Project Name: 1.2 million tons / year naphtha reforming project
Area: 230 Mu
Total investment: 3 billion yuan
Annual output value: 6 billion yuan
Annual profit and tax: 1 billion yuan
Partner: CNOOC Dongfang Petrochemical
Project progress: the project has been approved, the land has been purchased, and the EIA and safety assessment will be completed by the end of June 2020.
Advantages:
1. The final section of the South China Sea condensate main network is ashore to the East, which can reach 150000 tons / year; Lingshui production capacity is 400000 tons / year.
2. The free trade port imports 2 million tons of condensate per year.
3. CNOOC Wenchang and Weizhou Oil have 3 million tons of crude oil resources.
4. It has formed upstream and downstream industrial chain with Dongfang Petrochemical and Yangpu ethylene, with mutual supply of raw materials.
Address: Dongfang Industrial Park, Hainan Province