Dalian Ligong Safety Equipment Co.,Ltd
On the afternoon of March 15, the signing ceremony of the cooperation agreement between Zhejiang Satellite Petrochemical Co., Ltd. and the U.S. Energy Transfer Company and the British Voyager Gas Transport Company was held in Beijing.
On the same day, Yang Weidong, chairman of satellite and petrochemical, signed the ethane supply agreement and the Memorandum of Understanding on ethane transportation with McKie McCrea, president of U.S. Energy Transportation Corporation, and David Butters, chairman of the British navigator gas transportation company. "" marks the official opening of all-round cooperation between the three parties.
Satellite Petrochemical stated that the signing of this agreement is the first official contract for the importation of ethane in the history of Sinopec's development and is of great significance as a milestone, signifying the substantial launch of the satellite petrochemical investment project in Lianyungang.
After more than a year of preparation and negotiation by the two sides, satellite petrochemical will import about 3 million tons of ethane annually into its new ethane cracking plant, with a total trade volume of nearly 100 billion yuan. The British Voyager Gas Transport Company will provide ethane construction projects for both parties. Transportation security. The ethane supply agreement and the transport memorandum of understanding signed this time, together with the warehousing and logistics facilities jointly constructed by satellite petrochemicals and the U.S. energy transportation company, the three contracts became one, forming a complete value chain, which enabled the US ethane to successfully reach the satellites. Petrochemical's new project base.
Zhejiang Satellite Petrochemical Co., Ltd. is a large-scale state-level high-tech enterprise that integrates research and development, production, sales, and port logistics of petrochemical products. It is the first listed company with a market value of 10 billion yuan that has a complete C3 industrial chain. The company entered Xujing New District in October last year and plans to build a 3.2 million tons/young hydrocarbon comprehensive processing and utilization project with a total investment of 33 billion yuan in Xujing New District.
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