¡ù Project Introduction
¡ù State preferential Policies
¡ù 1: Large-scale Oil Storage plant (5MT)
¡ù 2: 8MT/Y HeavyOil Deep Processing Plant
¡ù 3: 2MT/Y Heavy Traffic-road Asphaltum Plant
¡ù 4: 1.6 MT/Y Delay Coking Plant
¡ù 5: 2 MT/Y Heavy Oil Deep Catalytic Cracking plant
¡ù 6: 1.5 MT/Y Hydrogenation Cracking Plant
¡ù 7: 0.06MT/Y Ethyl Benzene Plant
¡ù 8: 0.1 MT/Y Polypropylene Plant
   
 
Project Introduction
 
   Our company are going to build three main plants, more than the deep processing plants and auxiliary utilities. The project is one of the outside attract investments projects of Yingkou Energy Resource Area of Liaoning Province .
   The following plants are going to be built:
   Heavy oil desulfurizing and dehydration plant (8MT/Y), Heavy traffic-road asphaltum plant ( 2MT/Y), Heavy oil delay coking plant (1.6MT/Y) , auxiliary plants , utilities and oil storehouse (5 million stere).
  
   The project has been approved by Province and City Development and Reform Committee ( LDRC for short).
   Government pagers issued by Liaoning Development and Reform Committee :
   LDRC No.2005-947: Ratification of proposals for the 2MT/Y Heavy traffic-road asphaltum project and its auxiliary plants of Liaoning Jiaxing Hongtai Petrochemical Ltd. Company.
   LDRC No.2005-966 : Ratification of proposals for the 1.6MT/Y Delay coking project .
   LDRC No.2005-967: Ratification of proposals for 2MT/Y Heavy oil catalytic cracking project and its auxiliary plants.
  
   Our project has been placed as one of Liaoning 100 Important Investment Projects in 2006. It has been placed in Yingkou City ¡° The Eleventh Five-year ¡° Development Plans . The above mentioned projects total investment is 12.42107 billion RMB. The project floor area is 3.4 sq.km .The construction period is three years.
  
   Our company has finished correlative land requisition procedures (Gaizhou City Planning and Construction Committee¡¯s paper No.2005-08 [Project Site Selection Position Book ] , No.2006-05 [Planning License of Construction Land] )
   Now our company is doing the works of working drawing design, leveling land , geological prospecting , environment evaluating , fire safety evaluation and safety evaluation and etc.
  
   The whole petrochemical development construction project floor area is 3.4 sq.km . After the project is built and put into production , average gross sales is 26.48205 billion RMB a year . average retained profit is 1.77054 billion RMB. The investment callback period is 7.62 years.
  
   The project locates in Liaoning Yingkou Coastal Industry Base . Liaoning Yingkou Coastal Industry Base is a large-scale competitive industry base which is being planned to build . The 0.3MT natural nonfreezing wharf which is being built will be put into use formally in October , 2008.
  
   The coastal industry base locates in the center of northeast economy circle, on the northeast of Bohai Liaotung Gulf . This place is the combining site of Liaoning middle cities economy area and Liaotung peninsula economy area . The highways and railways are unblocked. The transportation by sea is convenient . The goods can be transported quickly and easily. At the same time , the project is strongly supported by province and city local government on tax polities and construction.
  
   Relying on the preferential polities , convenient place , successful management ,outstanding leader team and cooperative staffs, Liaoning Jiaxing Hongtai Petrochemical Ltd. Company adopts the manners of stock financing, project financing and return ratio and look for cooperation with foreign investment companies and private investors .
  
 
 
   
 
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