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In Hainan Province, Yangpu and Dongfang, China’s largest foreign investment development zone located along the coast of the Beibu Gulf, have also witnessed an increase in the scale and strength of the heavy chemical industry. Taking Yangpu as an example, in addition to the two major projects of Hainan Refining and Jinhai Pulp & Paper, the projects of 1.5 million tons of alkynes, 1 million tons of ethylene, and 10 million tons of petroleum commercial reserves are also underway. In western Guangdong, heavy chemical industry projects such as Zhanmao Petrochemical Base and Zhanjiang's 10 million tons steel project are being expanded and put into production. In Qinzhou Port, which Sun Yat-sen hailed as “the largest port in the Southâ€, China’s oil-producing 10 million-tonne oil-refining project is also under construction. In addition, there are 10 million mu of fast-growing forest-supported Stora Enso of Finland and Indonesia's Golden Light Group's two forest pulp and paper integration projects, including 10 million projects and 100 billion projects under construction.
Under such circumstances, Beibu Gulf will gradually become a new important base for China's heavy chemical industry. It will also play an important role in further improving the layout of China's heavy chemical industry, alleviating the tight supply of heavy chemical products in South China and Southwest China and maintaining energy security.
Due to the large amount of raw materials required for the development of China's heavy chemical industry, its main sources have shifted from resource production areas such as the northeast and north China to relying on global market allocation. The Beibu Gulf region of China has superior transport advantages and its radiation to the southwest and bead The triangular market has attracted many petrochemical enterprises in China. Recently, large-scale heavy chemical projects have been stationed in the Beibu Gulf. Driven by the internal driving force of rapid economic development and market advancement, a large number of heavy chemical projects such as steel and petrochemical have settled in the coastal area of ​​the Beibu Gulf. In Guangdong, Guangxi, and Hainan, the Beibu Gulf is being built into a new base for China's heavy chemical industry.