Saiding Indonesia Dexin Project
In February 2021, the project was located in the Castle Peak Industrial Park on the island of Sulawesi, Indonesia, which is of great significance to promoting economic cooperation between China and Indonesia as a demonstration cooperation project of the Belt and Road Initiative. The contract period of the project is 18 months, and the project construction scale is 1.5 million tons of coke per year, which can provide coke supply for steelmaking enterprises in the industrial park after completion.
Zibo Junchen New Materials Project
On June 21, 2021, Shandong Daqi Petrochemical Design Co., Ltd. contracted the design of the 500,000 tons/year styrene industry chain integration technology transformation and upgrading project of Zibo Junchen New Material Technology Co., Ltd., and published the construction drawings of the underground pipe network of water supply and drainage in the installation area. The project is located in Jinling Hui Town, Linzi District, covering an area of 388 acres, with a total investment of 4.1 billion yuan, mainly building raw material pretreatment units, ethylbenzene/styrene units, aromatic hydrocarbon extraction raw material processing and other production units and supporting public and auxiliary facilities.
Sinopec-Shenghong Refining and Chemical (Lianyungang) Project
Shenghong Refining & Chemical (Lianyungang) Co., Ltd. Shenghong Refining & Chemical Integration Project Supporting Port Storage Project Wharf Project is a new project, the wharf project is located in Liugang Pool, Xuwei Port District, of which the 300,000-ton crude oil berth (1# berth) is located on the north side of Liugang Pool, about 1300m away from the port gate; Four 50,000-ton liquid chemical berths (2#~5# berths) are located at the root of Liugang Pond. The annual throughput of the terminal engineering is 23.876 million tons, including 16 million tons of crude oil and 7.876 million tons of liquid chemicals.
CNOOC-Shenghua New Materials Group Project
The project is the registered capital of the company of 1 billion yuan, and the company contributes 700 million yuan in monetary terms, accounting for 70% of the registered capital; Yugao Chemical contributed 300 million yuan in monetary terms, accounting for 30% of the registered capital. The project company plans to invest in the construction of a 600,000 tons/year lithium battery electrolyte project, with a total investment of about 6.5 billion yuan and an area of about 294 acres. The project is planned to be constructed in two phases. Among them: the scale of the first phase is 200,000 tons/year. The total investment of the first phase of the project is about 2.155 billion yuan, covering an area of about 150 acres, and the construction period of the project is about 18 months.
Zhejiang Yisheng Petrochemical New Materials Project
On September 19, Hengyi Petrochemical announced that its affiliated subsidiary, Zhejiang Yisheng New Material Co., Ltd., plans to invest in the construction of a "6 million tons PTA production project." The project will be implemented in two phases, with a total estimated investment of 6.731 billion yuan. The project is located in the Ningbo Petrochemical Economic and Technological Development Zone, covering an area of approximately 362.6 acres. It will employ the company's proprietary technology and plans to build supporting facilities such as rainwater detection pools, substations, water reuse systems, and sewage treatment plants. Additionally, it will make full use of the existing utility facilities within the park to construct two PTA production units, achieving an annual production capacity of 6 million tons of PTA.
Iraq Halfaya Project
The Al-Hofayah project site in IraqThe Al-Hofayah gas processing plant project is the largest gas processing project in southern Iraq, currently producing 20 million tons of oil annually. It is the first oil and gas project that processes associated gas in oil extraction, primarily functioning to collect and process the associated gas and condensate from three central gas processing plants in the Hofayah oil field. This can effectively reduce the flaring of associated gas from oil fields in the region, thus protecting the environment. The processed dry gas can also be sent to downstream power plants as gas for power generation, alleviating the tight electricity supply. The project is undertaken by China Petroleum Engineering Construction Corporation.
