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Tianjin million-ton ethylene project to introduce advanced French technology
On December 18, it was revealed by official sources at Tianjin Petrochemical Company that the company has officially entered into a joint venture agreement with Air Liquide (China) Investment Co., Ltd. This landmark deal marks a significant step forward in the collaboration between the two industry leaders, signaling the start of a new phase in their partnership.
According to Tianjin Petrochemical, this project represents the first major cooperation between Air Liquide and Sinopec. The company's 1 million-ton ethylene per year project is a key national initiative under the "Eleventh Five-Year Plan." It serves as a flagship development project for the Tianjin Binhai New Area and plays a crucial role in building Tianjin into a leading petrochemical industrial base. As a critical supporting facility, the air separation system is essential for boosting Sinopec's competitive edge and promoting economic growth in Tianjin and across the country.
This project has opened up new opportunities for collaboration between Tianjin Petrochemical and Air Liquide. Additionally, the construction of the air separation plant has created fresh business prospects for Air Liquide in France, strengthening the strategic alliance between the two companies. The partnership aims for mutual benefits and long-term success. With over a century of experience in gas production, Air Liquide brings advanced technology, extensive management expertise, and world-class industrial systems to the table, making this collaboration a powerful combination of innovation and industry leadership.