To free up water resources for the **new area, Yanshan Petrochemical will be relocated to Caofeidian**

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According to a report by Caixin, official sources have recently confirmed that Sinopec’s Beijing Yanshan branch is set to relocate. The news was published on www.stcn.com on June 8. On June 6, Xu Kuangdi, head of the Beijing-Tianjin-Hebei Coordinated Development Committee and honorary president of the Chinese Academy of Engineering, revealed that Yanshan Petrochemical will be relocated in its entirety to Caofeidian. One of the reasons for the relocation of Yanshan Petrochemical is to free up water resources for the new area. “Since Yanshan Petrochemical uses water from the Taihang Mountains, the water saved as a result of the relocation will meet the water needs of the expanded area of **1,000 square kilometers. ”It said, “The Ministry of Water Resources has agreed to divert water from the Taihang Mountains directly to the **new area.” ”