It was learned from the Dagang Petrochemical Industrial Park that the park relied on the petrochemical industry resources of the Binhai New Area, such as Dawei and Nangang Industrial Zone, to vigorously develop the petrochemical midstream and downstream industries. Last year, the park’s main economic indicators achieved double-digit growth. Up to now, the park has attracted 92 settled companies, 48 ​​investment companies and a total investment of 11.72 billion yuan. It is becoming a new engine for the rapid development of the petrochemical industry in Binhai New Area.
According to the person in charge of the park, last year the park firmly seized the opportunity of large-scale ethylene production and promoted the start-up and production of a number of major projects such as the second phase of Tianjin Luhua Chemical Co., Ltd. and nine sub-projects of the Tianjin Suihua Group Fine Chemicals Base. Driven by the big project and good projects, the actual domestic investment in the park last year completed 2.277 billion yuan and the introduction of foreign capital was 11 million US dollars; fixed investment was 3.15 billion yuan, an increase of 29% compared to the same period of last year; and the added value was 350 million yuan, an increase of 59% year-on-year.

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