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In the first quarter, the petrochemical industry continued its downward trend since the fourth quarter of last year, accumulatively achieving a total industrial output value of 2,456.7 billion yuan, and the growth rate continued to fall back to 16% from a new low of 22.1% in December last year. At the same time, the industrial added value increased by about 11% year-on-year, slightly lower than the growth rate of industrial added value above the national scale. Among them, the refining industry increased by 6% year-on-year, and the chemical industry increased by 13.3% year-on-year.

In the first quarter, the petrochemical industry production maintained a steady growth, of which crude processing volume was 114.91 million tons, an increase of 3.1%; refined oil 69.15 million tons, an increase of 5.5%; ethylene 3.92 million tons, basically the same as the same period; synthetic resin 12.53 million tons, The year-on-year increase of 9.3%; synthetic rubber 960,000 tons, an increase of 9.9%; chemical fertilizer 17.34 million tons, an increase of 17.5%; pesticides 840,000 tons, an increase of 20.3%; tires 19.752 million, an increase of 6.8%.

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