Guangxi Yuchai Petrochemical Co., Ltd.

Founded on August 8, 2008, with a registered capital of 80 million yuan and 197 employees, located in Qinzhou known as a "bright pearl" in the Beibu Gulf, Guangxi Yuchai Petrochemical Co., Ltd. (Yuchai Petrochemical) is the first petrochemical enterprise to settle in China Petrochemical Industry Park (Qinzhou) and undertake CNPC's downstream industries.

With a total investment of 400 million yuan and an area of 300 mu, Yuchai Petrochemical's planned 200,000t/y solvent oil project involves construction of a 60,000t/y MTBE unit and a 200,000t/y liquefied gas aromatization unit. With an annual output of 260,000 tons of petrochemical products and an annual output value of 2 billion yuan, the project succeeded in one-time commissioning test run on September 7, 2011, marking the success of Yuchai Group's strategy of diversified development based on primary businesses.

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