Recently, the CPC Shandong Provincial Committee and the People's Government of Shandong Province issued the Three-Year Action Plan for Developing Shandong Province into a Pilot Zone for Green, Low-Carbon, and High-Quality Development (2023-2025), making it clear that Shandong will build a world-class high-end chemical industry base.

According to the document, positive efforts should be made to promote the implementation of the Yulong Island Refining and Chemical Integration Project, the Ethylene Project of Wanhua Chemical Group, and the UPC Project of Shandong Dongming Petrochemical Group and to have more major petrochemical projects being included in national plans; implement the capacity replacement plan and promote the capacity integration of local oil refineries; optimize and upgrade the modern coal chemical industry in Zaozhuang, Jining, and Heze, cultivate and strengthen the high-end salt chemical industry in Weifang, Dongying, and Binzhou, and vigorously develop the new chemical materials industry; rectify, improve, integrate, and develop the chemical industrial parks and ensure that the number of chemical enterprises attracted can reach more than 45% of the goal and the output value of the chemical industrial parks (including key chemical monitoring points under their management) can account for about 80% of the whole industry.