The construction ceremony was held on Wednesday (March 29) jointly constructed by Saudi Arabia.

According to China CCTV News client, the green and low -carbon major projects in the petrochemical field co -constructed by China Saudi Arabia -fine chemical and raw materials projects on Wednesday in Panjin, LiaoningEssence

Fine chemical and raw materials projects cover an area of 8.9 square kilometers, with a total investment of 83.7 billion yuan (S $ 16.1 billion).And supporting public engineering and auxiliary facilities.The project has the advantages of refining and chemical integration, scale, and green and low -carbon development. It uses the current international leading technology to produce refined oils to the minimum extent and increase chemicals to the greatest extent.

The project is expected to be completed in 2025. After production, annual sales revenue can achieve more than 100 billion yuan, and at the same time, it will greatly reduce the output rate of refined oil products, increase the overall strength and competitiveness of the Liaoning petrochemical industry, and drive the overall strength and competitiveness of Liaoning's petrochemical industry, drive, and drive, drive, drive, drive, drive, drive, and drive, drive, drive, drive, drive, and drive, drive, drive, and drive, it will drive.A batch of supporting projects of upstream and downstream industrial chain.

This project is based on high -end and import substitutions in China. The downstream products are dominated by new chemical materials and high -end fine chemical products supported by the state. After the project is implementedForm the trend of agglomeration and development of industrial agglomerations such as high -end polyolefins, new materials, new energy and other industries.

Fine chemical and raw material engineering projects, as a major project of the "Belt and Road" initiative and promoting comprehensive strategic cooperation between China and Saudi Arabia, are important for serving the national key industry's strategic layout and promoting external cooperation in the energy field.significance.

Comprehensive Bloomberg, China Daily, etc., Saudi Arabia's president and CEO Amin Narrr announced on Sunday (March 26) at the China Development High -level Forum that it has invested heavily in Panjin, Liaoning.Chemical projects.On the same day, they signed the final agreement with Huajin North Industrial Group and Pan Jinxincheng to develop a most advanced refining and chemical joint device in Liaoning Province.

Amin Naacer said: "We have seen an important win -win opportunity, that is, establishing the world's leading downstream industry in China, focusing on increasing the conversion rate of petrochemical industry, and also expanding our crude oil chemical industryPart of the strategy. "