On the morning of February 18, Guangxi Hengyi New Material Co., Ltd. The commencement ceremony of the steel structure project was successfully held. This is another major progress since the start of the project in the front area of the factory, officially starting a new journey in 2023. Shen Fei, General Manager of Guangxi Hengyi New Material Co., Ltd., He Can, Deputy Manager of Engineering Department, Su Lunxing, General Manager of Guangxi Huayu Supervision Co., Ltd., Yao Rui, General Manager of China Chemical Engineering Third Construction Co., Ltd., He Liang, Project Manager and other leaders attended the meeting ceremony.
On February 15, Lin Guan, Secretary of the Municipal Party Committee and Secretary of the Party Working Committee of the Qinzhou Port Area of the Pilot Free Trade Zone, met with Fang Xianshui, Vice Chairman of Hengyi Petrochemical Co., Ltd., and conducted in-depth and friendly exchanges on strengthening cooperation.
Project Overview
Hengyi Qinzhou high-end green chemical and chemical fiber integration project is located in Qinzhou Petrochemical Park. The two phases of the project cover a total area of 2,500 mu. Hengyi Group will build a "Belt and Road" cross-regional cooperation and ASEAN-oriented high-end green chemical and chemical fiber integration in Qinzhou Port Chemical projects, construction of sub-projects such as caprolactam-nylon, PTA-polyester, etc., with a total investment of about 45 billion yuan. After the overall completion, it is expected to achieve an annual output value of about 50 billion yuan and tax revenue of about 4.5 billion yuan.
The project uses benzene as a raw material, and can transport the products of the Brunei refining and chemical project to Qinzhou Petrochemical Park as raw materials, so as to realize complementary advantages and resource sharing, and promote cooperation in the petrochemical industry of the two places. While realizing the linkage between upstream and downstream, domestic and overseas, Hengyi relies on the Beibu Gulf of Guangxi - the New Land-Sea Corridor in the west of the Pinglu Canal - the Brunei Economic Corridor, that is, "one corridor and two ports", to develop the "Belt and Road" in depth and build Hengyi culture The "dual base" construction pattern of Lai refining and chemical integration and Qinzhou high-end green chemical fiber integration will further carry out green petrochemical cross-border industrial chain cooperation and promote the development of cross-border industrial chains, supply chains, and value chains.
The first phase of the project, the caprolactam-polyamide industrial integration and supporting engineering project, has a total investment of 22 billion yuan and is planned to be completed and put into operation in 2024.
On July 7, 2019, Hengyi Group and the Qinzhou Municipal Government signed a high-end green chemical fiber integration project investment cooperation agreement in Nanning.
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