Fangxiang Business
Introduction to Fujian Yongxu Petrochemical Co., Ltd.
Phone: +86-15659610960
Address: Shimen'ao Industrial Park, Dongzhuang Town, Xiuyu District, Putian City, Fujian Province
In 2020, due to the company’s development needs, the former “Fujian Jinjiang Petrochemical Co., Ltd.” was officially renamed “Fujian Yongxu Petrochemical Co., Ltd.” Fujian Yongxu Petrochemical Co., Ltd., established in 2012, is a wholly-owned subsidiary of Yongrong Holding Group and falls under the Aromatics Division. It is primarily responsible for constructing a 1.5 million-ton-per-year ethylene project using light hydrocarbon feedstock. The project is located in the Gulei Port Economic Development Zone, one of the nation’s seven major petrochemical bases. With a total investment of approximately 31.8 billion yuan, the project adopts internationally advanced patented technologies and represents a significant step taken by Yongrong Holding Group to extend its industrial chain and achieve integrated “oil-to-chemicals-to-fibers” production.
Fangxiang Business
Introduction to Fujian Yongrong New Materials Co., Ltd.
Fujian Yongrong New Materials Co., Ltd. was established on February 8, 2017, as a joint venture between Yongrong Holding Group and Shandong Dongming Petrochemical Group, with a registered capital of 500 million yuan. The company is located in the Shimeng’ao Industrial Park, Dongzhuang Town, Xiuyu District, Putian City, Fujian Province. The company plans to build a comprehensive utilization project for C3 resources with an annual capacity of 2 million tons. The total planned investment for the project is 35.4 billion yuan, covering an area of approximately 2,400 mu. The project will be developed in phases, with the first phase involving the construction of a 1-million-ton-per-year propane comprehensive utilization facility and downstream new material plants. The project will adopt advanced technologies and acquire and install related equipment and supporting facilities. Upon completion and commissioning, the project is expected to generate an annual output value of about 30 billion yuan and provide employment for more than 2,000 people.
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