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On August 10, the Shandong Branch of China Chemical Engineering No.
6 Construction Co.
, Ltd.
represented the company and Lihua Yilijin Refining and Chemical Co.
, Ltd.
on the 1 million tons/year olefin aromatics joint project and 400,000 tons/year high-performance ABS resin integration project Construction officially signed the construction contract, the project contract value is 1.
35 billion yuan
.
The signing of the contract marks the official conclusion of the negotiation and negotiation on the final contract scope, contract duration and other related matters.
This project has become the petrochemical project with the largest scale and the highest contract value among the installation projects undertaken by Shandong Branch in the history.
The lack of performance in the construction of olefin and aromatic hydrocarbon plants has accumulated valuable construction experience for the company to undertake such projects in the later stage
.
This project is a new project of Lihua Yilijin Refining and Chemical Co.
, Ltd.
It is located in Lijin County, Dongying City, Shandong Province.
It covers an area of about 2,000 mu and has a total investment of about 9 billion yuan.
It will be fully put into operation by the end of 2021.
The sales revenue is about 17.
4 billion yuan, and the profits and taxes are about 4.
4 billion yuan, which not only stimulates the local economic development and creates employment opportunities, but also makes a huge contribution to the production of chemical raw materials such as ethylbenzene and propylene, which have a large domestic market gap and high added value
.