Binjiang Chemical Industry Park upgrades speed up

    On August 20, Jiang Xinyao, director of the Administrative Committee of the Changzhou New North Industrial Park in Jiangsu, said in an interview with reporters that the Changzhou Binjiang Chemical Industrial Park, a professional chemical park with full development of resources along the Yangtze River, is accelerating industrial upgrading and product upgrading. At the same time, a number of major projects are progressing smoothly.
    Binjiang Chemical Park is one of the key parks in Changzhou New North Industrial Park. The total planning area of ​​the park is 15 square kilometers. The goal is to create an industrial concentration area for downstream processing of petrochemical downstream products and products. At present, the first phase of the park has basically completed the development of 8 square kilometers, and a number of scale products have been formed, such as styrene, expanded polystyrene, ABS, polyethylene terephthalate, polyvinyl chloride, phenol, acetone, and cis Anhydride, phthalic anhydride, unsaturated polyester resin, biochemical and other product lines. In 2009, the total industrial output value of the park reached 15 billion yuan.
    According to Jiang Xinyao, Binjiang Chemical Park, which started in the 1990s, is at the crossroads of development as many domestic chemical parks. At the beginning of the development of the company, it sacrificed some environment and resources, and now transforms the economic development mode and promotes the transformation of the company. The upgrade is very important. The park entrusted the Petroleum and Chemical Planning Institute with the “Changzhou Binjiang Chemical Park Chemical Industry Structure Adjustment Plan”, and will adjust the park industry according to the plan.
    At present, while the park is undergoing industrial upgrading and product replacement, a number of major projects are progressing smoothly. According to Jiang Xinyao’s introduction, CNPC’s investment in a chemical product production base project with a total investment of RMB 20 billion is now undergoing application for approval, and it is expected that the project will start at the end of the year. The project includes the production of 300,000 tons of fuel ethanol and 170,000 tons of polycarbonate and 1 million tons of paraxylene per year using imported dried cassava as raw materials. These projects are expected to be fully operational after two to three years. In addition, the Changzhou Smart Grid Industrial Park with a total investment of 20 billion yuan and the electrical equipment inspection center with a total investment of 1.43 billion yuan by the State Grid Corporation of China have laid the foundation stone.
    China Resources’ PET production capacity for food packaging materials will reach 600,000 tons by the end of this year, and PET production will reach 1 million tons by 2012. Macau Xinyang Group has acquired 6 companies in the park in the past two years. While upgrading its products, it has continuously increased investment. It is expected that sales will reach 10 billion yuan by the end of next year. In addition, a large-caliber steel pipe project for oil and gas transmission built by a French company that invests 300 million U.S. dollars has officially started construction.

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