No. By the end of June, 2023, 165438+ 10/4, Luoyang large ethylene project was under way, and the substantive construction work had begun. The project plans to build a million-ton ethylene plant, which is expected to be completed and put into operation in 2025. The total investment of the project is 24.6 billion yuan, of which environmental protection investment accounts for about 7.0 1%. The construction of Luoyang ethylene project is of great significance to promote the development of Luoyang petrochemical industry, which is expected to further fill the shortcomings of the petrochemical industry chain in the central and western regions and promote the construction of green petrochemical and new material industrial bases in Henan Province.