In the afternoon of March 30, the cooperation agreement for the phase I project of Sinochem International Fine Chemical Circular Economy Industrial Park was signed between Sinochem International and Xuwei New District of Lianyungang, which marks official settlement of Sinochem Fine Chemical Industrial Park Project in Xuwei New District. Feng Zhibin, Vice President of Sinochem Group and Board Chairman of Sinochem International Corporation, Liu Hongsheng, General Manager of Sinochem International Corporation, Cheng Xiaoxi, Deputy General Manager of Sinochem International Corporation and Board Chairman of Jiangsu Yangnong Chemical Group Co. Ltd, Yang Xingshi, Secretary of Lianyungang Municipal Party Committee, Mayor Xiang Xuelong and others attended the signing ceremony.
Feng Zhibin said that Sinochem International owned by Sinochem Group is a state-holding listed company with core competitiveness in the fields such as fine chemicals, agrochemicals, chemical logistics and natural rubber. The cooperation with Lianyungang City will be bound to enable both sides to realize their respective advantages, speed up promoting the international development strategy of Sinochem International, and boost the rapid development of Lianyungang’s economy.
Xiang Xuelong introduced the economic and social development of Lianyungang. He said that the strategic position of Lianyungang is important. It is an important node city of the new Eurasian Continental Bridge Economic Corridor and core area as well as pilot area established on the intersection area of Jiangsu "the Belt and Road". At present, Lianyungang is in a critical period of accelerating the development, with more mature condition for late-development but early achievement. Lianyungang will make arrangements in accordance with the central and provincial decisions, and actively seize the valuable opportunities of multiple overlapped national strategies to create a favorable condition for industrial agglomeration and the development of enterprise cluster. The project settlement of Sinochem Group is bound to be beneficial to promote the development of Lianyungang coastal areas, and build a national petrochemical industry base. Lianyungang will actively create first-class investment and development environment for the project’s landing and enterprise’s development, striving to achieve a mutually beneficial and win-win situation.