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Sharing online news for discussion. To promote economic recovery, various regions have **intensely announced their investment plans for major projects in 2020**. To boost economic recovery, these regions have **intensely announced their investment plans for major projects in 2020**, and a wave of project investments is now underway, marking the start of a new round of project development. According to incomplete statistics as of March 20, four municipalities directly under the Central Government—Beijing, Shanghai, Tianjin, and Chongqing—three autonomous regions—Inner Mongolia, Guangxi, and Ningxia—and 14 provinces—Fujian, Guangdong, Guizhou, Henan, Hebei, Heilongjiang, Hunan, Jiangsu, Jiangxi, Shanxi, Shandong, Shaanxi, Sichuan, and Yunnan—have already released their investment plans for key project construction in 2020. Overall, based on the data currently available, among the key construction projects in China’s 31 provinces, autonomous regions, and municipalities in 2020: 22 provinces had a total of around 14,300 projects; 15 provinces had a total investment amount of approximately 37 trillion yuan, while 16 provinces planned to invest 6.57 trillion yuan in 2020.
Hainan Province: On March 17, the Hainan Provincial Development and Reform Commission issued the \"2020 Key Project Investment Plan for Hainan Province.\" In 2020, 105 key provincial projects were planned, with a total investment of 377.2 billion yuan, and the annual planned investment amounted to 67.7 billion yuan. The project categories cover 5 major groups, including the three key industries (tourism, modern service industries, and high-tech industries). Classified according to the project construction progress into 4 categories: 22 completed projects with a total investment of 71.8 billion yuan, and an annual planned investment of 16 billion yuan ; 63 projects are under continuation, with a total investment of 251.5 billion yuan; the annual planned investment is 37.2 billion yuan ; 20 new projects are set to commence, with a total investment of 53.9 billion yuan, and an annual planned investment of 14.5 billion yuan. In addition, 29 preparatory projects are planned, with a total investment of 64.8 billion yuan. Several petrochemical projects were selected, including Hainan Refining & Chemical’s 1 million tons per year ethylene project and Hainan Huasheng New Materials’ polycarbonate project; the details are as follows: 1. Hainan Refining & Chemical’s 1 million tons per year ethylene project, with a total investment of 2,810,000 million yuan ; 2. Hainan Huasheng 2x260,000 tons/year phosgene-free polycarbonate project (Phase I), total investment: 4,500,000 million yuan ; 3. Hainan Yisheng PTA Phase II project, total investment: 4,410.76 million yuan ; 4. Yangpu C5 and C9 Comprehensive Utilization Project, total investment: 1,400 million yuan ; 5. The wharf project associated with the 1 million tons per year ethylene and refinery expansion project of Sinopec Hainan Refining & Chemical Co., Ltd., with a total investment of 3,610 million yuan.
On March 9th, the Guizhou Provincial Development and Reform Commission, with the approval of the provincial authorities, released a list of the major projects and key initiatives in Guizhou for the year 2020. A total of 3,357 major provincial projects were identified, with an annual investment target of 726.2 billion yuan. The projects cover areas such as major infrastructure, key industrial development, and important livelihood projects. There are 410 projects in the completion phase, with an annual planned investment of 85.3 billion yuan; 1,402 projects are under continuation, with an annual planned investment of 425 billion yuan; 962 new projects are to be launched, with an annual planned investment of 191.1 billion yuan; and there are 583 projects in the preparation stage, with an annual planned investment of 24.8 billion yuan. The list of chemical-related projects is as follows: Projects under continuation: 1. Baiyun’s annual production line for 50,000 tons of high-performance polymer modification materials; 2. Sinopec Great Wall Energy Chemicals (Guizhou) Company’s 600,000 tons per year polyolefin production project; 3. Weng’an County’s 50,000 tons per year anhydride series production project. New projects: 1. Guanshanhu District’s Qianfeng High-Molecular New Composite Materials R&D and Manufacturing Base project; 2. Guiyang Economic Development Zone’s high-end foam aluminum new material production base project
Fujian Province: The Development and Reform Commission of Fujian Province released the plan for major projects in 2020, which includes 1,567 key projects with a total investment of 3.84 trillion yuan. Of these: 1,257 projects are under construction, with a total investment of 2.97 trillion yuan, and the planned annual investment amounts to 500.5 billion yuan ; There are 310 preparatory projects, with a total investment of 0.87 trillion yuan. These include a large number of chemical projects such as Quangang Baihong’s project for the annual production of 2.5 million tons of purified terephthalic acid, Tenglong Chemical (Zhangpu)’s project for the annual production of 260,000 tons of phthalic anhydride, and Lianjiang Shenyuan’s second-phase project for the integrated production of 400,000 tons of polyamides per year. 1. Carbon five and carbon nine separation and downstream new material project 2. Tenglong Chemical (Zhangpu) 260,000 tons/year anhydride project 3. Lianjiang Shenyuan Phase II: 400,000 tons/year integrated polyamide production project 4. Zhongjing Petrochemical polypropylene thermoplastic elastomer project 5. Lianjiang Shenma Phase II expansion: 200,000 tons/year ** project 6. Fujian Lijia Chemical Fiber differentiation project 7. Fuzhou Kelin eco-friendly project for producing 200,000 tons/year epichlorohydrin and 120,000 tons/year epoxy resin via glycerol method 8. Lianjiang Shenma 200,000 tons/year ** project 9. Gulei Refining and Chemical Integration Phase I project 10. Zhangzhou Qimei Chemical: total annual production of 450,000 tons of ABS and AS 11. Gulei Zhongyi fine petroleum chemicals project 12. Gulei Xinyang Technology 200,000 tons/year unsaturated polyester resin project 13. Gulei Haishunde flue gas denitration catalysts and related projects 14. Sinochem Quanzhou ethylene and refining expansion project 15. Quangang Baihong 2.5 million tons/year purified terephthalic acid project 16. Jinjiang Yijin 566,000 tons/year new type functional fiber project 17. Jinjiang Baihong 330,000 tons/year differentiated chemical fibers, 250,000 tons/year polyester industrial filaments, 250,000 tons/year functional polyester films project 18. Quangang United Petrochemical 300,000 tons/year alkylation unit project 19. Jinjiang Baihong 5,000 tons/year ES fiber project 20. Fujian Yongrong Petrochemical caprolactam project 21. Putian Polyamide 6 (PA6) chips project (Phase II)
It seems that Hu Jian is about to become a major province in the petrochemical industry
On March 12, Shandong Province’s official website issued the \"Notice from the People’s Government of Shandong Province on Announcing the List of Major Provincial Projects for 2020\" (hereinafter referred to as the \"Notice\"), which listed the major construction projects in Shandong Province for 2020 as well as the major projects that were to be prepared in that year. The main chemical industry projects include: 1. Phase I of the Yulong Island integrated refining and chemical processing project (with an annual oil refining capacity of 20 million tons); 2. The nylon new material project of Tianchen Qixiang New Materials Co., Ltd. (with an annual production capacity of 200,000 tons of nylon new materials); 3. The high-performance SBS resin project of Lihua Yi Lijin Refining and Chemical Processing Co., Ltd. (with an annual production capacity of 400,000 tons of high-performance ABS resin and 171,000 tons of acrylonitrile); 4. The high-performance polypropylene project of Qingdao Jinneng New Materials Co., Ltd. (with an annual production capacity of 900,000 tons of high-performance polypropylene); 5. The technical upgrade project for the styrene production chain of Shandong Qiwangda Petrochemical Co., Ltd. (involving technical improvements to a facility with an annual styrene production capacity of 500,000 tons); 6. The project to improve the quality of refined adipic acid, as well as to produce amide and nylon new materials, by Shandong Hualu Hengsheng Chemical Co., Ltd. (with an annual production capacity of 166,000 tons of refined adipic acid, 250,000 tons of caprolactam, and 500,000 tons of nylon 6 chips); 7. The resource utilization project of Shandong Jinhai Chemical Co., Ltd. (with an annual production capacity of 400,000 tons of high-density polyethylene)
At the beginning of January in Sichuan Province, after approval by the province’s executive meeting, the \"List of Key Projects for 2020\" was officially issued. In 2020, the province identified 700 key projects in total, with a planned total investment of around 4.4 trillion yuan, and an annual investment amount expected to exceed 600 billion yuan. Among them, there are 484 projects under continuation, with a total planned investment of 3,538.87 billion yuan; an investment of 503.04 billion yuan is expected in 2020 ; 216 new projects are set to commence, with a total planned investment of 905.41 billion yuan; an investment of 115.5 billion yuan is expected in 2020. Chemical-related projects include: 1. The ethylene oxide industry chain in Daying, Suining City, with a total investment of 1.8 billion yuan, featuring 8 production lines and related supporting infrastructure ; 2. Wanhua Chemical’s project in Meishan City, which involves the production of 250,000 tons per year of high-performance modified resins (Phase I), has a total investment of 1.36 billion yuan. It includes facilities for producing 100,000 tons per year of modified polypropylene resins, 100,000 tons per year of water-based resins, 50,000 tons per year of modified PC resins, as well as utility and auxiliary facilities.
Jiangsu Province: Recently, the Development and Reform Commission of Jiangsu Province issued the \"Jiangsu Province 2020 Major Project Investment Plan\", which outlines 240 major provincial projects, including 220 projects to be implemented and 20 projects in the reserve stage. The 220 projects under implementation include 117 new projects scheduled to start and 103 ongoing projects; the annual planned investment amounts to 541 billion yuan, an increase of 8 billion yuan compared with the previous year. Specifically, it is divided into five categories: First, 20 innovation platform projects are planned, with an annual investment of 8.7 billion yuan. Second, 130 industrial projects have been planned, with an annual investment plan of 185.1 billion yuan. Among them, there are 70 projects in strategic emerging industries, 20 in advanced manufacturing, 35 in modern service industries, and 5 in modern agriculture. Third, 13 ecological and environmental protection projects have been planned, with an annual investment of 30.1 billion yuan. Fourth, 10 livelihood projects have been planned, with an annual investment of 95.8 billion yuan. Fifth, 47 infrastructure projects have been planned, with an annual investment of 221.2 billion yuan. The projects under implementation include 5 major high-end chemical projects, namely: Lianyungang Shenghong integrated refining and chemical complex, Lianyungang Sinochem high-end fine chemicals project, Rudong Tongkun PTA project, Lianyungang Sabon propane industrial base, and Lianyungang Xinhai Petrochemical propane comprehensive utilization project. It is worth noting that in order to effectively strengthen work related to safety production, Jiangsu Province has specifically established a category dedicated to this area, and has allocated funds for two projects: the Provincial Fire and Emergency Rescue Training and Support Base, and the safety and environmental protection emergency rescue facilities at the Lianyungang Petrochemical Base. The reserve projects include two chemical projects: the comprehensive utilization of ethane at Lianyungang Satellite Petrochemical, and Sinochem’s green plant protection agents in Rudong.
The projects in Jiangsu are not small-scale projects
On March 10, the Shaanxi Provincial Development and Reform Commission officially released the plan for key provincial projects for 2020, identifying 600 such projects to be carried out. Of these, 312 are ongoing projects, 188 are new projects that will begin construction, and 100 are projects in the preliminary stage. The total investment in these projects amounts to 3.4 trillion yuan. In the 2020 provincial key project plan, several coal chemical, petrochemical, and energy projects were selected: