Jiangyin Yuanfang Machinery Manufacture Co., Ltd , https://www.yuanfangmachine.com
The estimated total investment of the project is 23.497 billion yuan. It was approved by the National Development and Reform Commission at the beginning of 2006 and started construction in November of that year. It was completed and put into production on April 20 this year.
According to calculations, the annual sales of the project will increase by 30 billion yuan at full load, and the output value of the downstream industries will be more than 100 billion yuan, which will have a major impact on the Zhejiang economy.
Sinopec Zhenhai Refining & Chemicals Million Tons of Ethylene Projects Fully Run
Sinopec Group issued a press release on September 15, saying that its Zhenhai Refinery and Chemicals 1 million-ton/year ethylene project has achieved full-load operation and achieved a profit of 256 million yuan in August.