Recently, the Yingkou City Economic and Information Technology Commission stated that the petrochemical industrial cluster of one of the province's key industrial clusters is the Yingkou Xianrendao Energy and Chemical Industry Zone. As of now, the park has completed a total investment of 22 billion yuan, and the initial infrastructure construction has been fully completed. 300,000 tons of crude oil terminals, product oil terminals, and liquid chemical terminals have been put into use.
The park has now settled 73 enterprises, including 13 enterprises above designated size. There are mainly backbone companies such as Zhonghai Asphalt (Yingkou) Company, Huajin Group Yingkou Storage & Transportation Company, Yingkou Kanghui Petrochemical Company, and CNOOC Yingkou Natural Gas Company. In 2011, sales revenue reached 9.63 billion yuan. In 2012, sales revenue is expected to reach RMB 12.5 billion.
During the “Twelfth Five-Year Plan†period, Yingkou Petrochemical Industrial Cluster will focus on the development of petrochemical industry, forming a clustered development pattern integrating oil refining, ethylene, aromatics deep processing, chemical new materials and other related industries. Relying on the advantages of the port, CNOOC's re-transmission of asphalt, polyester of Jiangsu Hengli Group, and Yingkou Hualong Asphalt Company's modified asphalt, the Xianrendao Energy and Chemical Industry Zone has been built into an important energy and petrochemical industrial base in northern China. By 2015, sales revenue is expected to reach 30 billion yuan.
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