Experts hope for more co-op between Chinese mainland, Taiwan petrochemical industries

22:15, November 29, 2010      

Email | Print | Subscribe | Comments | Forum 

Experts and industry insiders have called for more cooperation in the petrochemical industry between the Chinese mainland and Taiwan.

Both sides of the Taiwan Strait can develop all-round cooperation in the petrochemical industry, including by expanding joint exploration efforts for oil and gas, Sheng Huaren, honorary president of the China Petroleum and Chemical Industry Federation (CPCIF), said at a biennial cross-Strait meeting on the petrochemical industry in Taipei Monday.

Hundreds of representatives from the petrochemical sectors of both sides of the Strait attended the meeting.

The two sides should enhance cooperation in petrochemical-products trade to optimize production, marketing and logistics networks, Sheng said.

Moreover, both sides' petrochemical sectors should work together in technology development, energy saving, environmental protection and product upgrading, Sheng added.

Development of Taiwan's petrochemical industry has been impeded by a shortage in resources and land, said Chen Wu-hsiung, chairman of the Petrochemical Industry Association of Taiwan, adding that expanded cooperation by both sides of the Strait will boost the industry.

The mainland is Taiwan's largest petrochemical-product export market.

In 2009, Taiwan exported about nine million tonnes of petrochemical products to the mainland, about 40 percent of the island's total petrochemical exports.

Taiwan is the mainland's largest source of synthetic fibre, which is used to make textiles.

It is the mainland's second largest source of synthetic resin, which is used to make plastics.

Source: Xinhua


  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Chinese Navy soldiers hold an evening party marking the upcoming 62nd National Day aboard Chinese Navy hospital ship "Peace Ark" in the Pacific on Sept. 28, 2011. The Chinese National Day falls on Oct. 1. (Xinhua/Zha Chunming)
  • Photo taken on Sept. 30, 2011 shows the crowd at the plaza of Beijing Railway Station in Beijing, capital of China. The railway transportation witnessed a travel peak with the approach of the seven-day National Day holidays on Friday. (Xinhua)
  • A man wearing high-heel shoes takes part in the 3rd annual Walk a Mile in Her Shoes, an event when men literally walk in women's shoes to raise awareness about ending violence against women, at Yonge-Dundas Square in Toronto, Canada, Sept. 29, 2011. (Xinhua/Zou Zheng)
  • Photo taken on Sept. 29, 2011 shows a cargo ship in danger on the sea near Zhuhai City, south China's Guangdong Province. Cargo ship Fangzhou 6 of Qingzhou of southwest China's Guangxi Zhuang Autonomous Region lost control after water stormed into its cabin due to Typhoon Nesat on the sea near Zhuhai Thursday, leaving 12 crew members in danger. Rescuers rushed to the ship and saved them by using a helicopter. (Xinhua)
  • Actress Gong Li poses for L'Officiel Magazine. (Xinhua Photo)
  • Demonstrators from the Occupy Wall Street campaign hold placards as they march in the financial district of New York September 29, 2011. After hundreds of protesters were denied access to some areas outside the New York Stock Exchange on September 17, demonstrators set up a rag-tag camp three blocks away. Zuccotti Park is a campground festooned with placards and anti-Wall Street slogans. The group is adding complaints of excessive police force against protesters and police treatment of ethnic minorities and Muslims to its grievances list, which includes bank bailouts, foreclosures and high unemployment. (Xinhua/Reuters Photo)
Hot Forum Discussion