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Analysis On The Overall Development Status And Future Development Prospect Of China's Refining Industry And Refining Catalyst Industry In 2018
May 25, 2018

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Refining industry overall situation

Petroleum refining is the crude oil cracking, such as to conform to the internal combustion engine using kerosene, gasoline, diesel oil, heavy oil and other fuels, and production of chemical raw materials, such as olefins, aromatics production process, such as oil refining industry and national economy development is very close, regardless of industry, agriculture, transportation and national defense construction is inseparable from the petroleum products.

Oil refining industry development in our country has three stages: the first stage, from 1863 the first import kerosene, to the oil supply in 1963, the second phase, from the early 1960 s to 90 s, China's refining industry on the scale of production capacity and technology are a huge leap, enter the world petroleum refining power;

The third stage, that is, from the beginning of the 21st century to around 2020, is to realize the transition from a refining power to a refining power.

With the rapid development of economic and social, our country crude oil consumption showed a trend of rapid growth for a long time, the average annual consumption from 1965 tonnes in 011 million to 2016 tonnes in 541 million, an average annual compound growth rate of 7.95%;

Since the beginning of the 21st century, although the growth rate of demand has decreased, it remains at a relatively high level. In 2016, oil consumption is 2.53 times that of 2001, and the annual compound growth rate is still over 6.39 percent.

China's crude oil consumption has steadily increased since the beginning of the 21st century.

In 2016, there were 1,397 enterprises above the crude oil processing industry in China, with an operating income of 2.88 trillion yuan and a total profit of 170.36 billion yuan.

According to the report, China will overtake the United States to become the world's largest oil consumer by about 2030.