镇海炼化在技术进步和加强企业管理两个轮子推动下，“九五”走上了高速发展之路。1996年实现利润8.4亿元，同比增长10%；1997年实现利润9.5亿元，同比增长13%，经济效益位居国内石化行业首位。1998年虽然遭受了亚洲金融危机、经济衰退的严重影响，但凭借自身实力的增加和企业 The promotion of Zhenhai Refining and Chemical Technology under the two wheels of technological advancement and strengthening of enterprise management, the “Ninth Five-Year Plan” embarked on the road of rapid development. In 1996, it achieved a profit of 840 million yuan, a year-on-year increase of 10%. In 1997, it achieved a profit of 950 million yuan, a year-on-year increase of 13%, and its economic performance ranks first in the domestic petrochemical industry. Although it was severely affected by the Asian financial crisis and the economic recession in 1998, it has increased its own strength and enterprises.