Strategic plans for Nanjing’s petrochemical industry are to:
Accelerate the regulation, rectification, transformation, and upgrade of the petrochemical industry, develop a new chemical industry that incorporates advanced technologies, energy conservation, environmental friendliness and a well-rounded economy in pursuance of Green Chemical Industry requirements.
Support the implementation of projects for energy conservation, emissions reduction, “clean” production processes, and green chemical products, and establish a world-class ecological chemical industry park for chemical production, R&D, and logistics at the Nanjing Chemical Industry Park.
Improve the scale and strengths of the oil refinery and ethylene industries and develop a national-level fundamental chemical industry base for producing oil, ethylene, new chemical materials, and acetic acid.
Focus on the development of feature industries such as new chemical materials, high-end fine chemicals, and life science.
Currently, with 397 petrochemical enterprises above designated scale, the city ranks No. 1 in production capacity for products such as aromatic hydrocarbons, alkylbenzene, caprolactam, and acetic acid, and No. 2 in terms oil refinery capacity and ethylene production capacity.
By 2015, the sales revenue of the chemical industry is expected to reach USD 67 billion.