[satellite chemistry: plans to invest about 25.7 billion yuan in the construction of a high-end new materials industrial park for comprehensive utilization of alpha-olefins]. The company plans to invest in a new alpha olefin (α-olefin) comprehensive utilization of high-end new materials industrial park project in Xuwei New area of Lianyungang. The total investment of the project is about 25.7 billion yuan. The construction content mainly includes 2.5 million t / a α-olefin light hydrocarbon feedstock plant, 5 100000 t / a α-olefin plant, 3 200000 t / a POE plant, 2 sets of 500000 t / a high-end polyethylene (metallocene), 2 sets of 400000 t / a PVC comprehensive utilization and matching units, 15000 t / a polyalpha olefin plant, 50 000 t / a ultra high molecular weight polyethylene plant, by-product hydrogen carbon reduction resource utilization unit, LNG storage tank.