Zhanjiang's Donghai Island has a planning area of 61.93 square kilometers for petrochemical factories. The Sino-Kuwaiti refinery and petrochemical complex covers 11.93 square kilometers and supporting petrochemical industrial parks cover 50 square kilometers.
The first phase of the complex, costing 59 billion yuan, is expected to refine 15 million tons of oil and produce 1 million tons of ethylene per year.
The project will generate 65 billion yuan in annual output. After completion, it will contribute an annual tax of 5.8 billion yuan and create 4,000 jobs.
Donghai is developing its oil refining industry and supporting five petrochemical industry chains including ethylene, propylene, carbon 4, carbon 5 and the fine chemical industry, involving more than 150 enterprises.
Other regions such as Suixi and Wuchuan counties mainly focus on supporting industries of chemical industry such as the production of raw materials for organic chemicals, fine chemicals, synthetic materials and packaging materials.
Zhanjiang has a certain foundation for the development of its oil refining industry. China National Offshore Oil Co chose Zhanjiang for oil and gas exploration; Sinopec's Dongxing oil refinery is expanding production; the Guangdong Pengzun energy project, with a total investment of 5.5 billion yuan, produces 300,000 tons of propylene, 200,000 tons of acrylonitrile, 65,000 tons of methyl methacrylate and 150,000 tons of butyl alcohol; and Xinpu chemical project absorbed an investment of 33 billion yuan while a chemical project of North Petroleum & Chemical Group was invested with 2 billion yuan.
The steel project and refining project were built 500 meters apart, a typical recycling economy with many advantages.
Zhanjiang aims to develop a world-class green steel base and petrochemical base with an emission pollution index at an international level. Donghai Island will remain an ecological island with blue sea, green fields, fertile farmland and villages.
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