On September 8, the signing ceremony for the high-end new materials project of Liaoning Dingjide Petrochemical Technology Co., Ltd. was held, marking the official landing of a large project with a total investment of 10 billion yuan in Dalian Changxing Island Economic and Technological Development Zone.
The high-end new materials project invested and constructed by the company this time is located in Xizhongdao Petrochemical Park, with a planned area of 1.133 million square meters and will be constructed in two phases. After the project reaches full production, the annual output value is expected to reach 11.8 billion yuan. According to reports, the project will rely on the resource advantages, location advantages, port conditions, and supporting advantages of Dalian Changxing Island (Xizhong Island) petrochemical base, use light hydrocarbon carbon dioxide as the source, and adopt green, environmentally friendly, and advanced production technology. The main product of the project, polyolefin elastomer (POE), is a high-end new material project supported and encouraged by the state and is widely used in electronics, automobiles, medical, new energy and other fields.
In recent years, the growth rate of major economic indicators such as GDP and fixed asset investment in Changxing Island has always been at the forefront of Dalian City, making it a region with high economic activity in Dalian. The implementation of this project will also fill the gap in Changxing Island’s petrochemical industry as a leader in lightweight raw materials, increase the richness of downstream high-end new material products, and provide strong support for the construction of a trillion-level green petrochemical industry cluster.