China Drying Newsletter The Nanjing Energy Conservation Monitoring Center recently revealed that the city plans to control the production capacity of the petrochemical industry in the next few years and reduce its proportion in the city's industry, in order to receive a significant effect of saving energy and reducing consumption. In 2011, the coal-fired capacity of Nanjing's petrochemical industry was 6.26 million tons, accounting for 18.1% of the city's total. Nanjing required that the total energy consumption of the petrochemical industry be reduced by 10% by 2015. At present, the annual processing capacity of crude oil in the Nanjing petrochemical industry is approximately 20 million tons. The city requires that this scale be controlled within 30 million tons by the end of the “Twelfth Five-Year Plan†period, and at the same time encourage relevant companies to extend the industrial chain and increase the added value of products in order to reduce Product volume.
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