21 projects in Shanghai Chemical Industry Park signed

Taking Innovation Transformation as Motive Force, Strive to Create "1+4" Industry Portfolio

On October 21 this year, the development and construction of Shanghai Chemical Industry Park has gone through 15 years. On the same day, the review of the 15th anniversary of the development and construction of Shanghai Chemical Industry Park and the signing ceremony of the “Innovation-driven Transformation and Development” project was held with a total of 21 projects with a total investment of 67 billion yuan. This marks the beginning of a new journey for Shanghai Chemical Industry Park to adjust its structure and scientific development in the next five years.

From this year onwards, Shanghai Chemical Industry Park will be driven by innovation and transformation to create a “1+4” industry portfolio, that is, taking the refining and chemical integration project as a leader to form four industrial chains of ethylene, propylene, carbon tetra, and aromatic hydrocarbons. Synthetic resin, synthetic rubber and synthetic fiber three new materials, as well as important chemical intermediates and high-end fine chemicals. Among the 21 projects signed this time, there are 11 projects with investment exceeding RMB 1 billion in the direction of new chemical materials and clean energy. Including Shanghai Huayi (Group) Co., Ltd. invested 11.6 billion yuan to build a package of acrylic acid, propane dehydrogenation, propylene and ABS; Bayer MaterialScience's polycarbonate expansion, MDI expansion, HDI expansion and other projects; Gaoqiao Petrochemical Phenol Acetone and EPDM project; carbon fiber project of Shanghai Hongte Chemical (Group) Company, and related projects of BASF, Evonik Degussa, INVISTA, Shanghai Secco, and Hanergy.

In addition, Gaoqiao Petrochemical Company, a subsidiary of Sinopec, will implement an upgrade adjustment plan in the Chemical Industry Zone and focus on the construction of an integrated refining and chemical project. In the next five years, the scale of investment in the chemical industry zone is expected to exceed 120 billion yuan, which will become a new growth point for Shanghai's industrial economic development.

It is understood that the Shanghai Chemical Industry Zone has undergone arduous pioneering during the “Ninth Five-Year Plan” period, comprehensive construction during the “10th Five-Year Plan” period, and put into operation during the “Eleventh Five-Year Plan” period. By September this year, the total investment for the project introduced has reached US$17.595 billion, completing the investment in fixed assets. RMB 95.932 billion; 42 foreign-funded enterprises were introduced, including 11 of the world's top 500 companies. In 2010, the region’s sales revenue was more than 87 billion yuan, of which the output value of new materials was as high as 23.48 billion yuan. At present, Shanghai Chemical Industry Zone has become the chemical park with the largest degree of openness in China and the highest level of economic globalization. It is also a national production base for chemical new materials and fine chemicals.

This year, the Shanghai Chemical Industry Park Management Committee puts forward a new goal: to strive to promote the leap-forward development of the economic scale and speed, quality and efficiency of the chemical industry zone, and strive to achieve the total industrial output value of 150 billion yuan by the end of the “Twelfth Five-Year Plan”; Forming a 60 square kilometer chemical industry zone on the northern bank of Hangzhou Bay, it has achieved 35 million tons of oil refining, 3.5 million tons of ethylene production capacity and 250 billion yuan of industrial output value, and has built a world-class petrochemical base and circular economy demonstration base with international competitiveness.

On October 21st, Li Yongwu, President of the China Petroleum and Chemical Industry Federation, and Ai Baojun, Vice Mayor of Shanghai attended the signing ceremony of the “Innovation-driven Transformation and Development” project in Shanghai Chemical Industry Park and delivered a speech. Li Yongwu pointed out that in the past 15 years, Shanghai Chemical Industry District has made remarkable achievements and has become a model and leader in the development of chemical industry parks across the country. He hopes that Shanghai Chemical Industry Park will continue to explore the development path of chemical parks with Chinese characteristics and provide healthy development for China's chemical industry parks. , play a positive role in guiding and demonstrating. The left picture shows the signing ceremony site.

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