当前，我国石化行业转型升级缓滞，收入虽然增长但利润恢复较慢。综合国内外经济环境及行业数据分析，笔者认为当前化工行业可能已经触底，预计下半年行业经济维持低速增长但也正逐步转向健康均衡发展，市场资金的流动速度不会很快，市场的活跃度整体上将不容乐观。农药、电子化学品、磷矿石、改性塑料、染料油墨、轮胎、天然气、日化、炸药等细分行业具备战略性投资的机会，值得关注。

报告从战略性分析、环境信息、竞争对手情报、资讯信息快报、市场行情与数据分析等几个方面进行了分析评论。

CPCIF updated its predictions on China’s petroleum and chemical industry. Projection of main business revenue growth in Jan-Sep is dropped to 10% YOY from the previous 10.5% YOY. And the forecast for the total profit growth is the same as 12.5% YOY. Supply deficit of raw material ethylene oxide caused the low capacity utilization rate in the ethanolamine production in China. In 2012 China had 560 000 t/a capacity of ethanolamines. China’s building coatings output grew 18.1% YoY during 2000-2012. China produced 4.16 million tons of building coatings in 2012, up 20.4% YOY.

The total refining capacity in China is expected to reach around 680 million t/a by 2015. Around 15 new and expansion refining projects with a capacity of over 10 million t/a are in progress in PetroChina, Sinopec and CNOOC.The newly added BDO capacity in the world is concentrated mainly in Asia, especially China. It is expected China’s total capacity of BDO to reach more than 2.8 million t/a in the next five years.Output of plastic pipe in China is forecast to reach more than 13.20 million tons by 2015, growing around 10% YoY over recent three years. The plastic pipe’s market share would be over 50% in the whole pipe market.

概述了聚碳酸酯（PC）的生产技术现状及其进展，并对主要PC生产工艺（界面缩聚工艺；SABIC、Bayer、三菱化成和旭化成-奇美熔融聚合工艺；异山梨醇工艺）进行了生产成本评估。

HA is a naturally occurring substance found in synovial fluid. Viscosupplementation is a procedure in which HA is injected into the joints. HA acts as a lubricant during the joints' movement reducing the friction between them. The HA supplements keep the joints hydrated. HA deficiency can disturb nutrient flow in the body that leads to poor tissue health, slow healing, and joint and muscle deterioration. OA is primarily caused due to wear and tear of the cartilage. Externally injected HA aids in the maintenance of the soft tissue function, such as joint support, and also in the treatment of OA.

Renewable Chemicals are chemicals that are produced in a sustainable way using renewable feedstock materials, such as biomass derived from crops and agricultural waste. The growth of this market is driven by the fact that traditional chemicals obtained from petroleum-based feedstock can be replaced by renewable chemicals in an environmentally sustainable way. The global rise in demand for eco-friendly, bio-based products have resulted in increased demand for renewable chemicals.

2013年3季度，国家相关部门陆续出台的一系列政策将对我国石化行业发展带来重要影响。在产业发展、调控及准入政策方面，国务院办公厅发布政策扶持煤层气开采利用；国家安全监管总局发布指导意见加强化工过程安全管理、进一步推动不具备安全生产条件的小化工企业关闭工作；发布规定加强化工（危险化学品）企业生产安全保障。在价格管理方面，国家发改委适时调整成品油价格，确保市场平稳健康运行；发布油品质量升级价格政策，加快推进我国油品质量升级步伐。对外贸易方面，商务部继续实施反倾销措施间接保护国内化工产品市场。