Recently, it was learned from the Provincial Department of Industry and Information Technology that in the first half of this year, the industrial output value of Hainan's petrochemical new materials industry increased by 30.6% year-on-year, of which the added value of the petroleum processing industry increased by 47.6% year-on-year, and the added value of the chemical industry increased by 28.4% year-on-year. The petrochemical industry has driven the growth of industries above designated size in Hainan Province by 10.6 percentage points.

In the first half of this year, a number of petrochemical projects such as one million tons of ethylene were intensively put into operation, contributing significantly to the province's industrial growth. In February this year, the acrylonitrile series device project of CNOOC Fudao (Hainan) Chemical Co., Ltd. Hainan Fine Chemical Phase II Project was put into commissioning, achieving an output value of 470 million yuan in the first half of the year; the project uses Dongfang Petrochemical's propylene to produce high value-added acrylonitrile, lengthening the petrochemical new material industry chain and providing key raw materials for downstream development of high-end new material projects such as carbon fiber and ABS resin.

In February, the entire process of the 1 million tons/year ethylene and refining expansion and expansion project of Sinopec Hainan Refining and Chemical Co., Ltd. was completed, and a successful commissioning test was achieved, achieving a "zero" breakthrough in Hainan's ethylene industry. Subsequently, multiple ethylene downstream industrial chain projects have been put into operation one after another. In the first half of the year, 280,000 tons of ethylene were produced, helping Hainan Refining and Chemical achieve an output value of 31.74 billion yuan, a year-on-year increase of 73.7%.

In April, Hainan Baling Chemical New Materials Co., Ltd. successfully opened the process for the 170,000 tons/year styrenic thermoplastic elastomer project and produced qualified products, achieving an output value of 100 million yuan in the first half of the year. The project utilizes Hainan Refining and Chemical styrene, butadiene and other resources nearby to reduce raw material costs and logistics costs and extend the industrial chain of Hainan Refining and Chemical Ethylene Project.

In June, the 5000-ton/year MMT project of Hainan Xinaoke Chemical Co., Ltd. was put into trial production. The project used the carbon-9 raw material partition wall produced by the million-ton ethylene project to supply MMT.

In addition, the 200,000 tons/year ethylene oxide downstream derivative project of Hainan Aoke Chemical Co., Ltd. has also entered the final stage; Hainan Yisheng Petrochemical Co., Ltd. has a 2.5 million tons/year purified terephthalic acid (PTA) project and a 1.8 million tons/year functional material (PET) project is being accelerated and is scheduled to be put into operation in the second half of this year.

The relevant person in charge of the Provincial Department of Industry and Information Technology said that in order to encourage petrochemical enterprises to expand production scale and increase investment, Hainan Province has accelerated the cashing of a batch of "8+2" financial awards and subsidies in the field of industry and information technology, and has paid all awards to enterprises in the field of industry and information technology. In the first half of this year, 510 million yuan in output value and investment incentives have been allocated.

At the same time, the Provincial Department of Industry and Information Technology has also opened up new ideas to solve the financial difficulties of enterprises. For enterprises that temporarily encounter financial difficulties, the Provincial Department of Industry and Information Technology has actively organized enterprises to apply for free trade port funds to help enterprises relieve equity investment. In the first half of this year, two petrochemical enterprises received The first batch of relief equity investment of RMB 700 million yuan.

The Provincial Department of Industry and Information Technology also actively implements the enterprise chief service specialist system,"scheduling and daily tracking" key petrochemical enterprises and projects, and coordinates blockages in production and construction; the province's industrial and information technology system "grasps quarterly and monthly" Tracking ", taking multiple measures simultaneously to ensure stable production of key enterprises and promote the completion and commissioning of key projects.