Two Bases of Sinopec Settle down in Nangang
Recently, Sinopec Research Institute of Petroleum Processing (Tianjin) Technology Development Co., Ltd. and Sinopec Research Institute of Petroleum Engineering (Tianjin) Technology Development Co. Ltd. were founded in TEDA. With a total investment of 1.959 billion yuan, the two enterprises will build Tianjin Science Testing Base and Oilfield Chemical Additives Research Pilot Testing Base to give a big boost to the R&D and innovation of green petrochemical industry in TEDA and Tianjin.
Nearly 1.6 billion yuan will be invested in Tianjin Science Testing Base for the transformation and upgrading of petroleum refining technologies, the pilot magnification of relevant technologies on new energy, new material and circular economy, and the establishment of pilot-test technology platform of green and low-carbon energy petrochemicals.
Oilfield Chemical Additives Research Pilot Testing Base will be built in two phases. Phase-1 is for the achievement verification, product pilot test, industrial experiment and engineering simulation of oilfield chemicals, with approximately 359 million yuan.