Recently, nine departments, including the Ministry of Industry and Information Technology and the National Development and Reform Commission, jointly issued the implementation Plan for Innovation and Development of Fine Chemical Industry (2024-2027), which will guide the high-end, green and intelligent development of fine chemical industry. to provide a solid foundation for promoting a new type of industrialization and building a manufacturing power.

   's "implementation Plan" proposes that by 2027, China will cultivate more than 5 world-class enterprises with strong ability of innovation leadership and collaborative integration, cultivate more than 500 specialized and special new "little giant" enterprises, and create more than 20 chemical parks dominated by fine chemicals and with strong competitive advantages. Guide local governments to focus on leading industries to extend the chain and complement the strong chain, to create characteristic industrial clusters, and to build an industrial pattern with complementary advantages.

The scale of    industry ranks first in the world

   fine chemicals usually refer to fine chemicals and new chemical materials, including medicine, pesticides, dyes, paints, pigments, food and feed additives, etc. Experts say that the fine chemical technology has a high threshold and a large industrial correlation, which is one of the most dynamic emerging fields in the chemical industry today.

   China's fine chemical industry has advantages. In terms of scale, China's fine chemical industry (excluding medicine) accounts for nearly 50% of the global revenue, which has been in the first place for many years, and can produce more than 30,000 kinds of fine chemicals. The output of pesticides, dyes, paints, pigments, food and feed additives ranks first in the world. From the perspective of industrial chain, backbone enterprises already have strong competitiveness in the fields of polyurethane and fluorine chemical industry, and more than a thousand specialized "little giant" enterprises are deeply cultivated in subdivision fields; more than 400 chemical parks have taken fine chemical industry as the leading industry. a number of fine chemical characteristic industrial clusters have been formed.

Li Bin, vice president of the    China Petroleum and Chemical Industry Federation, said that fine chemicals are technology-intensive industries with strong comprehensiveness and are one of the most dynamic fields in the chemical industry today. The development of fine chemical industry has become the strategic focus of countries all over the world to adjust the structure of chemical industry and promote the high-end development of chemical industry.

   experts said that at present, the development of the fine chemical industry is facing problems such as low investment in R & D, weak foundation of technology and equipment, supply capacity of high-end products to be improved, great pressure on safety and environmental protection, lack of coordination between upstream and downstream, and so on, which restrict the high-quality development of the industry. At present, China's fine chemical products are mainly concentrated in middle and low-end fields, mainly raw materials and general-purpose products, while high-end scientific research reagents, high-performance catalysts, special surfactants, high-performance resins and other high-end products are in short supply. The fine chemical industry urgently needs to focus on the supply chain demand of the key industrial chain, take the extended chain strong chain as the direction, strengthen the technological efforts to tackle key problems, make up for the shortcomings of the industrial chain, and enhance the competitiveness of superior products.

     promotes Industrial extension chain, complement chain and strong chain

     in view of the above problems, the "implementation plan" puts forward three measures: the first is to promote the extension of traditional industries; the second is to speed up the research of key products; and the third is to promote the quality of superior products. Promote paints, dyes, fluorosilicon organic materials and other industries with comparative advantages to implement the "three products" action, vigorously develop service-oriented manufacturing, and provide customized, functional, specialized and serialized products and services.

     data show that at present, the admission rate of China's fine chemical enterprises is less than 50%, the leading industrial characteristics of some chemical parks are not distinct, the relevance of the industrial chain supply chain among enterprises in the park is not strong, and the homogenization competition is serious, which fails to give full play to the park's functions of promoting enterprise coordination, industrial coupling, reducing cost and increasing efficiency. The industry layout is heavy in the east and light in the west, while the eastern coastal provinces occupy a dominant position, while the foundation of fine chemical industry in the central and western regions is relatively weak, and the regional development is uneven.

     is to accelerate the improvement of the development quality of chemical parks, guide industrial transfer in an orderly manner, and promote regional division of labor and cooperation and coordinated development. The "implementation Plan" is clear, organizing and carrying out activities such as the transfer and docking of the chemical industry, guiding local scientific planning to extend the fine chemical industry chain, and promoting the building of fine chemical industry clusters in subdivided fields. to form an industrial development pattern with different characteristics and complementary advantages between the East, China and the West.

     focuses on the key points to promote the industrial extension chain, complement chain and strong chain. The "implementation plan" proposes to develop a number of high-end products, break through a number of key technologies, enhance the competitiveness of superior products, promote a number of green, safe, and intelligent advanced technologies, and build a number of parks with distinctive characteristics of leading industries and leading factor benefits. Strengthen coordination and optimize the innovation system and industrial layout. Layout fine chemical innovation platform, improve the innovation system; expand leading enterprises, cultivate small and medium-sized enterprises, stimulate collaborative innovation vitality; guide local focus on leading industries to extend the chain to complement the strong chain, create characteristic industrial clusters, and build an industrial pattern with complementary advantages.

    -related enterprises accelerate transformation and upgrading

     is facing new development opportunities and challenges, and related enterprises in the fine chemical industry are accelerating their transformation and upgrading. Sinochem holding Co., Ltd. (Sinochem), as a leading comprehensive chemical enterprise, will give full play to its advantages in the field of new chemical materials such as fluorine and silicon, centering on the needs of new energy, electronic information, transportation and other high-end application fields. we will continue to step up efforts in tackling key scientific and technological problems, and speed up the R & D layout of key products in fluorosilicon materials and products, high-performance fibers, electronic chemicals and other fields. At the same time, Sinochem will speed up the implementation of security, green, intelligent technological transformation, enhance the digital level, and promote the green and low-carbon development of the industry.

     Zhejiang Longsheng, as a leading enterprise in the dye industry, accounts for about 21% of the global market share. While accelerating the digital empowerment, carbon reduction and greening of mature industries such as dyes, the company focuses on new projects such as electronic grade resins, polyimide varnishes, ultraviolet absorbers and phenolic molding plastics to tackle key technical problems, so as to improve the supply capacity of key products in China's electronic chemicals, high-performance film materials, high-end rubber and plastic auxiliaries and other fields.

     Bond Co., Ltd. ploughed into the field of fine chemical polymer materials environmental protection auxiliaries, formed a product system with Sike, titanate, DBM/SBM, acetylacetone salt series as the core, and established long-term and stable cooperative relations with global well-known enterprises such as Alentas Group, Balroch Group, Reagens Group and so on. The company firmly occupies a leading position in the field of major product segments. With the continuous substitution of environmental protection auxiliaries for non-environmental protection auxiliaries, the company will further expand its market share.

    The Qianji Investment Bank research report shows that the fine chemical industry has broad future development prospects. As global technology continues to advance, the fine chemical industry needs to strengthen innovation and enhance competitiveness. Source: China Securities Journal