Which country invested in Zhenhai px project?

Zhenhai px project is a joint venture between Korea and China.

The total investment of the project is estimated to be about 55.873 billion yuan, covering an area of about 422 hectares, with an annual output of oil refining/kloc-0.50 million tons and ethylene/kloc-0.20 million tons. According to the requirements of the environmental protection department, the most stringent emission standards are implemented, advanced cleaner production technologies and processes are adopted, and the process product scheme and main device composition are optimized, of which the total investment in environmental protection is about 3.6 billion yuan. Zhenhai Refining and Chemical Company's annual output of150,000 tons of oil refining and120,000 tons of ethylene expansion project (referred to as refining and chemical integration project) mainly consists of three parts: oil refining project, ethylene project and public auxiliary facilities. The total investment of the project is estimated to be about 55.873 billion yuan, and the site is located in Ningbo Petrochemical Economic and Technological Development Zone, covering an area of about 422 hectares.

Refining-chemical integration project is a key strategic project of national productivity layout established by the National Chemical Industry Revitalization Plan. The construction of this project is of great significance to the implementation of the national marine economic development strategy and the development of regional economy. According to the requirements of the Ministry of Environmental Protection and the provincial, municipal and district environmental protection departments, the refining and chemical integration project implements the most stringent emission standards, adopts advanced cleaner production technologies and processes, and optimizes the process product scheme and main device composition.

PX project refers to xylene chemical project. PX is the abbreviation of English p- xylene, and Chinese name is 1, 4- xylene, also known as p-xylene. PX (p-xylene) is used to produce plastics, polyester fibers and films. PX (p-xylene) is a colorless and transparent liquid, which is fragrant, flammable and toxic. It is a dangerous chemical, which can cause fetal malformation and has a great impact on people and the environment.