Sichuan invested 800,000 tons of ethylene project, the largest chemical project in Sichuan, and achieved substantive breakthroughs in its preliminary work. The application report for project approval has been reviewed by the expert group of China Consulting Group. At present, the project is undergoing internal review by the National Development and Reform Commission.

Ethylene production is an emerging industry that uses oil and natural gas as raw materials. It is characterized by rapid growth, high profits, and large market demand. It is understood that since 1989, Sichuan Province has been building large-scale petrochemical projects as a major strategic project for the adjustment of industrial economic structure, and has long insisted on doing preparatory work. The 800,000-ton ethylene project has important implications for optimizing the layout of China's oil industry, filling the gap in the petrochemical industry in the southwest, and alleviating the contradiction between supply and demand of petrochemical products in Sichuan and Southwest China.

The project is located in Longfeng Town and Jiuzi Town, Pengzhou, Sichuan Province. It covers an area of ​​226 hectares, with a total investment of 21.23 billion yuan, and an annual output of 800,000 tons of ethylene and synthetic rubber and other chemical products.

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