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According to the announcement, the cooperation framework agreement intentionally determined that the two parties' key elements of industrial cooperation include, but are not limited to, prioritizing the layout of Sinochem Fine Chemicals Circular Economy Industrial Park in Lianyungang Petrochemical Industrial Base, focusing on the development of new materials and fine chemical products; Promote cooperation in integrated gasification combined cycle and polygeneration demonstration projects; further strengthen investment cooperation in the liquid chemical terminal and its supporting chemical and energy storage facilities; and study and promote the management and R&D required for the planning and construction of industrial parks in Lianyungang. And talent centers. To this end, the two parties will set up working groups, clearly take charge of leading and liaising departments, and establish mechanisms for regular meetings between top leaders of the two parties, and coordinate the implementation of industrial cooperation between the two parties. Â
Sinochem International announced on March 16 that it had signed a cooperation framework agreement with the People's Government of Lianyungang City. Sinochem International intends to cooperate in the construction of the Sinochem Fine Chemicals Recycling Economy Industrial Park in Lianyungang City to enhance the level of industrial cooperation between the two parties and accelerate the development strategy of Sinochem International to provide overall support for future development. Â