In 2020, China's added value of chemical industry increased by 3.4% year on year

According to the data released by the national development and Reform Commission of China on February 26, in 2020, the added value of the chemical industry increased by 3.4% year on year, and the growth rate dropped by 1.4 percentage points year on year.

Among the main products, Ethylene output was 21.6 million tons, up 4.9% year on year. The output of plastics in primary form was 103.55 million tons, an increase of 7%; the output of synthetic rubber was 7.4 million tons, an increase of 0.5%; the output of synthetic fiber was 56.34 million tons, an increase of 3.8%. The output of Caustic Soda was 36.43 million tons, an increase of 5.7%; the output of Soda was 28.12 million tons, a decrease of 2.9%. The output of chemical fertilizer decreased by 0.9% to 53.96 million tons, of which nitrogen fertilizer increased by 2.7%, phosphorus fertilizer decreased by 6.9% and potassium fertilizer decreased by 7%. The output of pesticides was 2.15 million tons, down 1.1%. The output of rubber tire casing was 818.48 million, an increase of 1.7%. The output of calcium carbide was 27.92 million tons, an increase of 4.5%.