2004年世界和中国石化工业综述

Overview of the Global and Chinese Petrochemical Industry in 2004

2004年,全球石油石化工业景气回升,产品需求快速上涨,跨国石油石化公司利润大幅度增加;乙烯产能继续小幅度增加,亚洲成为世界乙烯产能增长最多的地区;世界石化生产基地明显向中东地区偏移,东南亚地区的投资稳步推进;沙特基础工业公司(Sabic)有望成为世界石化巨头之一;并购活动扩展到更多的战略投资者、金融投资者和私有资本投资者,跨国石油公司趋向全球巨型并购。2004年,我国石化产品消费量持续稳步增长;主要石化产品产量和主要进口指标再次刷新记录;乙烯装置建设投资高涨,新增产能39万吨;国外石化产业加速向中国转移,民营企业快速发展,石化行业形成投资主体多元化格局;出口退税减免政策使出口依赖型企业景气受阻;生物质深加工已具备一定规模,也取得可喜的进展。在良好的内外部经济环境下,2005年,我国石化行业将持续快速发展,石化产品产量继续上升,产品进口增幅减缓,石化产品需求依旧强劲增长,石化行业增长速度估计略低于2004年。

Growth dominated the landscape of the global petrochemical industry in 2004, primarily characterized by the robust increase in the demand for oil products, huge hikes in the profits of multinational oil companies, continued moderate increase in the ethane production capacity (Asia registered the biggest increase in the ethane production throughout the world), concentration of the global petrochemical production towards the Middle East area, steady investment in the Southeast Asia region, emergence of Sabic as one of the world's biggest petrochemical companies, the involvement of more strategic investors, financial investors and private investors in the M&A activities, and the increase in the extent of M&A by multinational oil companies. In 2004, China scored sustained growth in the consumption of petrochemical products, with new records set in the production and major import indicators; noted increase was achieved in the investment in the construction of ethane facilities, with 390,000 tons of new production capacity added to the existing one; foreign petrochemical producers' accelerated penetration of the Chinese market, coupled with robust growth of private companies, resulted in diversified market players within the Chinese petrochemical industry; the policies of export tariff reduction/exemption lowered the risks for export- dependent companies; great breakthroughs were registered in the biomass deep-processing. Under the favorable internal and external economic environment, the Chinese petrochemical industry will keep moving down the path of sustained and robust development, with continued increase to be registered in the petrochemical production and demand for such products, but the growth rate of the entire sector might be lower than that of 2004.