Unit:
Fujian Fuyuan Petrochemical Warehousing and Development Co., Ltd. Jieshan Town People’s Government, Quangang District
Project Area:
quanzhou Quanzhou
Industry:
Petrochemical Industry
Type of Project:
New Project
Cooperation Mode:
Collaborate
Nature of Project:
Encourage
Working Progress in Prior Period:
none
Total Investment:
discussed in detai
Expected to Attract Investment:
discussed in detai
Benefit Analysis:
none
Reason and Condition:
none
Content and Scale:
It intends to introduce state-owned enterprises or social capital to develop the project though auction or cooperation.
Others:
none
Industry

Modern Chemical Industry

In 2025, Fujian Province had 1,123 above-designated-size petrochemical enterprises. The cumulative year-on-year growth in industrial value-added was 8.6%, and the petrochemical industry achieved an operating revenue of RMB 498.68 billion. The province's petrochemical sector adheres to a development path of "less oil, more chemicals," continuously extending the industrial chain towards chemical new materials and high-end fine chemicals. Several relatively complete industrial chains have been formed. The industry is primarily distributed in the Meizhou Bay Petrochemical Base (including Quangang Petrochemical Industrial Park, Quanhui Petrochemical Industrial Park, and Shimenao Chemical New Materials Industrial Park) in cities like Quanzhou, Zhangzhou, Fuzhou, and Putian; the Zhangzhou Gulei Petrochemical Base; the Fuzhou Jiangyin Chemical New Materials Zone (collectively referred to as "two bases, one zone"); and the Lianjiang Kemeng Chemical New Materials Industrial Park. The focus is on the layout of integrated refining and chemical projects and mid-to-downstream petrochemical chain projects. 9 enterprises, including Sinochem Quanzhou, Fujian Refining & Petrochemical Company, Fuhaichuang, Shenyuan New Materials, Gulei Petrochemical, Baihong Petrochemical, SanShu Paint, Wanhua Chemical (Fujian), and Zhongjing Petrochemical, have industrial output exceeding RMB 10 billion.