Construction of the $10 billion ExxonMobil Huizhou Ethylene Project has achieved significant progress in Huizhou, Guangdong province, especially with the completion of the hoisting of the heavy tower, local authorities said.
Meanwhile construction of a first-class R&D center officially kicked off in Huizhou's Daya Bay in the eastern part of Guangdong.
It will be the first comprehensive research and development center outside ExxonMobil's North American headquarters, equipped with pilot plants, integrating product research and development, and process development , said authorities.
The ExxonMobil Huizhou Ethylene Project is being constructed in two phases.
The first phase of the project includes construction of a 1.6 million tons per year ethylene cracking unit, as well as middle and downstream high-end polyethylene, polypropylene and other production units and relevant supporting utilities, wharves, storage and transportation and environmental protection facilities.
It is intended to help alleviate a shortage of polyolefin-based plastic in the domestic market and reduce the dependence on imports of high-performance polyolefin products in the future.
Construction of the giant chemical project, which commenced in April, 2020, is expected to help build Huizhou, a Pearl River Delta city in the Guangdong-Hong Kong-Macao Greater Bay Area, in to a world-class green petrochemical production base in coming years, authorities said.