On April 26th, Fujian Refined Ethylene Project officially passed the acceptance check of the state. After more than two years of production and operation tests, the Fujian Refining Ethylene Project invested by the four shareholders of Sinopec, Fujian, Exxon Mobil, and Saudi Aramco has been operating safely and stably. The actual output of the main products exceeds the design capacity, and the quality of the products is excellent. Good economic and social benefits.
The Fujian Refining Ethylene Project is a Sino-foreign joint venture large-scale petrochemical integrated project approved by the state. It is currently the first large-scale petrochemical integrated with upstream, downstream, and closely integrated oil refining, ethylene, aromatics, and IGCC utilities. Production base. Its establishment has effectively promoted the reform and development of Sinopec Corp. and enhanced the overall competitiveness of Sinopec; at the same time, it has also advanced the strategic adjustment of Fujian's economic structure, promoted opening up, coordinated development, and the construction of the economic zone on the west side of the Straits. In accordance with the driving force of the refining and chemical industry, the “collaboration†effect of the ethylene refinery ethylene project in Fujian Province will drive the industrial chain of over 150 billion yuan to form a one hundred billion chemical industry cluster, and will be used for the post-processing of petrochemicals, resins and plastics in the middle and lower reaches of the Fujian coastal economic belt. The development of industries such as new materials, light industry, and textiles has injected new vitality into the formation of hundreds of billions of petrochemical industrial clusters and downstream industrial chains in southeastern Yunnan, and will stimulate domestic demand for supporting industries related to capital construction and promote regional development. The development of three industries.
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