"The 14th Five-Year Plan" plans to invest 70 billion yuan in Tianjin!

Recently, Sinopec issued an announcement stating that the company's proposal to invest in the construction of a 1.

Recently, Sinopec issued an announcement stating that the company's proposal to invest in the construction of a 1.

At present, Tianjin Petrochemical, a subsidiary of Sinopec, is accelerating the construction of modern high-end new material industrial clusters by increasing investment.

On September 27 , Sinopec and Tianjin Municipal Government signed a strategic cooperation framework agreement.

Nangang Industrial Zone has been included in the "Beijing-Tianjin-Hebei Coordinated Development Planning Outline", and Tianjin City has positioned it as a "world-class new chemical material base".

In addition, Tianjin Petrochemical will also promote the second phase of the refining plan, supporting the aromatic ethylene project, combined with the expectations of the refined oil market, reducing the total amount of gasoline and diesel, increasing the production of chemical raw materials, and ensuring the supply of aromatic ethylene raw materials.

Tianjin and Sinopec have maintained a long-term good cooperative relationship, especially in the development of the oil refining and chemical industry, and the construction of the refined oil ( natural gas ) market.
The existing assets of Sinopec's enterprises in Tianjin are more than 70 billion yuan.
At the same time, the two parties will actively study and explore the development of crude oil, natural gas, chemicals and other bulk product trading businesses in the Tianjin Pilot Free Trade Zone; jointly promote Sinopec’s natural gas business in Tianjin, the development and utilization of new energy such as geothermal and waste heat, and the construction of refined oil pipelines.
Sales network construction; jointly ensure the safe and stable operation of Sinopec’s pipeline storage and transportation facilities in Tianjin; relying on the Tianjin Haihe Industrial Fund to jointly promote the establishment of industrial investment funds, mainly for the early development of new energy, new materials, energy conservation and environmental protection, and intelligent manufacturing industries.
Mid-term innovation investment, while investing in the transformation of Sinopec’s scientific and technological achievements in Tianjin, to provide support for the development of Sinopec’s key industries and project construction in Tianjin; work together to ensure the talents of Sinopec’s units in Tianjin, and Sinopec will actively attract senior management talents Come to Tianjin to work, etc.