Total Investment of 35 Billion Yuan! The 1 Million Ton Ethylene Project in Caofeidian, Hebei, China to Commence Construction by Year-End!
2026-03-28 14:13
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en.Wedoany.com Report, In March 2026, the list of winning candidates for the construction of the land replacement and consolidation project for a specific plot within the Caofeidian Chemical Park in Hebei, China, was officially announced, with a winning bid amount of approximately 260 million yuan.Image related to Caofeidian Chemical Park land project

First Winning Bidder: Hebei Zhongcao Construction Engineering Co., Ltd.

Construction Scale: Consolidation area of 2,828,456 square meters (approximately 4,243 mu)

Construction Standard: Foundation bearing capacity ≥ 120 kPa, elevation +4.8 m, meeting the requirements for large-scale petrochemical plant construction.

Construction Schedule: 7 months, with full completion and handover planned before the end of the year.

It is reported that this project is being constructed under the responsibility of the Caofeidian Chemical Industrial Park Management Committee. It is located within the Caofeidian Chemical Park in Tangshan City, specifically in the area south of Shihua North Ring Road, north of Shihua North Second Road, east of Shihua Middle Road, and west of Shihua East Road, situated in the core industrial layout zone of the park.

As an important component of the infrastructure construction for the Caofeidian Chemical Park, the land replacement and consolidation work will effectively revitalize regional land resources, improve land use conditions, overcome the land bottleneck for the implementation of industrial projects in the park, provide a solid guarantee for the subsequent entry of high-quality chemical industry projects, and help optimize the park's industrial layout and expand its industrial scale. Simultaneously, the project construction will drive local employment in construction, maintenance, and related fields, promote local economic development, advance the quality improvement and upgrading of park infrastructure, and enhance the park's comprehensive carrying capacity.

The successful bid for land consolidation, the public announcement of the land reclamation environmental impact assessment, and the scheduling of the core project for commencement mark that the Fuhai Tangshan Petrochemical 1 million tons/year methanol-naphtha coupled olefin production project, with a total investment of 35 billion yuan, will officially enter the substantive construction phase by the end of 2026!

On June 10, 2025, the first public participation announcement for the environmental impact assessment of the Fuhai Tangshan Petrochemical Co., Ltd. methanol-naphtha coupled olefin production project was made.

Project Overview

Project Name: Fuhai Tangshan Petrochemical Co., Ltd. Methanol-Naphtha Coupled Olefin Production Project

Construction Location: Caofeidian District, Tangshan City

Nature of Construction: New Construction

Project Investment: 3,456,114 million yuan.

Construction Content: Construction of a new 1 million tons/year methanol-naphtha coupled cracking unit and 17 downstream chemical units, along with the corresponding supporting utility systems and auxiliary facilities within the project boundary. The 17 new units are: Methanol-Naphtha Coupled Cracking Unit, Butadiene Unit, MTBE/Butene-1 Unit (including selective hydrogenation and full hydrogenation units), Cracked Gasoline Hydrogenation Unit, Aromatic Extraction Unit, VCM Unit, PVC Unit, EVOH Unit, EVA/LDPE Unit, FDPE Unit, α-Olefins Unit, POE Unit, PP Unit, CHPPO Unit, Polyether Polyols Unit, 1,3-Propanediol Unit, PTT Unit.

This project adopts a methanol-naphtha coupled cracking + light hydrocarbon cracking technical route. It involves constructing a 1 million tons/year methanol-naphtha coupled cracking unit. The methanol-naphtha coupled cracking section processes methanol and naphtha to produce 350,000 tons of ethylene annually. The light hydrocarbon cracking section processes ethane, propane, butane produced by the coupled cracking unit and some externally purchased butane to produce 650,000 tons of ethylene annually.

It is understood that the project includes a 50,000 tons/year α-olefins unit and a 100,000 tons/year polyolefin elastomer (POE) unit.

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