970 million yuan

– The energy consumption was 1.93 tons of

standard coal per ten thousand yuan

industrial added value

– COD emissions per ten thousand yuan GDP

was 0.32 kg

– SO2 emissions per ten thousand yuan GDP

was 0.95 kg, and the average industrial

correlation was about 46%.

ID Name Location

1 Shanghai Chemical Industry Park Shanghai

2Huizhou Daya Bay Economic and Technological Development Zone Guangdong

13Maoming National Hi-Tech Industry Development Zone Guangdong

15Zhuhai National Economic and Technical Development Zone (Gaolan Port) Guangdong

3Ningbo Petrochemical Economic and Technological Development Zone Zhejiang

7 Ningbo Daxie Development Zone Zhejiang

10 China Chemical New Materials (Jiaxing) Park Zhejiang

17Zhangzhou National High-tech Development Zone Zhejiang

4 Nanjing Jianbei New Materials High-Tech Park Jiangsu

6 Jiangsu Taixing Economic Development Zone Jiangsu

8Ningxia Hui Autonomous Region NingdongEnergy and Chemical Industry Base Ningxia

11 Yangzhou Chemical Industry Park Jiangsu

12Jiangsu Changzhou Binjiang Economic Development Zone Jiangsu

18 Jiangsu High-tech Chlorination Industrial Zone Jiangsu

5 Zibo Qilu Chemical Industry Park Shandong

9 Dongying Port Economic Develop Area Shandong

19 Jining New Material Industrial Park Shandong

14Zhangzhou Lingang Economic and Technological Development Zone Hebei

20Hebei Shijiazhuang Xun Huan Hua Gong Yuan Qu Hebei

16 Quangang Petrochemical Industrial Park Fujin

li

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Among top 20, 12 are national and 8 are provincial chemical parks

© 2018 CNCIC Consulting. All rights reserved15

18. China Petrochemical (Qinzhou) Industrial

Park

5. Ningbo Daxie Development Zone

3. Ningbo Petrochemical Economic and

Technological Development Zone

16. Wuhan Chemical Industry Park

20. Jining New Material Industrial Park

11. China New Chemical Material (Jiaxing)

Park

9. Zibo Qilu Chemical Industry Park

14. Changshou Economic and Technology

Development Area

13. Quangang Petrochemical Industry

Park

17. Jiangsu High-tech Fluorine Chemical

Industry Park

6. Jiangsu Yangtse International

Chemical Industrial Park

7. Jiangsu Taixing Economic

Development Zone

8. Yangzhou Chemical Industry Park

• 9.3km2/35/330

• Petrochemical, fine chemical, new

chemical materials, chemical fiber

textile

4. Nanjing Chemical Industry Park

19. Jilin Chemical Industry Circular

Economy Pilot Park

1. Shanghai Chemical Industry Park

12. Cangzhou Lingang Development

Zone10. Dongying Port Economic Develop

Area

15. Maoming National HI-TECH

Industry Development Zone

2. Huizhou Daya Bay Economic and


• 45km2/200+/1049

• Petroleum and natural gas chemical,

organic chemical raw materials, fine

chemical

• 8.95km2/60+/150

• Organic fluorine materials, high

performance membrane materials

etc.

• 24km2/58/1140

• Petrochemical, synthetic materials,

fine chemicals

• 68km2/100+/208• Chlor-alkali, dye, pigment, pharmaceutical,

pesticide, grease chemical

• 29.4km2/97/1100+

• Petrochemicals, synthetic materials, fine

chemicals

• 25km2/30+/643.5

• Focus on refining and chemical

projects, develop synthetic materials,

organic chemicals and fine chemicals

• 23.6km2/70+/805

• C2, C3, C4 downstream products

and refining/chemical by-products etc.

• 35.2km2/100+/505

• Chemical raw materials, fine chemicals,

polymer materials

• 56.22km2/100+/1700

• Focus on refining and ethylene. Also deal

with basic chemical materials and

petrochemical deep

• 10km2/35/478

• Organic silicon, high-performance

materials, lithium ion battery chemicals,

fatty acids

• 102km2/30+/373.69

• Petrochemicals and fine chemicals as

basis, new materials, high-end

equipment manufacturing, bio-health

sectors as pillars

• 80km2/200+/840

• Comprehensive chemical, new materials,

new energy, metallurgy, steel, equipment

manufacturing

• 71.64km2/316+/148

• Focus on ethylene, develop C5, C9, EO

and aromatics industrial chains

• 28.6km2/23/340

• Refining by-products processing, PE,

olefins, phosphorous chemical and bio-

chemical

• 60km2/32+/47

• Coal chemical, fine chemical, biochemical,

new materials

• 72km2/32+/1842

• Petrochemicals, fine chemicals, new chemical

materials, C1 chemical, plastics, etc.

• 66km2/42+/100.6

• Petrochemical, coal chemical, salt

chemical, comprehensive utilization

of hydrogen and chlorine

• 30km2/200+/718.7

• Petrochemical (C3, C4), salt

chemical, bio-chemical

• 59.8km2/240+/544

• Ethylene, EO, aromatics, PO,

acrylonitrile

Note:

• Area of chemical park/number of enterprises in the

park/park’s business income, RMB billion yuan

• Leading industries

li

1

2 15

178764

1153

13

12

20109

18

16

14

19

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The number of smaller-scaled chemical parks will decrease in the face of the

environmental storm

National, 47, 9%

Provincial262, 52%

Prefecture level, 193,

39%

Major chemical parks in China in 2016, %

National, 47, 10%

Provincial, 262, 54%

Prefecture level, 173,

36%

Major chemical parks in China in 2018, %

East China40%

South China20%

North China14%

Northwest China10%

Southwest China

9%

Northeast China

7%

Regional distribution of chemical parks in china, %

Type of chemical

parks

>100

50～100

10～50

<10

Sales revenue,

RMB billionNumber of

parks

13

29

155

404

Extra-large

Medium

Large

Small

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Of the 20 chemical industrial parks, 15 are relying heavily on refining and chemical

projects, highlighting such projects’ importance in the development of chemical

industry parks in China


Chemical park name

Petro-

chemical

Organic

Chemicals

High Polymer

Material New material

Coating/dying/

rubber

Lithium

batter

1 Shanghai Chemical Industry Park √ √ √ √

2 Huizhou Daya Bay Economic and


√ √ √ √

3 Ningbo Petrochemical Economic and


√ √ √

4 Nanjing Chemical Industry Park √ √ √ √

5 Ningbo Daxie Development Zone √ √

6 Jiangsu Yangtse International Chemical

Industrial Park

√ √

7 Jiangsu Taixing Economic Development Zone √ √ √

8 Yangzhou Chemical Industry Park √ √ √ √

9 Zibo Qilu Chemical Industry Park √ √ √

10 Dongying Port Economic Develop Area √ √ √

11 China New Chemical Material (Jiaxing) Park √ √

12 Cangzhou Lingang Economic and Technology

Development Zone

√

13 Quangang Petrochemical Industry Park √ √

14 Changshou Economic And Technology

Development Area

√ √ √

15 Maoming National HI-TECH Industry

Development Zone

√ √ √

16 Wuhan Chemical Industry Park √ √

17 Jiangsu High-tech Fluorine Chemical Industry

Park

√

18 China Petrochemical (Qinzhou) Industrial

Park

√ √

19 Jilin Chemical Industry Circular Economy Pilot

Park

√ √ √ √

20 Jining New Material Industrial Park √ √

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Three characteristics of China’s industrial chemical parks


• China’s chemical industry features high correlation and long product chain. Companies often produce some chemical

products in house, the products from the upstream process are used as raw materials for the downstream process

and the production devices can be connected through pipeline. The chemical industrial parks can integrate chemical

facilities or enterprises that are related to each other, they can also save the transportation cost of raw materials. In

this way, they are cost saving, conducive to production control and centralized treatment of the "three wastes" (waste

gas, waste water and industrial residue)

Value chain integration within the park

• As many chemical enterprises are concentrated in chemical parks, there are numerous flammable, explosive, toxic

and other dangerous sources in the parks. Accidents can cause grave consequences, so the safety management of

chemical parks is of utmost importance

High demand for better HSE management

Chemical industrial parks have become an important vehicle for China to realize circular economy. Chemical industry

needs to consume a large amount of resources and energy. It is also a capital intensive industry as huge investment is

needed to build a petrochemical plant. This requires reasonable layout of upstream and downstream enterprises in the

park so as to achieve resource sharing, coexistence of industries by exchanging products and byproducts and

comprehensive utilization of resources. In this way, environmentally friendliness and optimal utilization of resources,

energy and raw materials can be achieved

High demand for resources and energy

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19

• China started to initiate an array of chemical projects and was in urgent need of advanced technologies and equipment from MNCs

Exploration Emerging Adapting Expanding

Chemical FOEs in China need to know how/where to capture the opportunities…

• MNCs swarmed to China and established representative offices in Beijing, Shanghai and Shenzhen

• Expanded by imports

• Started investment

companies and sales

hubs

• More JV companies

emerged

• China and US reached

an agreement on China’s

accession to the WTO at

the end of 1999

• MNCs invested more heavily in China and made China part of their global operation network

• Started to move AP headquarters into China

• Greenfield projects

FDI CAGR

40%

FDI CAGR 3-4% FDI CAGR 7-

8%

FDI CAGR n/a

• Bayer（1958）• Shell

• ExxonMobil

• BP

…

• Chevron

• TOTAL

• BASF

• DUPONT

• AkzoNobel

• ECOLAB

• 3M

…

• Solvay

• NALCO

• LG Chem

• Mitsubishi

• Mitsui Chemicals

• EASTMAN

• ARKEMA

• MERCK…

• SK

• SABIC

• Lyondellbasell

• TORAY

• EVONIK

• AsahiKASEI

• Hanwha

• Lubrizol…


Upgrading

• Rebuilding core

competency

• R&D

• More active M&A

FDI CAGR 7-8%

• DuPont• Lanxess• Covestro• Air Products• BASF • …..

1972-1982 1983-1992 1993-1999 2000-2015 2016-2020

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From 2019 onward, China’s Chemical Industrial Parks will

face stricter standards

© 2019 CNCIC Consulting. All rights reserved 20Hainan

Shaanxi

Ningxia

SichuanHubei

HunanJiangxi

Fujian

Anhui

Jiangsu

Zhenjiang

Tianjin

Beijing

Xinjiang

Tibet

Qinghai

Gansu Inner Mongolia

Shanxi

Yunnan

Liaoning

Jilin

Heilongjiang

Shandong

GuangdongGuangxi

Guizhou

Henan

Hebei

Regions for no expansion projects

Number of parks will greatly reduced

● Chemical parks are only allowed in certain areas

● Major number of chemical park reduction will occur in Jiangsu and Shandong province

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The main development mode in the Yangtze River Delta Economic Belt in next few

years is to use innovation to upgrade core competitiveness of leading sectors

Changes of key sectors in major regions of Yangtze River Delta Economic Belt

• In emerging sectors, the intensified innovation of commercial modes such as customized service,

added value and solution scheme will mainly be used to develop new businesses like internet

finance, cross-border electronic commerce and supply logistics.

Shanghai

Zhejiang

Anhui

Jiangsu

Key industries: information, bio-

pharmaceutical, new materials, high-

end equipment manufacturing, etc.

Transformation objectives: to

enhance the strength of strategic

emerging industries, and be up to

advanced world standards in a number

of areas

Key industries：advanced manufacturing industry, etc.Transformation objective: to reduce the economy's dependence on heavy chemicals, real estate, labor-intensive industries and investment

Key Industries to be developed:

electronic information, high-end

equipment manufacturing, automobile,

bio-pharmaceutical, new materials, new

energy, etc.

Transformation objectives: strategic

emerging industries, advanced

manufacturing industry, modern service

industries. By 2020, the added value of

manufacturing industry will account for

40% of the region's GDP.

Key industries: advanced manufacturing and modern service industry, modern agriculture, etc.Transformation objectives: the added value of information economy, finance, high-end equipment manufacturing and new materials sectors shall increase by more than 10% annually

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Areas of opportunities

Three examples of opportunities

• There will be a time windows between competitors in midstream and downstream vanishing and

local enterprises having breakthrough in technological upgrades

Advanced materials• China is upgrading electronic information, equipment manufacturing and new energy

sectors so as to generate a strong demand of advanced materials. Foreign enterprises of advanced materials or related specialty chemicals will have sound development opportunities in next 5-10

• Moreover, foreign enterprises of materials mostly have upstream/downstream integration and impacts from the price rise of raw materials are quite small. Profit increase will become commonplace to them in future

Coatings/fine chemicals• The replacement by water-based coatings will get faster and faster. Infrastructure

construction and equipment manufacturing will also generate more demands.• Compared with most local enterprises, advantages in bargaining ability and R&D will enable

foreign enterprises to better cope with challenges from the raw material cost increase. They will therefore get more opportunities for the growth in sales volume and profit

Environmental protection• Water treatment chemicals will without doubt gain a prosperous market in future.

Coagulants and water treatment membranes will make the fastest growth.• In water treatment membranes, foreign enterprises will continue to keep their leading

market position on strength of advantages in technology

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