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On September 27 , the Tianjin Municipal Government and China Petroleum & Chemical Corporation signed a strategic cooperation framework agreement.
On September 27 , the Tianjin Municipal Government and China Petroleum & Chemical Corporation signed a strategic cooperation framework agreement.
Sinopec's enterprises in Tianjin have assets of more than 70 billion yuan.
According to the agreement, during the "14th Five-Year Plan" period, Sinopec will plan to invest another 70 billion yuan in key projects.
The two parties will jointly promote the 1.
2 million tons / year ethylene and downstream high-end new materials industrial cluster project of Tianjin Petrochemical Nangang , Sinopec Tianjin LNG Phase III expansion and cold energy comprehensive utilization project, Sinopec Beihua Research Institute pilot base project, Sinopec Lubricants The base project and the construction of Sinopec's hydrogen energy industry cultivation and application project will further promote the transformation and upgrading of Tianjin's petrochemical industry and achieve high-quality development.
