Over 80 Billion Yuan! This Petrochemical Major Project's 32 Sets of Units Have All Been Completed!

Recently, Gansu International Logistics Group Supply Chain Company has reached a direct purchase cooperation agreement for PVC with Qinghai Salt Lake Haina Chemical Co., Ltd. and Qinghai Salt Lake Magnesium Co., Ltd., subsidiaries of China Salt Lake Industrial Group. The first batch of 2,500 tons of PVC products has partially been distributed at the Lanzhou Zhongchuan North Station Logistics Park and will subsequently be sold to pipe processing enterprises in surrounding areas. Another portion will be transported via the railway trunk line to Zhejiang for sale in the East China region.

Recently, the Huajin Aramco Petrochemical and Raw Material Engineering Project has reached a significant milestone with the mechanical completion of all 32 major production units, including a 15 million tons per year atmospheric and vacuum distillation unit, a 5 million tons per year residue hydrocracking unit, and a 3.7 million tons per year diesel hydrocracking unit, successfully achieving the annual target. The Huajin Aramco Petrochemical and Raw Material Engineering Project commenced on March 29, 2023, with a total investment of 83.7 billion yuan, primarily constructing 32 process units including a 15 million tons per year refinery and a 1.65 million tons per year ethylene unit.  

Recently, the completion ceremony for Guangxi Huayi Energy Chemical Company's 1 million tons/year Methanol-to-Olefins (MTO) unit was successfully held, marking the smooth completion of the high-standard handover. This handover is an important milestone in the project construction, indicating that the main unit and supporting projects have been fully completed in accordance with design requirements, and officially entering the production preparation and trial operation phase. The Methanol-to-Olefins (MTO) unit, as the leading project of Huayi's Qincheng Phase III, is the core facility of the Huayi Qincheng base. The high-standard completion of this unit will help Guangxi Huayi Energy Chemical extend from "C1, C2 basic chemical products" to the "downstream high-end polyolefin industry chain," laying a solid foundation for the coordinated development of the industrial chain at the Huayi Qincheng base.

Data shows that in 2025, the Indian consumer electronics market will exhibit a clear trend of upgrading, with not only a continuous expansion in sales scale but also characteristics of high-end development and regional balance. Amazon India points out that as consumers' purchasing power and awareness levels increase, second- and third-tier cities have become significant growth drivers for categories such as smartphones, laptops, large home appliances, and home entertainment devices. In 2025, high-end products will be one of the most prominent trends in the market. Ultra-high-end laptops (priced over 100,000 rupees) will see a year-on-year growth of over 30%, high-end tablets (priced over 30,000 rupees) will grow by 60%, with 75% of sales coming from first-time buyers; high-end smartwatches (priced over 10,000 rupees) will experience a year-on-year growth of 40%.

On December 29, regarding the rumor that "BYD will launch flying cars," Li Yunfei, General Manager of BYD Group's Brand and Public Relations Department, stated, "This information is false! We have no such plans or arrangements."