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Petrifaction

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威腾电气集团股份有限公司During the 13th five-year plan period, driven by the steady promotion of new-type urbanization and consumption upgrading, the market demand for petrochemical and chemical products will still maintain rapid growth.During the 13th five-year plan period, the added value of the petrochemical and chemical industries increased by 8% annually on average, and the sales profit margin increased slightly, reaching 4.9% in 2020.

In 2015 China's urbanization rate is about 56%, to 2020 is expected to more than 60%, more than 50 million people from rural to urban, new urbanization and consumption upgrade will greatly drive infrastructure and supporting the construction investment, promoting energy, building materials, household appliances, food, clothing, vehicles, and the increasing demand for commodities, and then pull the petrochemical chemical products demand continues to grow。

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