The 42 billion large project started this month! This Chinese province is buildi

   Since the "Petrochemical Industry Planning and Layout Plan" formulated by the National Development and Reform Commission put forward the construction of seven world-class petrochemical bases, many large-scale petrochemical projects in China have been continuously promoted, and each petrochemical base has accelerated the progress of the layout. The official launch of the Zhongsha Gulei ethylene project will promote the development of the Gulei petrochemical industry and bring the Gulei petrochemical base to a new level. The Zhongsha Gulei project is expected to build 1.5 million tons of ethylene plant, 600,000 tons of mLLDPE/HDPE plant, 400,000 tons of HDPE (twin peak) plant, 400,000 tons of polypropylene (impact) plant and 550,000 tons of polypropylene (homopolymer) /random) device.

   In the past two decades, the petrochemical industry has always been the leading industry that Fujian has focused on fostering, and now this industry has become one of the three leading industries in Fujian Province. Due to the high degree of industrial correlation, long industrial chain and wide product coverage, it has played an important supporting role in Fujian's economic development. The launch of this project will further enhance the strength of Fujian's petrochemical industry, and is also an important practice for Fujian Province to successfully introduce major foreign investment projects. At the same time, with the establishment of Saudi Basic Industries Corporation, a leader in the global chemical industry, Gulei will make full use of this decade to form an internationally competitive petrochemical industry system. This is of great significance to promoting the high-quality development of my country's petrochemical industry, improving the supply capacity of domestic high-end chemicals, and promoting the construction of the Gulei petrochemical base into a world-class petrochemical industry base. The seven major petrochemical bases in China are Shanghai Caojing, Zhejiang Ningbo, Guangdong Huizhou, Fujian Gulei, Dalian Changxing Island, Hebei Caofeidian, Jiangsu Lianyungang, and many projects are continuing to advance, and each petrochemical base is accelerating the progress of the layout.  International giants have also seized the dividends of opening up and landed in the Chinese refining and chemical market. ExxonMobil, BASF and other wholly foreign-owned petrochemical projects are advancing in an orderly manner. Shell and Saudi Aramco will also cooperate with domestic petrochemical companies in the refining and chemical field. It is estimated that by 2025, the refining capacity of the seven petrochemical bases will account for 40% of the country's total capacity. At present, China has built and put into operation nearly 30 10 million-ton oil refining bases, with a total production capacity accounting for about 45% of China's total oil refining capacity. China's refining and chemical industry is developing in the direction of large-scale installations, refining and chemical integration, and industrial clustering, and is entering an era of great changes in competition and diversification. With the integration and upgrading of the petrochemical industry, it is believed that a new pattern will be formed in the near future.

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