Construction begins on the Zhongneng Advanced Chemical Materials Industrial Park project in Qianjiang, Hubei, with an investment of 12.6 billion yuan

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The total area of the China Energy New Chemical High-End Materials Industrial Park project is 2,202.27 mu. The construction scope includes a 250,000-ton/year propylene-isobutane normal paraffins combined plant, a 130,000-ton/year maleic anhydride plant, a 30,000-ton/year dimethyl disulfide (DMDS) plant, a 450,000-ton/year ethylbenzene plant, and a 200,000-ton/year propylene oxide-450,000-ton/year styrene (POSM) combined plant, among others. It is reported that once the project is completed, it will generate annual sales revenue of 16.9 billion, annual taxes and profits of around 2.26 billion, and create nearly 2,000 new jobs. This project features a high level of technical complexity; its main product is a key raw material for biodegradable plastics, which are promoted by environmental protection agencies. It also offers advantages such as energy savings and reduced consumption, and its applications are extremely wide-ranging – various products derived from it can fill the gaps in the domestic market. The company will further refine and expand its petrochemical industry chain layout, aiming to achieve the goal of \"reducing oil production and increasing chemical products.\" This will result in an industrial structure that features a wider range of products, higher-level technologies, and greater competitiveness, with \"oil at the beginning, chemicals in the middle, and refined products at the end.\" This approach will significantly change the situation in which certain chemical products are highly dependent on imports, help meet the demands of the domestic market, and greatly enhance economic and social benefits. Qianjiang is a city directly under the administration of Hubei Province. It is located in the central-southern part of Hubei Province, in the heart of the Jianghan Plain. The Jianghan Oilfield, one of the top ten oil fields in China, is found within its territory. Qianjiang is known as the \"hometown of Cao Yu, the oil city of Jianghan, a garden-like water town, and the hometown of lobsters.\" It has been awarded titles such as **Hygienic City**, **Garden City**, **Model City for Greening**, **National City for Water Ecological Civilization**, and **City that Has Met the Standards for Building a Water-Saving Society**.