CNOOC Ningbo Daxie Petrochemical Co., Ltd. Distillate Oil Phase VI Project
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Project Name: CNOOC Ningbo Daxie Petrochemical Co., Ltd. Distillate Oil Phase VI ProjectLaunch Date: November 06, 2025
Region: Zhejiang
Industry/Project Type: Chemicals and pharmaceuticals / Fuel processing such as petroleum and coal / Petrochemicals； Mineral extraction and processing/Oil and gas exploration, production, storage, and transportation/Oil and gas exploration project owner: CNOOC Ningbo Daxie Petrochemical Co., Ltd. Total investment amount: 1,018,418 million yuan. Current progress: The project has been approved for implementation. Location of construction: Taiping Village, Daxie Petrochemical Area, Beilun District, Ningbo City, Zhejiang Province. Scope of construction: Utilizing 300 mu of unused land within the Daxie Petrochemical complex, new facilities will be built for the production of 40,000 tons per year of ultra-high molecular weight polyethylene, 100,000 tons per year of polyolefin elastomers, 150,000 tons per year of products derived from butane, and 300,000 tons per year of high-end carbon materials; meanwhile, relevant supporting facilities will also be improved. In the long term, it is planned to utilize the surrounding land to build facilities for producing 100,000 tons per year of branched polyolefin elastomers and 300,000 tons per year of propylene oxide (CHPPO), along with related supporting infrastructure. Progress milestone: November 4, 2025 – Project registration has been approved. (Project registration)
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