Petrochemical Project Breaks Ground in TEDA Nangang Industrial Zone
Tianjin Dechuan Petrochemical Co., Ltd. broke ground on its comprehensive naphtha utilization project of 1.2 million tons per year in TEDA Nangang Industrial Zone on 20th September. With a total investment of about 1.38 billion yuan, the project will focus on building naphtha utilization facilities with capacity of 1.2 million tons per year to produce high-value petrochemical products such as benzene, toluene, and xylene. The project is expected to generate an annual output value exceeding 5 billion yuan at planned capacity. The completion will further extend TEDA’s petrochemical industrial chain and contribute to the development of Nangang Industrial Zone into a world’s first-class base for green and new chemical materials.
Founded in 2009, Dechuan Group specializes in the production, storage and logistics, and sales of petrochemical products. The company is a premium supplier to globally renowned enterprises such as CNPC, Sinopec, CNOOC, Shell, and Trafigura.