CNPC Blue Sea New Materials Terminal officially commenced construction in Tongzhou Bay

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On November 26, with the piling ship Zhepu Gong 51 successfully driving the first pile, the CNPC Blue Sea New Materials Terminal officially commenced construction in Tongzhou Bay. The Blue Sea New Materials project is the largest single-project investment by CNPC in Asia, and it also serves as the flagship project for our city’s efforts to develop a landmark industry in the field of advanced materials. Leveraging CNPC’s advantages in upstream resources and refining technologies, as well as the favorable location of Tongzhou Bay, this project will initially focus on the development of high-end polyolefin materials, which is of great significance for promoting the advanced, intelligent, and sustainable development of the petrochemical industry in the Yangtze River Delta region. It is understood that construction of this project began in full scale in September 2024. The port project under construction will feature a new liquefied hydrocarbon berth with a capacity of 50,000 tons; the berth is 300 meters long, and its designed annual handling capacity is 1.1 million tons, which can be increased to 2.3 million tons in subsequent phases of development. As the port construction progressed, the Nantong Maritime Safety Bureau established a special task force to provide support and guidance, helping to optimize the construction plans and safety measures for vessel traffic. It also facilitated the geological surveys required for the port development as well as the dredging work related to waterways, thereby advancing the construction of the Xiaomiao Hongshang waterway by 80%, which laid a solid foundation for the smooth commencement of port construction. Project Name: Blue Ocean New Materials (Tongzhou Bay) Co., Ltd. High-End Polyolefin New Materials Project
Project Location: Within the Tongzhou Bay Green Chemical Industry Development Zone (Main Port)
Nature of Construction: New construction
Project Overview: Construction of 1 POE production facility with an annual capacity of 100,000 tons, 1 1-hexene/1-octene production facility with an annual capacity of 100,000 tons, 1 FDPE production facility (solution-based octene copolymerization) with an annual capacity of 200,000 tons, 2 EPDM production facilities with an annual capacity of 25,000 tons each, 2 hydrogen production facilities using electrolysis of water with a capacity of 1,000 standard cubic meters per hour, along with associated utility systems and auxiliary facilities. Total investment: 1,011,146 million yuan