Industry: Industry Region: Guangdong Transaction Price: Not Disclosed Transaction Method: Equity Investment
Introduction: Guangdong Maoming Petrochemical Industrial Park is an industrial park approved by the Guangdong Provincial Government and invested by Sinopec Corporation, and approved by the National Development and Reform Commission in 2006; In 2008, the Ministry of Science and Technology recognized it as the Maoming Petrochemical Industrial Base of the National Torch Plan, with a total planned area of 45.2 km2.
Details: Maoming Petrochemical Industrial Park in Guangdong Province is an industrial park approved by the Guangdong Provincial Government and invested by Sinopec Corporation, and approved by the National Development and Reform Commission in 2006; In 2008, the Ministry of Science and Technology recognized it as the Maoming Petrochemical Industrial Base of the National Torch Plan, with a total planned area of 45.2 km2. The industrial park is backed by the southwest and facing Southeast Asia, with a natural deep-water port, a broad market space, and transportation, electric power, communication and water conservancy facilities that fully meet the requirements of developing the large petrochemical industry. At present, a series of large-scale industrial projects such as 13.5 million tons/year of oil refining and 1 million tons/year of ethylene have been built in the industrial park; The 20 million tons/year refining expansion project has been approved by the National Development and Reform Commission, and construction will start in September 2009, and after the completion of the expansion, the refining capacity will reach 25.5 million tons/year. By 2009, 23 projects have entered the park, with a total investment of 25.28 billion yuan, and 35 investment projects have been negotiated with well-known enterprises in the Pearl River Delta and at home and abroad, with a total investment of 17.4 billion yuan.