# Zhejiang Petroleum and Chemical to build $28.8B petrochemical complex in Zhoushan, China

Zhejiang Petroleum and Chemical (ZPC) is developing the Zhoushan Green Petrochemical Base, a new integrated refinery and petrochemical project in Zhoushan Island, Zhejiang province, China. The project is estimated to cost 200 billion yuan ($28.8 billion) and is expected to start operations in 2021.

- Type: New facility
- Announced: 2019-02-07
- Where: Zhoushan Island, Zhejiang province, China, China
- Value: $28.8B
- Starts operating: 2021
- Status: under construction
- Capacity: 40 million tonnes per annum crude oil processing capacity
- Products: ethylene, aromatics, refined petroleum products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Zhejiang Petroleum and Chemical Co.](https://endata.com/companies/17022.md)
- [Saudi Aramco](https://endata.com/companies/304.md) (investor)

## Sources

- [nsenergybusiness.com](https://www.nsenergybusiness.com/projects/zhoushan-green-petrochemical-base/), 2019-02-07: "Zhoushan Green Petrochemical Base project is a new integrated refinery and petrochemical project being developed in Zhoushan Island, Zhejiang province, China."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.