Chemical industry of Shanxi province will maintain a stable growth, optimize industrial structure and invest RMB16 billion in fixed assets, all in 2019, as detailed in Shanxi Action Plan for Chemical Industry 2019, recently issued by Shanxi provincial government. In addition, sales revenue of the province’s chemical enterprises above designated size is to increase over 10% YoY to RMB87 billion in 2019. The plan calls for:

* Propelling R&D and demonstration application regarding technical equipment for coal gasification with proprietary intellectual property rights

* Encouraging chemical firms of the province to cooperate with professional institutes at home and abroad to make breakthroughs in new coal gasification technologies

* Making Interim Provisions for Administration of Industrial Testing and Demonstration Units and encouraging firms to kick off related projects

* Encouraging chemical firms in Shanxi to be combined or reorganized with leading and central enterprises

* Reorganizing upstream and downstream supporting enterprises, integrating upstream and downstream industrial chain resources, and strengthening industry agglomeration by means of combination or M&A of leading enterprises