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Zibo City, located in Shandong Province, is home to a thriving chemical industry that has become the backbone of its economy. Over recent years, the sector has experienced rapid growth, with annual industrial output and sales revenue increasing by approximately 30 billion yuan. By 2006, these figures had surpassed 130 billion yuan. The chemical industry contributes significantly to the city's industrial value-added, profits, and tax revenues, accounting for about one-third of the total. Therefore, maintaining a healthy development trajectory for this sector is crucial for the future economic growth of Zibo.
The chemical industry in Zibo spans multiple fields, including petroleum refining, organic and inorganic chemicals, fertilizers, synthetic resins, plastics, synthetic fibers, rubber, paints, pesticides, pharmaceuticals, and specialty chemicals. With over 4,000 product varieties, it covers more than a dozen sub-sectors such as chemical machinery and equipment. Key areas like petrochemicals, pharmaceutical intermediates, and agricultural chemicals have reached large-scale production. The industry ranks second in the province in terms of total economic output and leads in competitiveness.
One of the main strengths of Zibo’s chemical industry lies in its strong backbone enterprises. Companies such as Qilu Petrochemical, Xinhua Pharmaceutical, Dacheng Chemical, Jincheng Petrochemical, and Dongyue Group are among the top national enterprises. Several of them are listed among the top 100 chemical companies in China. Additionally, the city has numerous enterprises included in provincial key industrial groups, with a significant portion being chemical-related.
Another advantage is the industry’s product diversity and potential for chain extension. Zibo possesses abundant basic chemical raw materials, with several products holding major market shares nationally. For example, the city has one of the largest DOP (di-octyl phthalate) production bases in Asia, along with significant capacities in ethylene, chlor-alkali, refrigerants, and other key materials. These advantages provide ample opportunities for further industrial expansion.
Looking ahead, Zibo should focus on developing petrochemicals, fine chemicals, and new chemical materials. The petrochemical sector will continue to expand around Qilu Petrochemical’s core products, while fine chemicals will emphasize environmentally friendly and high-performance products. New materials, including advanced polymers, nanomaterials, and inorganic compounds, will also be key areas of investment.
To support this growth, the city needs to implement stronger industrial policies, conduct thorough market research, and ensure strategic planning. It should also encourage the development of key enterprises, improve infrastructure, and establish a first-class chemical market and logistics hub. By leveraging its existing strengths and investing in innovation, Zibo can solidify its position as a leading chemical hub in China.