With China driving for industrial transformation and upgrading for more sustainable growth under its 13th Five-Year Plan, the petroleum and chemical industry is calling for new thoughts to steer its future direction which is focused on higher value-added products, innovation and environmental protection.
Air Products’ Industrial Gases Executive Vice-President Corning Painter, along with 15 executives from other leading multinational and domestic chemical companies, attended the high-level, invitation-only and closed-door 2018 CEO Dialogue recently held in Beijing. Organised by government-backed China Petroleum and Chemical Industry Federation (CPCIF), the CEO Dialogue is an annual forum engaging chief executives from global and domestic industry leaders to discuss industry challenges and exchange ideas to guide the next phase of development.
Addressing the topic of ‘Prospect of the Transformation and Upgrading of Petrolum and Chemical Industry in New Era’, Painter (below) offered his insights in how the coal gasification industry can play a key role in China’s Energy Strategy. The forum also discussed ‘The Belt and Road Initiative: China Proposal, Global Opportunities.’
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