The fine chemical industry is on the top among six major industries each with the gross output value above one hundred billion，issued on "Views on the Promotion to Accelerate the Development of Key Industries" by Yichang Municipal Government in 2013 .
According to the plan, the gross output value of fine chemical industry is expected to be above 180 billion RMB in 2016, which means the size and strength of key industries will reach a new level in Yichang City.
Industry Status
Since 2000, with the rapid development of the chemical industries in Yichang City, the proportion of fine chemicals has increased year by year. At the end of 2012, there are 189 chemical enterprises with the industrial output value exceeding 100 billion RMB for the first time. The economic aggregate of the chemical industry has accounted for 30 percent of industries in Yichang City and a large number of enterprises and products have an important impact at home and abroad.
The pattern of the chemical industry has been formed with phosphorus chemical industry, coal chemical and salt chemical industry as the leading industries and other chemicals as supplements. There are six Chinese well-known trademarks, three Chinese famous brands and two National Enterprise Technology Centers:Yihua Group and Xingfa Chemicals Group.
Development Goals
In addition to the gross output value of the fine chemical industry reaching 180 billion RMB, Yichang Municipal Government aims at building Yichang into a well-known and higher value-added fine phosphorus chemical production base and national high concentrations of phosphate and compound fertilizer production base in 2016. And then there will be more than 260 chemical enterprises, including one enterprise with its prime operating revenue above 100 billion RMB.
Industrial Layout
First, Yichang is to build a high-tech fine chemical industry base. Eight large-scale fine chemical industry parks should be given great importance to the overall arrangement, including Xiaoting Park in High-tech Zone, Baiyang Park, Zhicheng Park in Yidu,Yaojiagang Park in Zhijiang, Dangyang Industrial Park, Yuan’an Industrial Park, Xingshan Industrial Park and Yiling Industrial Park. In addition, it is high time that Yichang developed new chemical materials, intermediates and high-end chemical products, such as new type specialty chemicals and other products.
Second, Yichang is to build a national high concentration of fertilizer (compound fertilizer) production base. Nitrogen fertilizer is produced in Xiaoting, Zhijiang and Dangyang Areas while phosphate fertilizer is produced in Xiaoting, Yidu, Zhijiang, Dangyang and Yuan’an Areas.
Third, Yichang is to build a sustainable and strong modern resources guarantee system.
Fourth, Yichang is to build the production base for special rubber tubes & belts and plastic products. Yichang should strive to develop engineering plastics, specialty synthetic rubber, high-performance fibers, functional polymer materials and composite materials and other advanced structural materials in Dongshan Park of Yichang High-tech Zone, Wujiagang Industrial Park and Zhijiang Industrial Park.
Fifth, Yichang is to build a chemical recycling economy demonstration park. With further construction and improvement of Xiaoting, Baiyang and other professional chemical parks, relying on the existing capacity advantage of synthesis of ammonia, sulfuric acid, phosphoric acid and technical advantages of phosphorite ores mining and dressing, Yichang should build industrial structure with three chemical industry chains as the main chains, including coal chemical industrial chain, phosphorus chemical industry chain and salt chemical industry chain, achieving symbiotic coupling among the three major industries of "coal, phosphate, salt" to develop environmentally friendly, efficient, recycling industrial economy.
Key Enterprises and Projects
Eleven enterprises and related projects are regarded as key objects to be given great support. They are: Yihua Group, Xingfa Chemicals Group, Sanning Chemical Group, Dongsheng Chemical Group, Huaqiang Chemical Group, Liuguo Chemical Industry Group, Jixing Chemical Industry Group, HEC Formed Foil Co., Ltd, Hubei Chemical Fertilizer Co., Ltd, Yichang CSG Polysilicon Company, Ezhong Chemical Industry Group.
It can be said that only the competition for the development of these enterprises, can the aim of 180 billion RMB become a reality.