The project has an investment of approximately 9.142 billion yuan, with the construction of three process units and supporting facilities, including a 1 mt/a ethylene unit, a 1 mt/apropylene unit, and a 1 mt/a C4 unit. The ethylene and propylene produced will be used entirely for the downstream new materials projects at Yangzi Petrochemical and Yibang Company.
The project and the downstream new materials project have a total investment of approximately 25.652 billion yuan. The downstream new materials project implements a strategy of refinement and high-end development, fully supporting the transformation and upgrading of the petrochemical industry.