[SPIC and Shandong Province signed a deepening agreement]On September 16, 2021, under the witness of Li Ganjie, Deputy Secretary of the Shandong Provincial Party Committee and Governor, Qian Zhimin, Chairman and Party Secretary of SPIC, Wang Shujian, Member of the Standing Committee of the Shandong Provincial Party Committee and Executive Vice Governor, and SPIC Director, Zu Bin, deputy secretary of the Party Group, signed an agreement to deepen strategic cooperation on behalf of both parties. According to the agreement, SPIC will, in accordance with the "Strategic Cooperation Agreement on Major Projects for the Conversion of Old and New Kinetic Energy in Shandong" signed with the People's Government of Shandong Province, on the basis of the good cooperation between the two parties, further deepen the innovation in nuclear energy technology, nuclear power equipment manufacturing, clean energy, etc. Cooperation in the field will help Shandong build a clean, low-carbon, safe and efficient new energy system, accelerate the realization of China’s "3060" goal, and contribute to the implementation of major projects for the conversion of new and old kinetic energy in Shandong and build a modern and powerful province in the new era. Editor/Xing Wentao
On June 9, 2026, the world's largest 271000 cubic meter LNG transport ship started construction at Zhonghua Shipbuilding in Hudong, with a total length of 344 meters and equipped with the latest domestically produced membrane enclosure system, increasing cargo capacity by 57% compared to mainstream 174000 cubic meter ships. It is planned to be delivered in 2028. At present, the global market share of LNG ships in China has exceeded 30%, and Hudong Zhonghua holds nearly 60 orders, scheduled until after 2030, firmly ranking first in global construction. Editor/Cheng Liting
Recently, the ground management project for the 800000 ton coal to olefin project of Dongming Plastics in Xinjiang has started, and the safety production month has been launched simultaneously. The total investment of the project is 18.967 billion yuan. It uses coal as raw material to produce polymer grade ethylene propylene through methanol and MTO, and is equipped with 400000 tons of PP, 400000 tons of PE, and EPDM rubber plants. It is expected to be completed by the end of 2027. Editor/Cheng Liting