On July 11, Sinochem signed a strategic cooperation agreement with the Cangzhou Municipal Government of Hebei Province to cooperate in-depth on new chemical materials industry projects and jointly build Sinochem New Chemical Materials Industry Base
According to the Cangzhou Municipal Government website, according to the agreement, Sinochem will take Cangzhou City as a key area for business development, and give full play to the market influence and brand effect of large enterprise groups.
During the "14th Five-Year Plan" period, Sinochem will invest over 10 billion yuan.
The construction focus includes a series of high-level chemical new material industry projects such as TDI and polycarbonate expansion projects and bisphenol A, nitric acid, coal gasification and other supporting raw material projects.
In the long term, larger-scale investment will be implemented to further enrich the industrial chain of the Cangzhou base.
Make every effort to build a chemical project cluster park and Sinochem Cangzhou outlet
At the same time, it actively promotes cooperation with Cangzhou in many fields such as modern agriculture and environmental governance, urban operation, and industrial finance
Cangzhou will provide a favorable investment and business environment for Sinochem's development in Cangzhou
Provide maximum support in project approval, factor supply, resource allocation, infrastructure support, etc.
At the same time, establish a sound communication and coordination mechanism, set up special work classes, and fully ensure the smooth implementation of cooperation projects, and promote Sinochem's business development in Cangzhou