Petrochemical Industry

In 2024, the industrial added value of petrochemical enterprises above the designated size in Fujian Province grew by 7.5% year-on-year. Our province has 1,114 petrochemical enterprises above the designated size, generating a total revenue of RMB 538.04 billion. Fujian has now emerged as a major petrochemical hub in China. It boasts an annual production capacity of 45 million tons of oil refining, 5.9 million tons of ethylene, 5.4 million tons of paraxylene (PX), and 7 million tons of purified terephthalic acid (PTA). It leads the world in caprolactam production capacity, while its output of nylon and lithium hexafluorophosphate ranks among the highest globally and domestically. And it holds the fourth-largest ethylene production capacity in China.