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Changxing Island Accelerates Development of Green Petrochemical Industrial Base

by Geraldine S.
10/31/2024
in Supply Chain

The high-end petrochemical project by Liaoning Dingjide Petrochemical Co. Ltd., a leading supplier of polyolefin catalysts and chemical additives, is rapidly advancing in the Changxing Island Economic and Technological Development Zone in Dalian, Liaoning province. With a substantial investment of over 12 billion yuan ($1.68 billion), this project, launched in March, is expected to stimulate growth in green petrochemicals on Changxing Island.

Key structures have reached decoration stages, and essential public infrastructure, such as water and power supply facilities, along with operational docks, are progressing steadily. The construction of a significant wharf project has also commenced, marking a milestone for the island’s hydrogen-based energy hub.

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The project is backed by Dalian Xizhong Island Development Group, COSCO Shipping Investment Dalian Co. Ltd., and Dalian Menglian Petrochemical Co. Ltd., and will feature berths for liquefied hydrocarbons, chemicals, and oil. These additions will support COSCO Shipping’s logistics projects, the Dingjide project, and China General Nuclear Power Group’s operations.

Changxing Island, located northwest of Dalian, was elevated to a national development zone in 2010. It serves as a hub for economic development and industrialization strategies in Northeast China. Recognized as one of China’s leading petrochemical industry bases, the zone is dedicated to building a green, world-class petrochemical industry through investment promotion and innovation.

The Changxing Island (Xizhong Island) Petrochemical Industrial Base achieved a top-three ranking in economic output among national chemical industry parks in 2023, reflecting its influence in high-quality chemical production. With petrochemical industry output reaching 235.7 billion yuan, the base contributes over half of Dalian’s total output in this sector.

Following a year of intensive construction, the Hengli New Material Science and Technology Industrial Park has begun full-scale production. The park focuses on high-performance resins, functional polyesters, and butanediol, converting basic chemical products into advanced materials, with an expected annual output value of 110 billion yuan.

Throughout 2023, Changxing Island has supported supply chain optimization, industrial integration, and new industry developments, including hydrogen energy and energy storage. Milestones include the Dingjide POE high-end material project, the Huayi lithium battery project, and the launch of a biopharmaceutical industrial park.

Dalian Changxing Island continues to promote sustainable, low-carbon growth, recently earning the designation of “National Green Industrial Park.” The island aims to establish a trillion-level green petrochemical industry cluster, while also developing logistics bases for green ammonia, green methanol, and green aviation fuel, positioning itself as a regional leader in hydrogen-based energy.

Discover top supply chain news stories at The Supply Chain Report. For international trade resources, head to ADAMftd.com.

#GreenPetrochemical #SustainableIndustry #ChangxingIsland #ChinaPetrochemical #RenewableEnergy

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