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Recently, the largest foreign investment project in Panjin since the establishment of the city, the Taiwan Changchun Enterprise Group (Panjin) petrochemical base project has attracted much attention. It is expected that the commissioning conditions will be met by the end of this year and will be officially put into operation in March 2013.

The Changchun Petrochemical Base Project in Taiwan with a total investment of 16 billion yuan is located in the west expansion area of ​​Liaodong Bay New District, Panjin City. It covers an area of ​​2,500 mu and is constructed in three phases. The first phase will invest 3 billion yuan to build butanediol and polytetrafluoroethylene. Ether ether glycol, liquid epoxy resin, epichlorohydrin, ion-exchange membrane chlor-alkali, isopropyl alcohol, 6 chemical monomer projects, and co-generation public facilities. The production of polytetramethylene ether glycol will meet the demand for raw material for spandex production and can change the current situation of relying on a large number of imported raw materials.

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