Optimistic about the promising prospect of strategic emerging industries Sinochem New Network News On November 21-22, the 2011 China International Fine Chemical Investment Forum was held in Shanghai. The reporter learned from the forum that as an emerging field with the most vitality and development potential in the chemical industry, fine chemicals is one of the hot spots that investors are currently paying attention to. In the overall investment direction of the fine chemical industry, the chemical new material industry is the most promising. Zhao Jungui, vice president of the China Petroleum and Chemical Industry Federation, pointed out at the forum that during the “Twelfth Five-Year Plan†period, vigorously developing the fine chemical industry will greatly promote the transformation and upgrading of China's petroleum and chemical industries and boost the development of strategic emerging industries. Zhang Fang, director of the Fine Chemicals Division of the Petroleum and Chemical Industry Planning Institute, said that the priority investment direction in the field of fine chemicals is chemical new materials, followed by fine chemicals in new areas, while the investment opportunities in traditional fine chemicals are relatively small, mainly in the optimization of products. In the structure. The new chemical materials are not only important strategic emerging industries themselves, but also important supporting supporting industries for the transformation and upgrading of other strategic emerging industries and traditional industries. The overall new chemical materials are still in the market growth period, and some areas are even in the period of market introduction. In this field, priority should be given to increasing the total amount, taking into account the optimization structure, that is, to make up for the lack of supply first, and to have a resource advantage in areas with a good development foundation. In the field of fluorosilicon materials, we will accelerate the optimization and upgrading of product structures. Xu Jingsheng, deputy chief engineer of the China Chemical Industry Development Center, said that during the “12th Five-Year Plan†period, new chemical materials should vigorously develop new functional materials such as rare earth functional materials and high-performance membrane materials, and actively develop advanced structural materials such as engineering plastics to improve carbon fiber. The development level of high-performance fiber and its composite materials such as aramid, ultra-high molecular weight polyethylene fiber, and development of common basic materials such as nanometer, superconductivity, and intelligence. It is understood that in 2010, the domestic self-sufficiency rate of new chemical materials was only 55% to 60%. During the “Twelfth Five-Year Plan†period, new chemical materials were listed as the focus of the development of the chemical industry, and the domestic self-sufficiency rate of new chemical materials will reach 80% by 2015. For the development of the fine chemical industry in the new field, Zhang Fang believes that the “Twelfth Five-Year Plan†period should focus on two major goals: First, the overall market self-sufficiency rate will increase from about 70% in 2009 to over 85% in 2015; In areas where imports are heavily dependent on imports, the market's self-sufficiency rate has risen by about one-third from the current level of 1/2. Second, the proportion of environmentally-friendly products has increased substantially, and high-risk non-environmental products have basically been eliminated; the proportion of high-performance products has increased substantially, which is in line with the upgrading of downstream products. Zheng Fangyu, chief chemical industry analyst at the Industrial Securities Research Institute, said that the fine chemical and new materials industries have improved their process routes and have more opportunities to transition from existing products to related new fields. The forum was sponsored by the China Petrochemical Federation, and organized by the China Chemical Industry Economic and Technological Development Center, the China Chemical Industry Promotion Association Chemical Industry Branch, and Industrial Securities.