Tianjin pushes three major petrochemical projects

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China Drying Network On February 18th, Tianjin Municipality's "Development for Development, People's Livelihood, and Up-to-Level" mobilization meeting and a new batch of major project construction promotion conferences launched a new batch of 170 major projects with a total investment of 2213.9 billion yuan. There are 20 major industrial projects with a total investment of 52.65 billion yuan, covering LNG, desalination, new energy, new materials, and coal chemical industries.

The new batch of major industrial projects include three petrochemical industry projects with a total investment of 10.4 billion yuan; one biomedical industry project with an investment of 1.63 billion yuan; two new energy and new materials industry projects with a total investment of 2.5 billion yuan; traditional Seven industrial upgrading projects have a total investment of 19.99 billion yuan. The three petrochemical industry projects are integrated seawater desalination and comprehensive utilization projects (phase 1), LNG projects, and upgrade projects of coal chemical downstream products. The two new energy and new materials industry projects are respectively green energy projects and tungsten-molybdenum rare earths. Material R&D and Manufacturing Base Project (Phase I).

It is reported that currently 13 of the 20 major industrial projects, including LNG projects, have started construction. After they are put into operation, they can increase annual sales revenue by 110.92 billion yuan and profits by 11.58 billion yuan.

In addition, the 170 major projects launched this time include 20 major service projects, with a total investment of 43.04 billion yuan; 20 major projects for the industrialization of independent innovation, with a total investment of 3.01 billion yuan; 10 major municipal transport projects, with a total investment 61.74 billion yuan; 100 major projects in districts and counties, with a total investment of 60.95 billion yuan.

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