How to promote the deep integration of the chemical fiber physical industry and the capital market

Jan 16, 2020  |  by CT
On January 10, the “China Polyester Industry Operation and Financial Institutions Exchange Conference (Liaoyang High-tech 2020)” was held in Beijing. The conference analyzed and reviewed the operation situation of the polyester industry in 2019, looked forward to the operation of the polyester industry in 2020, and introduced the integration process of chemical fiber leading enterprises and the latest results of industry development.
 
 



 
 
At the conference, He Yanli, the vice president of China Chemical Fiber Association, delivered a speech. She introduced the development achievements and future development trends of the polyester industry since the 13th Five-Year Plan. The pace of structural adjustment and transformation and upgrading of the polyester industry in China is continuously accelerating, and the level of differentiated and functional technologies is continuously improved. The products are more in line with the actual needs of downstream and continue to maintain the world’s leading position. In terms of technology innovation drive, China’s polyester industry continues to advance towards high-end technology; in terms of intelligent manufacturing, some backbone intelligent equipment applications have initially achieved “machine substitution”, and process control and manufacturing execution have achieved “intelligent linkage”. The system cooperates to achieve “precise transmission” of data, and the intelligent storage system realizes “unmanned operation”. In terms of green manufacturing, new progress has been made in the green manufacturing level of the polyester industry, and many companies have obtained green factories, green products, green supply chain and other titles; in terms of integration of refining and chemical, the integration of refining and chemicalization of chemical fiber polyester enterprises will accelerate in 2019. On the other hand, the refining equipment of polyester enterprises adopts the most advanced technology in the world, which promotes the improvement of the overall process equipment level of refining and chemical industry.
 

 
 
At the conference, Duan Yanling, secretary of the Communist Party Committee of Hongwei District of Liaoyang City and secretary of the Party Working Committee of Liaoyang High-tech Zone, introduced the main advantages of investing 2 million tons of para-xylene and PX deep processing projects. The development of downstream products provides ample supply of raw materials; a huge potential consumer market; ample supply of technology and human resources; a solid ecological red line; and a superior business environment.
 
Liaoyang City has made a clear and specific development plan for the industrial chain of the park, especially the downstream processing of PX products. It has issued a number of policies concerning “one case, one discussion”. First, in terms of land prices, it has great potential for development, strong driving capacity, for major projects with high technological content and fixed asset investment of more than 1 billion yuan, the method of “one case, one discussion” is adopted, and land transfer funds are supported through industrial development support funds and industrial development guidance funds. Secondly, in terms of financial policy, it will conduct in-depth matching with state-owned banks and investors on financial needs. In addition, the banks in the region also expressed their support for the project construction of investors. Thirdly, in terms of export tax rebates, Liaoyang Customs has promised to provide efficient and convenient services in the import and export business, including inspection and acceptance, inspection and quarantine, and issuance of certificates.

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2024.12   

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