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The Green Petrochemical Industry in Tianjin High-tech Zone is Accelerating its Development

2025-1-10

Tianjin is promoting the high-quality development of the green petrochemical industry chain. There are currently 625 enterprises above the designated size, among which 27 are key enterprises. The construction of a world-class new chemical materials base in Nangang Industrial Zone is being accelerated.

Solid Foundation of "Three Chemicals Integration"
Tianjin is one of the few provinces and municipalities in China that combines petrochemical, salt chemical, and coal chemical industries. Adjacent to the Bohai Oilfield, the largest crude oil production base in China, Tianjin has gathered the three petrochemical giants, namely CNOOC, Sinopec, and CNPC. It has also cultivated Tianjin Bohai Chemical Industry Group, a local enterprise with a history of "a thousand years of salt industry and a hundred years of chemical industry", and attracted more than 10 global top 100 chemical enterprises such as BASF, PPG, and LG Chem. At present, Tianjin¡äs crude oil production capacity is 37 million tons per year, refining capacity is 21 million tons per year, ethylene output is 3 million tons, synthetic resin production capacity exceeds 3.2 million tons, and the output of major petrochemical products ranks among the top in the country.

Continuous Improvement of Supporting Facilities in 4 Areas and 10 Sub-chains
In recent years, the upgrading and construction of the green petrochemical industry in Tianjin has been advancing rapidly. Projects such as the 10-billion-level new materials base of Bohai Chemical Industry Group and the 260,000-ton polycarbonate project of Sino-Saudi have been fully operational; a number of projects such as Sinopec Nangang¡äs 1.2-million-ton ethylene project and the second phase of the relocation of "two chemical enterprises" are under accelerated construction. Tianjin focuses on four major areas, namely special olefin derivatives, advanced chemical materials, high-end fine and special chemicals, and high-end producer services, and centers on 10 sub-chains such as high-performance engineering resins and composites, electronic information materials, and electronic chemicals. It has introduced a number of high-value-added projects of leading enterprises £¬forming a development trend of integrated development with advantageous industries such as electronic information, equipment manufacturing, aerospace, and automobiles.

From January to October 2024, the output value of Tianjin¡äs green petrochemical industry chain reached 370.248 billion yuan, a year-on-year increase of 0.7%, accounting for 20.8% of the city¡äs total industrial output value above the designated size. The growth rate of added value was 4.1%, accounting for 50.5% of the city¡äs added value of industrial enterprises above the designated size. The completed investment was 50.109 billion yuan, accounting for 41.3% of the city¡äs industrial investment.