Abstract: To realize sustainable development of chemical industry of forest products in China,it is necessary to develop and make full use of Pinus elliottii×P. caribaea(Pe×Pc) resource scientifically and reasonably to produce salable high-quality goods in market and turn resource into economic returns. In view of the existing development situation of chemical industry of forest products, comprehensive exploitation and utilization of this resource, in terms of characteristics of Pe×Pc resource,chemistry of the resin,modification and utilization of wood, as well as application of essential oil are described.