On June 11, the Sinopec Oil & Gas (Taizhou) petrochemical integration project, with a total investment of approximately 10.2 billion yuan, was laid. The project mainly consists of 10 sets of main installations, supporting tanks and public works, which will be completed and put into operation in one-off in 2015. After the project is put into production, the average annual sales income will reach 30 billion yuan, and profits and taxes of 6.8 billion yuan will be created each year. At the appointed time, CNOOC Development and Utilization Company will form a series of high-quality lubricant base oils, chemical light oils, and refined fuel oils, supplemented by aromatics, solvent oil, liquefied gas, sulfur, coke, and liquid ammonia. .
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