Petroleum and Petrochemical Equipment Industry Accelerates "Green Transformation"

Su Bo, vice minister of the Ministry of Industry and Information Technology, told the media recently that this year we must vigorously develop the new energy equipment industry and related supporting technologies and equipment for energy equipment manufacturing, and accelerate the promotion of green and low-carbon development of energy equipment. Under the stimulation of high oil prices, the petroleum equipment industry has become one of the hottest industries in the world.

According to statistics, during the "11th Five-Year Plan" period, the number of enterprises above designated size in China's oil and petrochemical equipment manufacturing industry rapidly increased from 1,019 to 2,023, nearly doubling. The total assets of the industry rose from RMB 67.416 billion to RMB 200.56 billion. In the five years, the total industrial output value and industrial sales value of the industry have increased more than three times. The growth of new product output value, export delivery value, and total profit are more than double. However, overcapacity, unreasonable product structure and business development model, and low localization rate have become one of the major bottlenecks in the transformation and upgrading of China's oil and petrochemical equipment manufacturing industry.

According to reports, China’s petroleum and chemical industries currently account for about one-third of the world’s advanced technology equipment, domestic equipment for the domestic market to meet the rate of less than 60%, in the field of major technical equipment, this ratio is even lower, the industry’s high-end equipment and manufacturing Most of the technology depends on imports.

At present, China's oil and petrochemical equipment industry is still developing in an extensive and extended manner, relying mainly on investment and resource consumption, with high resource and energy consumption, large pollutant emissions, low output efficiency, and independent innovation capability. Strong structural conflicts and problems such as irrational industrial structure and overcapacity in some industries are still prominent.

Zhao Zhiming, chief consultant of the China Petroleum and Petrochemical Equipment Industry Association, said that during the “12th Five-Year Plan” period, the oil equipment industry must adhere to the strategic adjustment of economic structure as the main direction of accelerating the transformation of economic development methods, accelerate the development of energy-saving and environmental protection, and reduce emissions and consumption. New products.

On the other hand, the petroleum and petrochemical industry still has a lot of room for improvement in its technological level. This means that by strengthening technological innovation and technological innovation, it is expected to achieve the transition to green development of the petroleum and petrochemical equipment industry with the least resources, the lowest cost, and the least emissions.

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