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    Home > Chemicals Industry > Rubber Plastic News > Over 40 billion yuan! Another world chemical giant invests and builds factories in China

    Over 40 billion yuan! Another world chemical giant invests and builds factories in China

    • Last Update: 2022-08-24
    • Source: Internet
    • Author: User
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    In Fujian Province, where the petrochemical industry is one of the three pillar industries, the construction of the petrochemical base has made new progress: the introduction of the world chemical giant - Saudi Basic Industries Corporation (SABIC), the joint venture and cooperation to build the Zhongsha Gulei ethylene project


    .


    Fujian Petrochemical Group Co.
    , Ltd.
    disclosed the above news at a press conference held in Fuzhou on September 1


    .


    According to the company, the Zhongsha Gulei ethylene project will be constructed at the Fujian Gulei Petrochemical Base with a total investment of more than 40 billion yuan.
    Its ethylene plant with an annual output of 1.
    5 million tons is currently the largest in the world, and a number of core technologies have also been introduced to fill the gap.
    blank in the industry


    .


    "SABIC is one of the top three chemical giants in the world and has leading technological advantages


    .


    "The project is progressing smoothly on the whole," said Wu Hong.
    At present, SABIC, Fujian Petrochemical Group Co.
    , Ltd.
    and Zhangzhou City have officially signed a tripartite investment agreement, and they are speeding up the negotiation of the business agreement


    .


    Industry insiders believe that the successful introduction of this project will help Gulei Petrochemical Park to extend the industrial chain and form industrial agglomerations.
    Quality development is of vital importance


    .


    Fujian is located on the southeast coast of China.
    Over the years, it has promoted the connection of petrochemical industries between Fujian and Taiwan, and laid out the construction of two national petrochemical bases in Meizhou Bay and Gulei.
    It has formed a petrochemical industry cluster with a certain scale and strength


    .


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