In the future development plan of Qingdao City, the establishment of a new-generation comprehensive chemical industry base, the promotion of resource recycling and conservation, the stabilization and growth of relevant industries, and the construction of a petrochemical hub are all key components. Leading chemical companies in Qingdao are playing a crucial role by integrating their operations into the city's circular economy, contributing to the creation of a sustainable, ecological, and harmonious Qingdao. As the first listed company in Qingdao, Qingdao Soda Industry Co., Ltd. has set clear future goals under the guidance of eight principles that align ecological development with urban planning, follow industrial policy directions, and connect with the regional economy. The company aims to build a new integrated chemical base based on five core industries: petrochemicals, salt chemicals, coal chemistry, fine chemicals, and clean energy. The salt chemical industry, primarily driven by soda ash, is the core of Qingdao Alkali Industry. With over 40 years of production experience, its products enjoy a strong reputation and high competitiveness both domestically and internationally. Currently, the company exports about 20% of the country’s total soda ash volume. As a vital part of Qingdao’s industrial chain, the future focus will be on maintaining stable production and enhancing efficiency. The coal chemical industry supports both the salt and petrochemical sectors. By adopting clean production methods, it can utilize high-sulfur petroleum coke, a byproduct from Sinopec’s large-scale refinery, promoting resource recycling. More importantly, combining coal and petrochemical industries can expand the petrochemical product chain, supporting the relocation and development of the sector with significant growth potential. The petrochemical industry benefits greatly from the construction of Qingdao’s petrochemical base. It can supply catalysts, auxiliaries, and methanol for petrochemical projects, leverage port advantages for importing raw materials like benzene, and integrate with coal gasification and synthetic ammonia projects to further develop the industry. Additionally, by using by-products from the base, it promotes resource conservation within the region. The fine chemical industry focuses on deepening existing products, extending the industrial chain, and leveraging raw material, technological, and market strengths. With Qingdao as a major center for electronics and home appliances, the company is also exploring opportunities in electronic chemicals, an area that currently shows weaker development. The clean energy industry, including environmentally friendly thermal power, not only meets the needs of other industries but also supports Qingdao’s overall heating plan, helping to establish a clean energy system in the region. In addition, three integrated projects are underway: comprehensive alkali utilization, oil and gas utilization, and resource integration among Qingdao Petrochemical Company and other petrochemical enterprises in Shandong. Experts believe that the establishment of the Qingdao Alkali Chemical Industrial Ecological Base will significantly promote the circular economy in the city, stabilize the soda ash industry, ensure a steady supply of soda ash for glass, detergents, petrochemicals, and other sectors, and support the sustainable development of related industries. By creating an eco-industrial chain through enterprise collaboration and by-product exchange, it will complete the closed-loop of the circular economy.

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