CNOOC Hainan Fine Chemicals Project is accelerating. At present, the first phase of the project has entered the peak period of civil construction. Construction of all buildings and storage and transportation equipment is completed, and some buildings have been capped. As of the end of April this year, the project has completed a total investment of about 690 million yuan, the total progress of 46.8%, the first phase of the project is expected to start production in March next year. This reporter learned from the CNOOC Eastern Petrochemical Project Team on the 21st.

The Hainan Fine Chemical Project, invested by CNOOC's wholly-owned subsidiary CNOOC Refining & Chemical Co., Ltd., is located in the Oriental Industrial Park and is constructed in two phases. The first-phase project investment is 4.356 billion yuan. The main product is liquefied gas. Naphtha and diesel blending components. The second phase of project construction investment 4.301 billion yuan, the main products are acrylonitrile, styrene and acetonitrile. As of the end of April this year, the construction of the main pipe of the first phase of the entire project was completed; the upper installation of the storage and transportation equipment was under intense pressure, and some tanks had been installed. Some of the major equipment bases have been completed. The prefabricated site for catalytic cracking (reactors, regenerators) on the critical construction line is ready and the tank material is on the ground and production will start soon. Construction of other facilities for water, electricity, gas, and steam is underway.

It is reported that the investment plan for the first phase of the Hainan Fine Chemicals Project is approximately 860 million yuan this year. There are three important milestone milestones in the first phase of the project this year. They are: “Complete the construction of major equipment foundations on June 30th” and “July 30th. Began to install the steel structure for the main gallery, and "the lifting of large equipment more than 80 tons will start on August 15." At present, the CNOOC Eastern Petrochemical project team has completed the research and deployment of annual milestones in terms of drawings, materials, construction preparations, and resource inputs to ensure the smooth implementation of the annual milestone targets.

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