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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
GUANGZHOU, July 15 (Xinhua) — Energy giant ExxonMobil on Tuesday commissioned its flagship chemical complex in southern China, the first major petrochemical project in the country that the U.S. company has wholly owned.
The move underscores ExxonMobil's confidence in the world's second-largest economy and comes amid China's ongoing efforts to promote high-level opening-up and attract foreign investment.
The first phase of the project, located in the Dayawan Petrochemical Industrial Park in Huizhou City, Guangdong Province, southern China, includes a flexible feedstock steam cracker with an annual capacity of 1.6 million tons of ethylene, a key ingredient in the production of plastics and fibers used in a wide range of products such as packaging.
The site also houses production facilities for high-performance polyethylene and polypropylene.
At the launch ceremony, ExxonMobil Senior Vice President Jack Williams called the complex a “new chapter” in the company’s long history in China and said the project would be a key element in developing a powerful petrochemical industry in Guangdong Province.
Construction of the complex in Huizhou began in April 2020 and includes two stages. -0-
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