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Chinese holding discusses cooperation with Primorye in petrochemical industry on the basis of "VNKhK"

The head of the Investment Agency of Primorsky Krai, Anton Rodionov, met with a delegation of China Petrochemical Development Corp., according to the website of the head of Primorsky Krai.

The parties discussed cooperation in the field of petrochemicals within the framework of the petrochemical cluster being created in Primorye on the basis of VNHK.

And about. President of the Chinese company George E made a presentation on China Petrochemical Development Corp, and Anton Rodionov spoke about the VNHK project and the formation of a cluster around it. They talked about the infrastructure being created, as well as measures to support the residents of the future cluster - the law on priority development territories, tax and customs preferences.

The goal of the VNHK project is to locate in the Primorsky Territory a modern production facility with high added value for the production of petrochemical products that meet international standards with a refining rate of up to 95 percent and sales in the fast-growing APR markets.

At the moment, a feasibility study has been prepared, the approval of the first stage of projects has been agreed. Today, more than 3 thousand hectares of land have been formalized for the implementation of the project, design is underway. At the same time, roadmaps for water supply and gasification of future production facilities are being implemented.

The volume of investments will amount to 1,3 trillion rubles. The VNHK enterprise will become the core of the petrochemical cluster in the Primorsky Territory, around which it is planned to create related production facilities.

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