Shandong: Advanced petrochemical production capacity accounts for over 40%; efforts are being made to get three major projects approved within this year

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It was learned from a press conference held by the Information Office of the Shandong Provincial Government on March 20 that advanced production capacity accounts for over 40% in Shandong’s petrochemical industry, with efforts being made to get approval this year for the 15 million-ton integrated refining and chemical processing project at Dongming Petrochemical, the upstream and downstream facilities related to PX production at Dongying Port, and the projects aimed at expanding the PX industry chain on Yulong Island. 　　In recent years, Shandong has devised and implemented strategic initiatives for its industrial economy, striving to build a strong province in advanced manufacturing on a high standard. The industrial sector there has continued to strengthen; in 2024, the value added of industrial enterprises above a certain size increased by 8.3%, which is 2.5 percentage points higher than the national average. The revenue of such enterprises reached nearly 12 trillion yuan, placing Shandong among the top tier of provinces in China ； The output value of high-tech industries accounted for 53.32%, the energy consumption intensity per unit of added value in industrial enterprises above a certain size decreased by 7.4%, while industrial investment and investment in industrial technological upgrades increased by 14.7% and 10% respectively. 　　By 2025, Shandong Province will make concerted efforts to advance the provincial key industrial and technology upgrading projects listed in the relevant catalogues, and continue to implement the “Thousand Projects, 100 Billion Yuan” plan, aiming to achieve an additional output value of 110 billion yuan in the first quarter and around 600 billion yuan for the whole year. Traditional industries should focus on improving quality and bringing about renewal, by accelerating efforts to update equipment and upgrade technologies. It is also necessary to continuously optimize the layout of key production facilities such as those in the steel and refining sectors, and to complete the tasks related to integrating and reducing coking capacity within the set time frames. Continue to carry out the “Ten Chains, Hundred Groups, Ten Thousand Enterprises” initiative, encourage more than 100,000 small and medium-sized enterprises to join these industrial chains, and strive to develop over 1,000 enterprises with specialized skills and unique characteristics, as well as around 300 enterprise champions and \"little giant\" enterprises. Four **manufacturing innovation centers will be established to high standards; around 200 provincial-level \"one enterprise, one technology\" R&D centers will be created. Over 200 R&D needs will be identified throughout the year, and more than 3,000 enterprise technological innovation projects will be carried out. Strive to ensure that key industries such as the petrochemical sector reach their peak levels in an orderly manner; carry out energy-saving inspections and diagnostics for enterprises; work to reduce the energy consumption per unit of added value in industrial enterprises. By the end of the year, 200 green factories at or above the provincial level and 15 industrial parks are to be established. 　　Traditional industries are the strength and potential for the industrial development of Shandong Province. Data shows that in key industries such as steel and petrochemicals in Shandong, the proportion of advanced production capacity exceeds 40%; in the industries classified as high-energy-consuming and high-emission industries, the proportion of production capacity that meets energy efficiency standards exceeds 35%, which is 5 percentage points higher than the target set for the 14th Five-Year Plan period. 　　Next, Shandong Province will continue to optimize the layout of key production sectors such as the petrochemical industry. Following the overall strategy of \"reducing volume, consolidating smaller units into larger ones, reducing oil production, increasing chemical processing, and extending industrial chains,\" the province will focus on implementing the projects related to Qilu Petrochemical, Lu You, and Lu Lian ； Strive to get the 15-million-ton petrochemical integration project at Dongming Petrochemical, the PX-related projects upstream and downstream at Dongying Port, and the PX industry chain expansion project on Yulong Island approved within this year; orderly promote the integration and relocation of local refining capacity, so as to establish a petrochemical industry development pattern featuring \"one base and two clusters\". 　　Shandong Province will continue to promote equipment upgrades in the industrial sector, striving to ensure that by 2027, advanced production capacity accounts for over 60% in key industries. 100 key provincial digital industry projects will be launched, focusing on sectors such as chemicals, non-ferrous metals, steel, and mining, to facilitate large-scale application in various scenarios. Strengthen the innovation and application of green technologies, releasing around 100 green and low-carbon technology achievements each year. Advance the construction of zero-carbon parks in an orderly manner, focus on around 15 provincial-level zero-carbon park pilots, and strive to become **pilots.