Recently, news came from the Yangpu Economic Development Zone in Hainan Province that a batch of petrochemical projects will soon be completed and put into production in the development zone, with an investment of more than 3 billion yuan. It is understood that in 2012, Yangpu was included in the Hainan Province key projects in 23 projects, a total investment of more than 900 billion yuan, 15 projects continued to build, 8 new projects. Among them, the 2.1 million tons/year refined terephthalic acid project with a total investment of 4.54 billion yuan has completed a total investment of 3.5 billion yuan, and is expected to be put into trial production by the end of June; the project will have a total investment of 1.5 billion yuan for a 1 million tons/year multi-purpose sheet project. The accumulated investment of 643 million yuan has been completed and trial production is expected by the end of August. The 3 million tons/year liquefied natural gas project with a total investment of 6.5 billion yuan and the 600,000 tons/year polyester raw material project are being pushed forward.
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