Shandong Provincial Pipeline Enterprises No Longer New to Coal Chemicals

The meeting of heads of companies in charge of Shandong Province held on January 11 disclosed information that Shandong Province will adjust its planning and layout this year. In principle, provincial management companies will no longer be allowed to start coal chemical projects in the province. At the same time, enterprises that have no competitive advantage in the province must transfer to the central and western regions or low-cost countries as soon as possible; they will also select the right time to take a decisive shot to merge and restructure foreign high-quality resources, R&D institutions and high-end talents.

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