The Third Plenary Session of the Eleventh Central Committee of the Communist Party of China has opened a new era of reform and opening up in China. The land of China has taken on a new look and the petrochemical industry is full of vitality. In order to make good use of 1 100 million tons of oil resources and concentrate on major events, the CPC Central Committee and the State Council decided to set up the sinopec group in February 1983 to implement centralized leadership, overall planning and unified management for important oil refining, petrochemical and chemical fiber enterprises in China. On July 12 of the same year, sinopec group, which was jointly established by 39 enterprises and institutions in China, was formally established, and China petrochemical industry entered a brand-new development period. After the establishment of petrochemical company, it takes "reform, development and revitalization" as its own responsibility, giving full play to the advantages of collectivization and unity, and pioneering and enterprising. On the one hand, raise funds extensively and organize key projects. By the end of the Seventh Five-Year Plan, the 300,000-ton ethylene projects in Daqing, Qilu, Yangzi and Shanghai and the large chemical fertilizer projects in Zhenhai, Urumqi and Ningxia were all completed and put into operation, and the oil refining projects in Luoyang, Guangzhou and Zhenhai and the second phase project of Shanghai Petrochemical were successively completed and put into operation. The first battle of revitalizing the petrochemical industry was successful. The crude oil processing capacity has been expanded from 95.88 million tons to 1.24 million tons, and the ethylene production capacity has been expanded from 595,000 tons to 1.82 million tons, which has brought the petrochemical industry to a new level. At the same time, focusing on the digestion and absorption of imported technologies, we carried out extensive activities to meet the standards, successfully developed oil refining technologies such as heavy oil catalytic cracking, mild hydrocracking and catalytic cracking, and made breakthroughs in the localization of ethylene cracking furnace technology, important equipment and "three agents". On the other hand, we should further reform, strengthen management and improve economic efficiency. On the basis of centralized and unified management, we should give enterprises autonomy from the aspects of people, finance, production, supply and sales, mobilize their enthusiasm and enhance their vitality. Adhere to and carry forward the fine traditions, do a good job in grassroots construction, establish and implement the economic responsibility system, mobilize the enthusiasm of the broad masses of workers, consolidate the management foundation of enterprises, and maintain the stable development of production and construction. By 1990, Petrochemical Corporation had successfully completed the "329" contracting task approved by the State Council (that is, from 1985 to 1990, the total investment was 30 billion yuan, the total output was 90 billion yuan, and the profits and taxes in that year were 20 billion yuan), which provided accumulation for the national finance.
In the 1990s, especially after the 14th National Congress of the Communist Party of China, China established the goal of establishing a socialist market economic system, and the reform of state-owned enterprises established the direction of establishing a modern enterprise system, and the petrochemical industry ushered in new development opportunities. Focusing on the market, China Petrochemical implemented "two fundamental changes", further deepened the reform, strictly governed the country, and accelerated the construction of pillar industries. In terms of management system and operation mechanism, collectivization, internationalization, diversification and joint-stock operation will be implemented, the two-level legal person system will be further improved, the autonomy of enterprises will be expanded, and enterprises will be promoted to establish a modern enterprise system. Shanghai, Zhenhai, Yanshan, Qilu, Yangzi and other enterprises. Carry out overall or partial restructuring, issue stocks at home and abroad, raise funds, change mechanisms and promote development. At the same time, we will intensify the reform of labor, personnel and distribution systems, implement the labor contract system for all employees, and implement the reduction of staff to increase efficiency and the diversion of laid-off workers. In the construction of key projects, we concentrated our efforts on organizing the "second campaign" to revitalize the petrochemical industry, and built a number of deep processing, storage and transportation facilities such as Anqing Acrylic Fiber, Fujian Refinery, Liao Hua Phase II, Maoming Ethylene and Jiujiang Chemical Fertilizer. Popularize the experience of Yanshan ethylene and Zhenhai oil refining, complete the ethylene transformation in Yangzi, Shanghai, Qilu and Daqing, and embark on a road to eliminate the "bottleneck" and pay attention to connotation development. To enter the market, we should make overall use of both domestic and foreign markets and resources, expand the processing of imported crude oil, promote the integration of production and marketing, vigorously develop new products, and create conditions to promote enterprises to enter the market. In the development of science and technology, we should further increase investment in scientific research, deepen the reform of the scientific and technological system, organize a "one-stop" scientific and technological research, foster strengths and avoid weaknesses at home, and learn from each other's strengths at abroad, which has greatly promoted scientific and technological progress. By the end of the Ninth Five-Year Plan, the refining technology can basically be based on the domestic market, and the petrochemical industry will innovate independently on the basis of digestion and absorption, and a number of refining and chemical catalysts will reach the international advanced level in the same period. In internal management, we insist on "keeping a close eye on the market and paying close attention to the site", strengthen grass-roots construction based on post responsibility system and professional management with capital cost management as the core, carry out activities to fully meet the standards of production equipment, specialties and enterprises, further transfer the mechanism, grasp management, practice internal strength, increase efficiency, popularize the experience of Handan Iron and Steel, Shanghai Petrochemical and Zhenhai Refining and Chemical Company, and push the overall level of enterprise management to a higher level. After further reform, development and improvement, the overall strength of petrochemical companies has been further enhanced.
At the turn of the century, the process of economic globalization has accelerated, industrial restructuring and capital restructuring have occurred one after another around the world, and multinational companies have become more powerful. After the 15th National Congress of the Communist Party of China, the CPC Central Committee and the State Council sized up the situation and decided to carry out a strategic reorganization of the petroleum and petrochemical industry. 1In July, 1998, China Petrochemical Group and China Petroleum and Natural Gas Group were reorganized and established at the same time, realizing the integration of upstream and downstream, domestic and foreign trade, production and marketing respectively. This is another milestone in the development history of China petroleum and petrochemical industry.
After the establishment of petrochemical companies, with reform as the driving force, development as the main line and market as the foundation, they will further change their concepts, change their mechanisms, deepen reform, accelerate development and improve efficiency, and move towards the goal of building an internationally competitive enterprise group. In February, 2000, after the overall reorganization of Petrochemical Corporation, China Petrochemical Co., Ltd. was established by focusing on its main business and high-quality assets. In June, 2000, 65438+ 10 and August, 2006, 5438+ 10, China Petrochemical issued H shares and A shares overseas and domestically, and listed in new york, Hong Kong, London and Shanghai, realizing the diversification of ownership structure and entering the domestic and foreign capital markets. In 2000 and 2002, we actively and steadily promoted the reduction of staff and increase efficiency, further improved labor productivity and improved the structure of the workforce by means of agreement to terminate labor contracts, restructuring and diversion. At the same time, according to the new characteristics and changes such as the integration of industrial chain and the integration of oil prices with the international market, China Petrochemical Group Company has continuously improved its development strategies such as resources, marketing, investment, science and technology, talents, etc., and strived to expand resources, expand markets, reduce costs and increase efficiency, and invest rigorously, vigorously improving economic benefits, gradually adjusting its industrial structure, and enhancing its overall ability to resist risks. In terms of oil and gas exploration and development, the balance of reserves and production in the old eastern area has been more than enough for six consecutive years, the oil and gas output has steadily increased, the exploration in the new western area has made a strategic breakthrough, and the resource sequence has been improved. In refining and chemical industry, refining reforms such as processing sour crude oil and improving the quality of refined oil were completed, especially the second round of ethylene reform in Yanshan, Shanghai and Yangzi, which further enhanced the market competitiveness. In terms of refined oil sales, the terminal network was vigorously developed through acquisition, new construction and transformation, and the market competitiveness was significantly enhanced. Under the new situation of China's accession to the WTO, the petrochemical group company has further expanded and deepened its cooperation with large foreign companies. On the one hand, they introduced foreign capital, advanced technology and management, jointly built world-class petrochemical projects, accelerated their own industrial upgrading and improved their international competitiveness; On the other hand, "going out" to develop foreign resources and explore the international market.
After 20 years of reform and development, China Petrochemical Company's economic strength has been growing, and its market competitiveness has been gradually enhanced. 1983 petrochemical corporation is limited to the refining and chemical industry, with total assets of 2 10 billion yuan, sales income of 27.2 billion yuan and profits and taxes of 0/0.7 billion yuan. In 2002, China Petrochemical Group Company was an energy and chemical company integrating exploration and development, refining and chemical industry and petroleum marketing, with total assets of 576.9 billion yuan, sales revenue of 378 billion yuan and profits and taxes of 54.3 billion yuan. In 2002, Sinopec Group Company ranked 70th among Fortune Global 500 Enterprises.
Looking back on the 20-year development of China Petrochemical Company, we can see that every Great Leap Forward is inseparable from the care and support of the CPC Central Committee, the State Council and relevant departments. Over the past 20 years, Li, Chen Jinhua, Sheng Huaren, Li and other comrades, together with the comrades of previous party groups of China Petrochemical Group Company, have maintained a high degree of consistency with the CPC Central Committee, conscientiously implemented the party's line, principles and policies, stressed politics and the overall situation, kept in mind the responsibility of large state-owned enterprises and the socialist direction of running enterprises, persisted in strengthening party building and cadre team building, and persisted in implementing the policy of relying on the working class wholeheartedly to give full play to the political advantages of state-owned enterprises.
Standing at the intersection of the past and the future, looking back, we are proud; Looking ahead, we are full of passion. The brilliant achievements made by China Petrochemical Company in the past 20 years have laid a solid foundation for its future development. However, compared with large companies in developed countries, especially super-large oil companies, China Petrochemical still has a big gap in economic scale, technological innovation, market development, management and sustainable profitability. On the way forward, China Petrochemical has both rare development opportunities and severe competition tests. The greatest opportunity is that the 16th National Congress of the Communist Party of China has put forward a grand blueprint for building a well-off society in an all-round way, and the national economy will maintain sustained, rapid and healthy development, providing an incomparably broad market space for the petroleum and petrochemical industry. The biggest challenge is that after China's entry into WTO, the domestic market will be more open, and domestic enterprises will directly face all-round competition from large foreign companies. The key is to be good at seizing opportunities, seeking advantages and avoiding disadvantages, developing at a faster speed, narrowing the gap with large foreign companies, actively responding to challenges and winning the initiative in competition. At present, China Petrochemical Group Company is thoroughly studying and implementing the spirit of the 16th CPC National Congress and Theory of Three Represents, adjusting and perfecting its future development orientation and medium-and long-term goals according to the goal of building a well-off society in an all-round way, adhering to the policy of "reform, adjustment, innovation and development", and taking effective measures strategically and tactically to continuously improve its international competitiveness. Strive to build China Petrochemical Co., Ltd. into a world-class comprehensive energy and chemical company with outstanding main business, excellent assets, diversified equity, scientific and technological innovation, scientific management, rigorous finance and international competitiveness by 20 10. Surviving enterprises adapt to the requirements of market economy and realize self-reliance and development. Accordingly, China Petrochemical Group Company has become a state-authorized investment institution and a state holding company with standardized asset management, high efficiency and lean. Strive to build China Petrochemical into a multinational company with strong international competitiveness by 2020.
"The Xiongguan Road is really like iron, and now it is one step away." We believe that China Petrochemical, under the leadership of the CPC Central Committee with Comrade Hu Jintao as the general secretary, will hold high the great banner of Deng Xiaoping Theory, fully implement Theory of Three Represents, further emancipate the mind, seek truth from facts, keep pace with the times, and blaze new trails, and will surely take new steps in improving international competitiveness, create new glories, and make new contributions to building a well-off society in an all-round way and realizing the great rejuvenation of the Chinese nation.
China Petrochemical Company has gone through an extraordinary past and will meet a better future.