Signals Underlying China's Refining & Petrochemical Stimulus Package 2009-2011
—— Petrochemical Industry to Forge Ahead amid Rigid Demands
Government Policy Orientation
Medium-to-Long Term Purposes:
Economic Periodical Adjustments
Industrial Expansions
Industrial Restructuring
Technology Upgrading
Short Term Impacts:
Pushing Ahead with Existing Projects
Anti-Dumping for Fertilizer Sector
Solid Petrochemical Demands Ahead
Rigid Demands from Economy to Sustain
Crude Throughput & Products Outputs to Step Up
Ethylene Capacity to Grow
Aromatics & Methanol Sectors to Boom
Petrochemical Industrial Bases towards Full-Fledged Layout
Abuilding Projects in 2009-2011
Expected Refining & Petrochemical Clusters beyond 2011
Domestic Refinery Operations Trend
Fertilizer Industry Accelerating Growth
Boosting Output of Potassium Fertilizer to Enhance Supply of Agriculture Materials
Optimizing Fertilizer Industrial Layout to Cut Production Costs
Regulating Fertilizer Exports
Low-Efficient Petrochemical Units under Washing-Out Threat
Refineries Likely to be Weeded Out before 2011
Feedstock Demand by Low-Efficient Independent Refineries amid Policy Discrimination
Petrochemical Products Pricing in Further Progress
Conjecture of Distillates Products Pricing Mechanism
Balance of Interests between Producers and Consumers
What to Come After Crude-Cost Formula?
Crude/Distillates/Fertilizer Reserves Construction on Agenda
Petroleum Reserve System – State Strategic Reserves vs. Commercial Reserves
Regulations on Petroleum Reserve
China's Petroleum Reserve Center
Chances for Private and Foreign Investments
Fertilizer Reserve System
Upgrading of Fuel Specifications behind Schedule
Obstacles for Upgrading of Gasoline Specs
Gasoil Specs Upgrading to Delay by One Year
Domestic Refining Capacities to Back Up the Upgrading
Adjustments in Coal-Chemical Industry
Phasing Out Low-Efficient Capacities
Reining-in Blind Investments
Meeting Environment Requirements and Tackling Economic Meltdown
