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Shaanxi's energy and chemical industry operated stably in the first half of this year

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August 2, 2024, 9:26 AM

Recently, it was learned from the Shaanxi Province Department of Industry and Information Technology that in the first half of the year, economic indicators such as the total output value and industrial added value of the province's energy and chemical industry increased and decreased compared with the same period last year, and the overall situation showed a stable operation trend.

    Statistics show that in the first half of the year, the total industrial output value of Shaanxi's energy industry increased slightly year-on-year, and the chemical industry increased significantly. Among them, the oil and natural gas exploration industry, petroleum, coal and other fuel processing industry, chemical raw materials and chemical products manufacturing industry, chemical fiber manufacturing industry, rubber and plastic products industry increased by 3.4%, 3.4%, 7.2%, 9.7% and 3.2%, respectively.

     In terms of industrial added value, the coal mining and washing industry, petroleum, coal and other fuel processing industry, chemical raw materials and chemical products manufacturing industry, chemical fiber manufacturing industry, and rubber and plastic products industry increased by 12.9%, 9.3%, and 1.9%, respectively year-on-year., 4.2% and 10.3%, while the oil and natural gas extraction industry fell by 2.8%.

    In the first quarter, the output of major products in Shaanxi's petrochemical industry increased and decreased. The output of natural gas, crude oil processing volume, sulfuric acid, methanol, rubber tire casings, etc. maintained growth, among which the output of crude oil processing volume, methanol, and rubber tire casings increased by 15.2%, 13.6% and 28.1% respectively. The output of crude oil, calcium carbide, synthetic ammonia, etc. declined.

    In terms of efficiency, the total profits of the energy sector fell year-on-year, and the profits of the chemical industry were polarized. Among them, the total profits of the coal mining and washing industry, petroleum, coal and other fuel processing industry in the first five months fell by 25.9% and 39.6% respectively, while the chemical raw materials and chemical products manufacturing industry increased by 159.3%, while the chemical fiber manufacturing industry, rubber and plastic products industry fell by 20% and 14% respectively year-on-year.

    Shaanxi's large energy and chemical enterprises continued to improve the quality of economic operations in the first half of the year, achieving "more than half of the time and task". Among them, Shaanxi Coal Group achieved operating income of 263.6 billion yuan and profit of 22.2 billion yuan, year-on-year increases of 0.5% and 8.9% respectively; Yanchang Petroleum Group achieved operating income of 199.5 billion yuan and profit of 7.3 billion yuan, year-on-year increases of 0.45% and 32% respectively. Source: China Chemical News