USEUROPEAFRICAASIA 中文双语Français
Home / Youth

Bright prospects ahead for petrochemical firms

By Wan Zhihong | China Daily | Updated: 2010-01-29 08:07

The country's petrochemical industry may see a 13 to 15 percent year-on-year growth in turnover this year, thanks to the economic recovery, an industry association said yesterday.

Full-year profit for the sector will rise 8 to 10 percent, according to China Petroleum & Chemical Industry Association (CPCIA).

"The solid rebound in the petrochemical industry is mainly due to the economic recovery," said Feng Shiliang, deputy secretary of CPCIA. With forecasts indicating a robust industrial recovery, the petrochemical industry is all set to achieve the target, he said.

Bright prospects ahead for petrochemical firms

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US