Over 40 Million Tons Of Production Capacity Of Ethylene, PX, PTA, Etc. Will Be Affected

Aug 21, 2023

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    Under the influence of the double typhoon, production and life in North China have been greatly affected. The three northeastern provinces are important oil production and chemical industry bases in my country. The typhoon will also have a big impact on the chemical market.

    According to public information, the three eastern provinces are rich in oil and gas resources and have a complete industrial system, forming multiple large-scale petrochemical industry bases such as Dalian Changxing Island (Xizhong Island), Panjin Liaodong Bay, and Daqing.

    Among them, Heilongjiang relies on Daqing Oilfield to provide basic raw material guarantee for the development of downstream industries; Liaoning has the advantage of a good natural port, and its crude oil processing capacity ranks second in the country, and its ethylene, PX, and PTA production capacity ranks first in the country.

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