Visit us
Language
Mobile
Search

Petrochemical Industry

Development Orientation Key Projects Investment Policy Investment Carrier Investment Projects

In 2024, the industrial added value of petrochemical enterprises above the designated size in Fujian Province grew by 7.5% year-on-year. Our province has 1,114 petrochemical enterprises above the designated size, generating a total revenue of RMB 538.04 billion. Fujian has now emerged as a major petrochemical hub in China. It boasts an annual production capacity of 45 million tons of oil refining, 5.9 million tons of ethylene, 5.4 million tons of paraxylene (PX), and 7 million tons of purified terephthalic acid (PTA). It leads the world in caprolactam production capacity, while its output of nylon and lithium hexafluorophosphate ranks among the highest globally and domestically. And it holds the fourth-largest ethylene production capacity in China.

Development Orientation

Advancing integrated and refined development, Fujian will focus on setting up two bases and one special zone (the Gulei Petrochemical Base, Meizhou Bay Petrochemical Base, and Jiangyin New Chemical Materials Special Zone). It will increase refining capacity, enhance the supplies of olefins, aromatic hydrocarbons and other raw materials, promote deep processing of petrochemical products, and develop plastics, rubber, and specialty chemicals. By 2025, the volume of the province’s petrochemical industry will reach RMB 1 trillion.

  • Basic Chemical Raw Materials

  • Deep-processed Petrochemical Products

  • Plastics and Rubber

  • Specialty Chemicals

Key Investment Promotion Projects

  • 130,000t/a Vinyl Cyanide Project in Gulei, Zhangzhou City
  • 2,000,000t/a PET Long Fiber Project in Gulei, Zhangzhou City
  • ABS Project in Quangang, Quanzhou City
  • Phenol/Acetone Joint Production Project in Quangang, Quanzhou City
  • VAE Emulsion & VAE Dry Powder Project in Quangang, Quanzhou City
  • IThe Tire Accessory Industrial Park Project in Xiuyu, Putian City
  • Phosphorus Catalyst & Phosphorous Chemical Project in Shaowu, Nanping City
  • Fluorine Chemical Industrial Base Project in Shanghang, Longyan City

    Newly construct 130,000t/a vinyl cyanide devices and the supporting public utilities and facilities. Estimated investment of RMB 1.5 billion.

    Newly construct 2,000,000t/a PET long-fiber device and accessory public utilities and facilities. Estimated investment of RMB 10 billion.

    Attract a 200,000t/a ABS project, with a covering area of 150mu. Estimated RMB 2 billion.

    A 350,000t/a phenol/acetone project will be attracted with a covering area of 150mu. Estimated investment of RMB 1.8 billion.

    A 500,000t/a VAE emulsion and 100,000t/a VAE dry powder project will be attracted, with a covering area of 300mu. Estimated investment of RMB 3 billion.

    Attract special-purpose rubber, tire test ground, auto wheel rim and other industrial chain projects with an aim to develop an industrial cluster of tire. Estimated investment of RMB 10 billion.

    Construct projects with an annual output of 10,000t phosphorous catalysts and high-end phosphorous chemicals with high-end organic fluorine. Estimated investment of RMB 360 million.

    Production enterprises of difluoromethane (R32), pentafluoroethane (R125), tetrafluoroethylene (TFE), polytetrafluoroethylene (PTFE), tetrafluoroethyl ether, tetrafluoroethyl diethylamine, difluoroethyl acetate, ethyl difluoroacetate, difluoromethyl pyrazole formic acid, pyraz-naphthylamine, lithium hexafluorophosphate and other products will be attracted. Estimated investment of RMB 530 million.

Investment Carrier

Investment Projects

More
Others
ABOUT US

Invest Fujian is a professional website to provide Invest Fujian policy, guide and service for foreign investor.

  • Address：

    No. 118 Tongpan Road，Gulou District，Fuzhou，China

  • Tel：

    +86-591-88605322 +86-591-88605316

  • Fax：

    +86-591-83839780

  • Email：

    tczx4@swt.fujian.gov.cn

  • Sponsor： Fujian Provincial Department of Commerce
  • Organizer： Fujian Investment Promotion Center
  • Copyright： Invest Fujian,China 闽ICP备14009608号-12
Baidu
map