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After years of reform, restructuring, technological innovation, and scientific management, Harbin's petrochemical industry has achieved rapid development in terms of scale, operating performance, economic benefits, and development speed.
PetroChina Harbin Petrochemical Branch has annual crude oil processing capacity of 4 million tons, per capita output value of 3 million yuan, per capita profit tax of 400,000 yuan, and the major economic and technical indicators ranks third in China National Petroleum Corporation and ranks first in Heilongjiang Province. Based on the original Harbin Huayu Chemical Industry Co., Ltd. and the original Harbin Petrochemical Company, the two major indicators of sales revenue and taxation of China National Chemical Industry Group Bluestar Harbin Co., Ltd. entered the top 50 industrial enterprises in Harbin. Harbin Huaer Chemical Co., Ltd. ranked the 34th among the top 50 industrial enterprises in Harbin in 2004. The above three petrochemical enterprises have become an important part of Harbin's economy. (Zhao Bing Yi)