Foundation-laying ceremony for Fujian’s refining and chemical integration project

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On December 14, the groundbreaking ceremony for the Gulei Refining and Chemical Integration Project in Zhangzhou, Fujian was held on Gulei Peninsula. Sheng Huaren, Vice Chairman of the 10th Ren Da Conference and Vice President of the Cross-Strait Entrepreneurs Summit on the Chinese mainland; Chen Yunlin, Director of the Committee on Hong Kong, Macao, Taiwan and Overseas Chinese of the 11th National Committee of the CPPCC; Gong Qinggai, Deputy Director of the State Council Taiwan Affairs Office; Jiang Bingkun, Vice President of the Cross-Strait Entrepreneurs Summit on the Taiwan side; Fu Chengyu, former Chairman of Sinopec Group and Deputy Co-Chairperson of the Working Group for Promoting Cooperation in the Energy and Petrochemical Equipment Industry within the Cross-Strait Entrepreneurs Summit; Zhang Jianhua and Dai Houliang, Senior Vice Presidents of the joint-stock company; and Yu Weiguo, Acting Governor of Fujian Province, along with Zhang Zhinan, Executive Vice Governor, attended the foundation-laying ceremony. The Zhangzhou Gulei refining and chemical integration project is jointly developed by Fujian Refining and Chemical Co., Ltd. on the mainland and Xuteng Investment Co., Ltd. from Taiwan. In the first phase, it is planned to build a million-ton ethylene plant, along with 16 chemical processing units for downstream processing, as well as supporting facilities such as ports and thermal power plants. The project is expected to be partially completed and put into operation in 2018. All parties stated that the Zhangzhou Gulei petrochemical integration project is a model project for cross-strait cooperation; it helps to enable the two sides of the Taiwan Strait to complement each other’s strengths, achieve mutual benefit and common development. It holds great significance for promoting deeper integration of the petrochemical industries on both sides, working together to face international market competition, driving local economic development, and fostering peaceful development across the strait. It seems that various design institutes will be able to get their share again in the future.