Chemical equipment industry explores new opportunities

The 2014 meeting of the Chemical Equipment Expert Committee of the China Chemical Equipment Association recently held in Chengdu. More than 60 enterprises and institutions from the design, manufacture and installation of pressure vessels for domestic chemical equipment participated in the meeting. The meeting held that despite the current difficulties, the petrochemical industry is undergoing deepening adjustments, transformations, and upgrades, creating opportunities for the chemical equipment industry.
Zhang Sheng, President of China National Chemical Equipment Association, said that since the beginning of this year, the increase in investment in fixed assets of China's petrochemical industry has been significantly reduced, and new projects have been significantly reduced. Affected by this, the demand for chemical equipment across the country has decreased. Although the main business income of the entire industry has maintained a certain increase, the profit growth rate has been significantly reduced, the number of loss-making enterprises and the amount of losses have increased significantly, and the increase in the actual completion of fixed-asset investment has also dropped sharply. Equipment manufacturing projects have been significantly reduced.
Zhang Sheng said that although the immediate difficulties are great, the petrochemical industry is deepening the adjustment and transformation and upgrading, which will have a profound impact on the chemical equipment industry. The industry must seize the opportunity to strengthen scientific and technological innovation, increase the research of independent core technologies and the development of high-efficiency, energy-saving, and environmental protection new products, and provide solid technical equipment support for the transformation and upgrading of the petrochemical industry. Enterprises must carefully adjust and formulate their own development plans.
At the meeting, Sichuan Bluestar Machinery Co., Ltd., Shandong Weihai Chemical Machinery Co., Ltd., Lanzhou Lanshi Machinery Equipment Co., Ltd., and AVIC Liming Jinxi Chemical Machinery (Group) Co., Ltd. introduced their respective adjustment structures, technological innovations, and management innovations. Experience. Among them, Sichuan Bluestar Machinery has promoted the transformation and upgrading of enterprises in the fields of traditional chemical industry, coal chemical industry, petrochemical industry and natural gas chemical industry; Weihai Chemical Machinery has conducted technical cooperation with foreign counterparts from Japan and the United States, and is committed to advanced explosive composite steel plate technology research and product development. The production and sales of products are in a contrarian direction.

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