The company won the excellent supplier of Gulei Petrochemical refining and chemical integration project

         Gulei Petrochemical Co., Ltd. is a 50%:50% joint venture established by Fujian Refining and Chemical Co., Ltd. (Land side) and Xuteng Investment Co., Ltd. (Taiwan side), and is mainly responsible for the construction and operation of the Gulei refining and chemical integration project Work. The project is the largest petrochemical industry cooperation project between the two sides of the Taiwan Strait so far. Its completion and commissioning will be of great significance to optimizing the national refining and chemical industry layout, deepening the cooperation between petrochemical enterprises on both sides of the strait, extending and improving the petrochemical industry chain across the strait, and promoting the prosperity and development of the Hercynian economy.

           The total investment of the Gulei refining and chemical integration project is 27.8 billion yuan. It was approved by the Fujian Provincial Development and Reform Commission on January 15, 2016, and the construction was officially started on December 26, 2017. Mainly include 1 million tons/year ethylene cracking, 550,000 tons/year pyrolysis gasoline hydrogenation, 350,000 tons/year aromatics extraction, 130,000 tons/year butadiene extraction, 300,000 tons/year ethylene vinyl acetate resin , 9 sets of chemical plants including 10/700,000 tons/year ethylene oxide/ethylene glycol, 600,000 tons/year styrene, 350,000 tons/year polypropylene, 100,000 tons/year thermoplastic elastomer, and supporting Utilities, terminals and storage and transportation facilities, etc.