First Phase of the Sinopec Guizhou 500,000 Tons/Year PGA Project Started

Source: www.gulfoilandgas.com 7/7/2021, Location: Asia

The groundbreaking ceremony of the first phase of the Sinopec Guizhou 500,000-ton/year PGA (polyglycolic acid, a degradable plastic) project was held in Zhijin County, Bijie City. Zhang Yuzhuo, chairman and party secretary of the group company, Chen Yiqin, secretary of the Guizhou Provincial Party Committee and director of the Standing Committee of the Provincial People's Congress, and Li Bingjun, deputy secretary of the Provincial Party Committee and Governor, attended the groundbreaking ceremony.

Group company deputy general manager Yu Baocai, senior vice president of the joint-stock company Chen Ge; member of the Standing Committee of Guizhou Provincial Party Committee and Executive Vice Governor Li Zaiyong, member of the Standing Committee of the Provincial Party Committee and Secretary-General of the Provincial Party Committee Wu Qiang, deputy governor Cai Chaolin, Vice Chairman of the Provincial Political Consultative Conference and Secretary of the Bijie Municipal Party Committee Zhou Jiankun Attendance was hosted by Vice Governor Tao Changhai.

Zhang Yuzhuo said in his speech that the construction of the PGA project is a practical action to thoroughly implement the spirit of General Secretary Jinping’s important instructions on accelerating the construction of the Bijie Pilot Area, and is a major result of enterprise-local cooperation. Sinopec will seize the opportunity, concentrate its strengths, reverse the schedule and advance the schedule, make every effort to promote the project's early completion of high standards and high quality, and hand over an excellent answer to the party committees and governments at all levels and the people who care about and support the project,

Zhang Yuzhuo pointed out that at present, Sinopec is actively constructing a "one base, two wings, three new" industrial structure, and Guizhou is a key development province. During the "14th Five-Year Plan" period, Sinopec will increase investment in Guizhou, strengthen the exploration and development of oil and gas resources, improve the marketing network of refined oil and natural gas, accelerate the deployment of new energy projects, and explore the modern coal chemical industry based on PGA projects. Quality development path, actively promote the development of the downstream application and processing industry of degradable plastics, help Guizhou Province break new roads, open new projects, seize new opportunities, and make new achievements, and make greater contributions to writing a new chapter of colorful Guizhou high-quality development in the new era.

Li Bingjun pointed out in his speech that Guizhou Province regards new industrialization as the primary task of high-quality economic development, vigorously implements industrial multiplication actions, and strives to promote industrial breakthroughs. The PGA project is a landmark project of the strategic cooperation between Guizhou and Sinopec, which is conducive to giving full play to the advantages of both parties. It is hoped that both parties will take this as a good start, speed up the construction of the project, promote the project to be put into production and reach production as soon as possible, and give full play to benefits, so as to inject strong impetus into the high-quality development of the province.

The Guizhou 500,000-ton/year PGA project is a demonstration project for Sinopec to promote the industrialization of cutting-edge coal chemical technology, and a landmark project for Guizhou Province to achieve new industrialization and rural revitalization. The project is located in Zhijin County, Bijie City. The county is located in the upper reaches of the Wujiang River and has rich mineral resources. In the 1980s, my country built a pilot zone for poverty alleviation and ecological construction. On the 30th anniversary of the establishment of the Bijie Pilot Area, General Secretary Xi Jinping gave an important instruction to "build the Bijie Pilot Area into a demonstration zone for implementing the new development concept."

In order to thoroughly implement the spirit of the important instructions of General Secretary Jinping, Sinopec and Guizhou Province gave full play to their respective advantages and deepened strategic cooperation, and signed the "Comprehensive Promotion of High-quality Development Strategic Cooperation Framework Agreement" on November 25, 2020. According to the agreement, Sinopec plans to build a 500,000-ton/year PGA project in Zhijin County, Guizhou, including 200,000 tons/year in the first phase and 300,000 tons/year in the second phase.

PGA is a new type of green and environmentally friendly degradable plastic product with a wide range of uses. In January 2020, my country issued the "Opinions on Further Strengthening the Treatment of Plastic Pollution", which clearly put forward specific requirements for the phased ban on plastics. Sinopec seized favorable opportunities, utilized advanced technology, and relied on sufficient coal resources and water resources in Guizhou Province to start construction of PGA projects with coal as raw materials. This conforms to the national green development requirements and local industrial policies, and is in line with the company's strategy of developing mid-to-high-end chemicals. The direction will further promote Sinopec to continue to be at the forefront of the country in the clean and efficient use of coal resources.

During his stay in Guizhou, Zhang Yuzhuo also went to Guizhou Petroleum for research, visited and condoned frontline cadres and employees, and learned about production and operation, safety and environmental protection, and party building.


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