The CNOOC Huilian Phase II project is a key petrochemical project planned during the 12th Five Year Plan period of the country. After the completion of this "giant" with a total investment of 46.6 billion yuan, it will increase annual sales revenue by 82 billion yuan and taxes by 15.4 billion yuan, laying a solid foundation for Daya Bay to build a world-class petrochemical industry base. As of the end of 2016, the overall progress of the project has been completed by 85.97%, and the overall "four major controls" of safety, quality, progress, and cost are good.
The CNOOC Huizhou Refining and Chemical Phase II project is positioned as the "best Sino foreign joint venture petrochemical project in China" and the "benchmark for global petrochemical industry development". It will help the Daya Bay Petrochemical Zone move towards the goal of becoming a "world-class ecological petrochemical industry base" and build a world-class petrochemical base, not only in terms of quantity, but also in terms of quality, level, and standards. The petrochemical project has enhanced Huizhou's confidence to enter the second tier of the Pearl River Delta with better quality and higher level.
This project ensures the safe and stable production of CNOOC Huizhou Refining and Chemical Phase II project by using nearly a thousand multifunctional power instruments independently developed and produced by Jiangsu Elecnova Electric Co., Ltd., providing strong support in power monitoring.