On December 14, Zhang Wei, President of Sinochem Group, upon the invitation by Lianyungang of Jiangsu Province, attended a conference to promote major projects in Jiangsu as well as the joint ground-breaking ceremony for the 100-billion projects in Lianyungang Petrochemical Industrial Base. Secretary of CPC Jiangsu Provincial Committee Lou Qinjian was present to announce the construction commencement of the projects.
In his speech, Zhang Wei said that Sinochem Group has developed a deep friendship and mutual trust with the governments at all levels in Jiangsu and Lianyungang throughout their long-term cooperation. The Sinochem Circular Economy Industrial Park in Lianyungang not only undertakes Sinochem’s historic mission of strategic transformation but also embodies the ongoing concern and support of state ministries and commissions, as well as the party committees and governments at all levels in Jiangsu. Sinochem and Jiangsu Province are expected to continue working hard together to promote the transformation and upgrade of China's petrochemical industry.
On that day, as witnessed by Zhang Wei and Wu Zhenglong, Xuwei New District entered into contacts with Yangnong Chemical Group on the “C3 industrial chain” project, with Sennics on the “polymer additive” project, and with Sinochem Plastics on the “lightweight materials” project.