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[Petrochemical Circular Economy Blue Book: The scale of biochemical industry is expected to be nearly 100 billion in 2030] On September 14th, at the 2026 Petroleum and Chemical Industry Circular Economy Development Conference, the "China Petrochemical Industry Circular Economy Blue Book" was officially released. The Blue Book points out that replacing fossil carbon sources with biomass and carbon dioxide is the "renewable carbon entrance" of the petrochemical raw material system. It is expected that by 2030, the scale of the domestic biochemical industry will increase from 65 billion yuan in 2025 to approximately 99 billion yuan.
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