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20.Tianjin will invest 65 billion yuan to build a high-level Bohai Chemical Park
http://www.tj-summerdavos.cn 2014-09-08 19:49

In order to carry out the plan for establishing a national-level petrochemical base, Tianjin will invest 65 billion yuan to build a high-level Bohai Chemical Park, which will be the first modern chemical industrial base in China, integrated with marine chemical, petrochemical and coal chemical industries. At present, the overall construction is in full swing.

This current project is located in the Tianjin Lin’gang (Harbor) Industrial Park, an area in the south of Tianjin Port. The overall planning of the Bohai Chemical Park is 10 square kilometers. Based on the plan of constructing a national-level petrochemical base in the Binhai New Area, the Tianjin Bohai Chemical Industry (Group) Co. will work on this chemical industrial park, one of Tianjin’s 80 key industrial projects, during the country’s Eleventh Five-Year Plan (2006-2010).

There are 41 projects in the overall construction plan of the Tianjin Bohai Chemical Park, which will take eight years and three phases to be completed. It is estimated that once finished, the annual sales will reach 106.3 billion yuan, accompanying an annual tax revenue of 15.7 billion yuan.

Phase I of the project mainly deals with 12 projects with a total investment of 20.3 billion yuan, including the removal and reconstruction of Tianjin Soda Plant, projects connected to the ethylene project, supporting public utility construction, and logistic projects, etc. All of these projects will have been on stream by 2009. Phase II is mainly for the 16 projects with a total investment of 15.1 billion yuan. The projects are integrated with petrochemical programs, including constructing Vinyl acetate. All of the projects in this phase will be completed by 2011. Phase III is for 13 projects with total investment of 30.4 billion, including the downstream derivative production and supporting projects for the integration of the refining and marine chemical industries. The projects are to be completed by 2015.

Upon the completion, the Bohai Chemical Park will be the first chemical industrial manufacturing base with advanced technology, sound coordination, comprehensive facilities and an integration of upstream and downstream products. Based on the idea of establishing a modern industrial manufacturing base, the Bohai Chemical Park undertakes a scientific concept of management, an economical use of resources, and environment friendly measures. It will be a bright spot in the Binhai New Area.

The Tianjin Bohai Chemical Industry (Group) Co. is the largest marine chemical industrial enterprise in China. Its principal products play a leading role in the industry in China. The corporation can provide more than 2,000 kinds of products in 11 categories, ranging from alkaline production, sodium hydroxide, to chlorine products, crude salt, rubber, high molecular polymer products and chemical building materials. The group has established long-term partnerships with world-famous enterprises including Akzo Nobel, Clariant, LG, Air Liquid, Veolia, and Vopak.

Source:Enorth.com.cn

Editor: Zhang Jialu
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