Recently, the groundbreaking ceremony of Hengli (Huizhou) Industrial Park was held in Huizhou Daya Bay Economic and Technological Development Zone which is situated in Huizhou City, Guangdong Province. This is Hengli’s first major project during the 14th Five-Year Plan period, part of the efforts the enterprise has made to implement the national strategy of developing the Guangdong-Hong Kong-Macao Greater Bay Area.
Hengli (Huizhou) Industrial Park is located in Huizhou Daya Bay Petrochemical Industrial Park, one of the seven major petrochemical industrial bases in China. With a total investment of 15 billion yuan, the project is planned to build a 5 million ton per year PTA plant with industry-leading, green and intelligent technologies, which is expected to have high production capacity and low energy consumption.
It is reported that Hengli Group has planned to complete the construction of the “safest and most environmentally friendly” petrochemical park in the Greater Bay Area in one and a half years. And when it goes into full operation, this world-class petrochemical park will achieve an annual output value of 20 billion yuan.