Recently, the Development and Reform Commission of Guangdong Province announced the plan for key construction projects in 2023, with a total of 1,530 provincial key projects arranged, with a total investment of 8.5 trillion yuan and an annual planned investment of 1 trillion yuan. There are 1,090 provincial key pre-project preparation projects estimated to have a total investment of 4.6 trillion yuan. Among them, there are 14 major petrochemical projects, with a total investment of about 294.5 billion yuan.
4 production projects with a total investment of about 4.672 billion yuan, including the first phase of the BASF (Guangdong) integrated project (new engineering plastics and thermoplastic polyurethane and supporting public works), Dayawan Zhongxin Chemical's annual production of 450,000 tons/year phenol-acetone project, Dayawan Yuxin Ketone and 1,4-butanediol project, and Dayawan Hongqiang Epoxy Ethane Derivatives and Polycarboxylic Acid Reducing Water Agent Project.
4 ongoing projects with a total investment of about 195.826 billion yuan, including ExxonMobil Huizhou Ethylene Project, BASF (Guangdong) integrated project, Donghua Energy (Maoming) Project, and Guangzhou Petrochemical Safety, Green, and High-Quality Development Technology Renovation Project.
7 new construction projects with a total investment of about 94.037 billion yuan, including CNOOC Shell Huizhou Phase III Ethylene Project, Refining Transformation and Upgrade and Ethylene Quality Improvement Project, CNOOC Shell Huizhou Phase III Ethylene Project Land Reclamation Project, ZK (Guangdong) Refining and Chemical Co., Ltd. No. 2 EVA project, Zhongxin 240,000 tons/year bisphenol A project, ZK (Guangdong) Refining and Chemical Co., Ltd. 100,000 tons/year butadiene rubber flexible device project, and ExxonMobil Daya Bay Research and Development Center Project.