[Sinopec signs Kazakhstan polyethylene project]During the state visit of President Tokayev of Kazakhstan to China, Sinopec and Kazakhstan National Oil and Gas Company signed an agreement on the key terms of the joint development of polyethylene project in the Atyrau region of Kazakhstan in Xi'an. The project is the largest natural gas chemical project in the region, and all parties are expected to make a final investment decision in 2024. Sinopec and Kazakhstan have cooperated for many years. The signing of this agreement will bring the cooperative relationship between the two parties to a new level. The combination of Sinopec's capabilities in engineering, marketing, production and operation, and Kazakhstan's strong local capabilities and resource advantages can promote cooperation and complementarity between the two parties and seek win-win development. Edit/Ma Xue
On May 10, 2026, the China ASEAN Blue Economy Cooperation Dialogue was held in Haikou. Chi Fulin, President of the China Hainan Reform and Development Research Institute and the Hainan Free Trade Port Research Institute, stated that the Hainan Free Trade Port is located at the regional center, backed by a super large domestic market in China, adjacent to Southeast Asia, and combined with a special regional system of customs supervision that includes first line liberalization, second line management, and domestic freedom, it has the conditions to play an important role in maintaining regional energy security and alleviating regional energy crises. Chi Fulin suggested that Hainan should build a service guarantee base for China ASEAN energy security, serving the common needs of China ASEAN energy security.Editor/Gong Ziwei
On May 10, 2026, the first Hualong 1 nuclear power project in the Guangdong Hong Kong Macao Greater Bay Area, the nuclear island of Unit 4 of Guangdong Taipingling Nuclear Power Plant of China General Nuclear Power Corporation, began the first concrete pouring. This is another key milestone after the commissioning of Unit 1 and the loading of Unit 2 of the nuclear power project, marking the entry of the Taipingling Nuclear Power Phase II project into the comprehensive construction stage.Editor/Gong Ziwei