Business / Companies

Construction of huge petrochemical plant begins in Dalian

By Zhang Xiaomin (chinadaily.com.cn) Updated: 2015-12-10 15:45

Construction of huge petrochemical plant begins in Dalian

Hengli's PTA production base produces 6.6 million tons of purified terephthalic acid per year. [Photo by Liu Changlu/chinadaily.com.cn]

"The PTA plant of Hengli is the largest, most beautiful and best managed one as I had ever seen in the world," said Christine Dupraz, vice-president of Axens, an international provider of advanced technologies to refine petrochemicals, gas and alternative fuels.

Axens is supplying all the critical key technologies for the crude refining and petrochemical integrated complex.

"Hengli will become a rally integrated company, going from crude oil to PTA," said Dupraz.

Located on the Liaodong Peninsula, Changxing Island is an important part of the Liaoning Coastal Economic Belt, which is enjoying favorable policies for rapid development.

The petrochemical sector, shipbuilding and ocean engineering, equipment manufacturing and port logistics are pillar industries.

It is building a world-class large-scale petrochemical industrial base.

According to Gu Qiang, deputy director of Dalian Changxing Island Economic Zone administration, the zone has attracted more than 240 major domestic and foreign investment projects, including nine of world top 500 enterprises, with total investment of nearly 500 billion yuan.

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