I. Project Construction Unit
Dongying Port Economic Development Zone
II. Building Content and Scale
The project is a newly built project. The planned crude oil processing capacity is ten million tons/year petrochemical installment; production time is 330 days/year.
III. Project Foundation or Background
DYPEDZ is located in the hinterland of Shengli oilfield, where produces 30 million tons crude oil annually. At present, we start to implement the extension project of Dongying Port, and the 50,000 tons (compatible with 100,000 tons) oil terminals are under demonstration. The construction of oil terminals meets the requirement of large refining projects to import crude oil. Dongying Port and DYPEDZ will become crude oil import and processing base. Depending on the port and rich land resources, we can distribute 10 million tons and above large petrochemical projects.
IV. Estimated Investment and Economic Profit
Total investment: RMB 14 billion Yuan; of which fixed assets investment: 12 billion Yuan; circulating fund: RMB 2 billion Yuan. Plans to apply for bank loan: RMB 10 billion Yuan; the enterprise self-provides: RMB 4 billion Yuan.
Sales income: RMB 20 billion Yuan/year; Profits and taxes: 3 billion Yuan/year.
V. Supporting Facilities
In DYPEDZ, water, electricity, roads, communications and other supporting facilities are available for project construction.
VI. Way of Cooperation
Equity Joint Ventures, Contractual Joint Ventures, or Sole Foreign Investment
Editor:mpbdy
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