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    Description
    1 Million Tons/Year Ethylene Project of Shandong Dongming Petrochemical Group
     
    I Name of the project
     
    1 million tons/year ethylene project of Shandong Dongming Petrochemical Group
     
    II Introduction to the project unit
     
    Founded in 1987, Shandong Dongming Petroleum Chemical Group is a super-large petrochemical enterprise group integrating crude oil processing, petrochemical, chlor-alkali chemicals, fine chemicals, coal chemical, construction and installation, real estate development and logistics transportation. Its subsidiary Hengchang Chemical Group Corporation was listed on the Singapore Stock Exchange in 2007.It has continuously listed in “China’s Top 500 enterprises” since 2007.
     
    III Project content and scale of the construction
     
    The project has an annual output of 800,000 tons of ethylene, 100,000 tons of ethylene oxide, 60,000 tons of ethanolamine and 50,000 tons of ethyleneamines.
     
    IV Construction conditions of the project
     
    Relying on the existing resources of the Group, extend the industrial chain, and achieve efficient use of resources.
     
    V Total investment of the project
     
    $ 4.3 billion
     
    VI Market and economic benefit analysis and forecast
     
    After the project is put into production, the sales revenue in amount of 48.8 billion Yuan will be newly increased per year, and the profit in amount of 4 billion Yuan will be achieved.
     
    VII Ways of cooperation
     
    Cooperation, joint venture, sole proprietorship
     
    VIII Contact information
     
    Contact address: Commerce Bureau of Heze City
     
    Contact person: Xu Hui
     
    Post code: 274000
     
    -----by Department of Commerce of Shandong Province PRC

    Compass is a consulting & service agency for the corporations to enter Chinese market.
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  Compass foreign business service center (Abbrev. Compass) is a comprehensive agency that can provide one-stop service for foreign businessmen from around the world. It’s the professional agency that get the permission to establish by Chinese government. Compass provides one-stop agency services for foreign businessmen in China- investment, purchasing, joining electronic commerce platform and marketing.
  Compass will help the foreign businessmen’ to do their business operations in China easier. The professional teams that consisted of different realm experts will greatly shorten the time in different steps, reduce the business costs, and the business risk in the investment project in China.

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