DYEC Welcomes 1st Global F500 Foreign Investment Project
2022-10-18
For industrial parks to remain competitive, having the ability to build public facilities and service systems is critical. Chemical industry parks are no exception. Integrating public facilities and services is conducive to the optimal allocation of resources and formation of scale advantages in such parks, and as such, is a basic requirement in their construction. At the beginning of July this year in the YEDZ (Yangpu Economic Development Zone), a collective signing and groundbreaking ceremony was held for key projects in Danzhou City. A highlight among the 28 contracted projects is the gas separation and centralized gases pipeline supply project in Danzhou Yangpu Industrial Park, which is the first wholly foreign-invested project within the DYEC (Danzhou-Yangpu Economic Circle) landed by a Fortune Global 500 enterprise. As the world's largest industrial gases and engineering company, Linde (China) Investment Co., Ltd. (hereinafter referred to as " Linde"), the owner of this project, leads the global market in large-scale industrial gases separation and can well guarantee the gas infrastructure and supply within the park. Linde's primary reason for landing in the DYEC with this public gas infrastructure project is its optimism about the broad market space for new petrochemical materials in the future. The implementation of this project has significantly improved the visibility of the park and improved the level of public facilities within the park, helping to boost the confidence of other enterprises currently mulling a move into the park. The project will be constructed in phases, with the first phase being implemented in two stages. In the first stage, a set of 8,000m³/hr cryogenic air separation nitrogen plant, liquid nitrogen backup systems and corresponding supporting facilities will be constructed. In the second stage, larger-scale gas separation plants will be installed to provide nitrogen and liquid nitrogen products to the park. With its comprehensive strengths and accumulation of technical experience, Linde's entry will provide Danzhou Yangpu Industrial Park with stable and high-quality gas supply, professional gas installation engineering and operational capabilities, and innovative gas application technology, providing all-round assistance for Danzhou Yangpu's industrial upgrading and high-quality development. With the rapid development of the economy, the function of industrial parks is not only to provide physical spaces for industries, but － through the creation of systematic park facilities and services － to gather various innovative elements and build an innovative atmosphere to form an efficient and dynamic innovation ecosystem. Linde, from Europe, is the world's largest industrial gases and engineering company. It ranks among the Fortune Global 500 －the only industrial gases company on the list － and is among the top 10 global chemical companies. Linde operates more than 100 sites in China. 4 of the 7 national petrochemical bases in the country are supplied by Linde alone or in joint ventures. By 2020, 16 of the 30 consolidated industrial parks within China were supplied by Linde.
