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In 2007, crude oil processing volume in Shandong Province reached 39.36 million tons and ethylene production was 860,000 tons. The output of nine major products such as tires, caustic soda, and chemical fertilizer ranks first in China. The main business revenues of the four competitive industries of petrochemicals, specialty chemicals, rubber processing, and chemical fertilizers accounted for 71.8% of the industry, an increase of 2.4 percentage points over the previous year.
Shandong's chemical industry ranks first in the national chemical industry
A few days ago, we learned from the meeting of Shandong Province's chemical industry work conference that 3789 chemical companies above designated size in Shandong Province achieved a total industrial value increase of 272.9 billion yuan, a year-on-year increase of 17.9%, and a main business income of 858.7 billion yuan, a year-on-year increase of 27.5. %. The province's chemical industry's total economic volume ranks first in the national chemical industry.