China's petrochemical equipment manufacturing industry showed signs of recovery

The China Petroleum and Petrochemical Equipment Industry Association stated that since 2009, under the guidance of a number of national policies for expanding domestic demand and maintaining growth, China's petroleum and petrochemical equipment manufacturing industries have been affected by the financial crisis, but the first five months have passed. The economic operation situation has gradually begun to pick up. It is currently in an upward trend, but the growth rate has slowed down from the previous year.
According to statistics, from January to May of 2009, China's petroleum and petrochemical equipment industry completed an industrial output value of 80.288 billion yuan, an increase of 25.5%; completed industrial output value of 75.121 billion yuan, an increase of 28.35%; completed new product output value of 9.008 billion yuan , an increase of 29.66% year-on-year; completed export delivery value of 6.731 billion yuan, a year-on-year decrease of 2.26%.
Among them, the oil drilling equipment manufacturing industry in the first five months to complete the industrial output value of 47.119 billion yuan, an increase of 31.95%; completed industrial sales value of 43.466 billion yuan, an increase of 34.04%; completed new product output value of 6.322 billion yuan, an increase of 30.89 %; Finished export delivery value of 4.948 billion yuan, an increase of 5.6%.
In the first five months, the refinery equipment manufacturing industry completed 16.33 billion yuan in industrial output value, an increase of 19.81% year-on-year; industrial output value was 15.604 billion yuan, an increase of 22% year-on-year; and the new product output value was 1.859 billion yuan, an increase of 50.9% year-on-year; The value of export delivery was 909 million yuan, a year-on-year increase of 13.7%.
Metal pressure vessel equipment manufacturing industry in the first five months to complete the industrial output value of 16.866 billion yuan, an increase of 15.14%; completed industrial sales value of 16.057 billion yuan, an increase of 20.61%; completed new product output value of 827 million yuan, a year-on-year drop of 6.58%; The value of export delivery was 874 million yuan, a year-on-year decrease of 20.39%.
It is not difficult to see from the statistics that, since 2009, the cumulative new product output value and export delivery value of the metal pressure vessel manufacturing industry have decreased significantly compared with the same period of 2008, and the cumulative export delivery value has dropped by 20.39%. The chemical industry is affected by the financial crisis, especially the demand for new products is not strong, which has an adverse impact on the development of new products in the industry.
In addition, in the first five months of 2009, the total assets of companies above designated size in the industry totaled 158.123 billion yuan, an increase of 22.53% year-on-year; sales revenue was 68.961 billion yuan, an increase of 27.53% year-on-year; product sales costs were 58.137 billion yuan, an increase of 29.02%; The total profit was 3.892 billion yuan, a year-on-year increase of 10.5%.