Approval has been granted at a recent meeting of the Chinese State Councils standing committee for China's middle and long-term programs for oil refining and ethylene industry.
China's refining and ethylene industries are important fundamental elements as they are feedstock providers to the ever increasing oil and petrochem industries. They are expected to
Attach more emphasis on optimization of industrial structure
Set a stricter access for future participators
Develop new technologies related to energy-saving and consumption reduction
Develop innovative measures to speed up the localization and industrialization of equipment for the industries
The program outlines further development of the country's oil refining and ethylene industries in the next 5-10 years.
24-Jan-06 
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