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In the first half of this year, Zhejiang Petrochemical contributed about 4.
5 billion yuan in profit and more than 27.
54 billion yuan in revenue
.
It is reported that the second phase of Zhejiang Petrochemical's 20 million-ton refining and chemical integration project is scheduled to be put into operation at the end of 2020, and the overall construction will be completed in 2021.
The second phase of polyolefin products will be put into production in 2021
.
Zhejiang Petrochemical will be the largest ethylene production base in China with a medium-term plan of 4.
2 million tons of ethylene and a long-term plan of more than 8 million tons of ethylene production capacity
.