What's up, tech fam? 🚀 Today's headline: CNOOC just flipped the switch on a massive integrated refining and petrochemical complex on Daxie Island in Ningbo, Zhejiang Province on the Chinese mainland. Budget? A cool 21 billion yuan (~$2.93B)! 💸
This isn't your grandma's plant—this complex can churn out over 10 million tonnes of olefins (the building blocks for plastics, coatings, and more!). 🌱 Think EV battery casings, smartphone components, and the latest in sustainable materials.
Inside, there are 18 large-scale units pumping out high-end chemical goodies like polypropylene, which you'll find in everything from new energy vehicles to your fav gadgets. 📱🔋
Here's the flex: they used fresh-off-the-lab technologies to speed up construction, shaving off 90 days and smashing the record for fastest reactor and regenerator installation on the Chinese mainland. ⏱️🔧
Why it matters: with EV adoption ramping up from Jakarta to Bengaluru, this extra supply of cutting-edge materials could help keep prices in check and fuel more green rides across our region. 🌏💡
Stay tuned for more tech and energy updates that shape our tomorrow! ✌️
Reference(s):
CNOOC completes major refining, petrochemical complex in east China
cgtn.com