Core Insights - Sinopec's Petrochemical Research Institute has successfully completed the full process of lubricating grease production, marking the integration of R&D, pilot testing, and production at its Tianjin base [1][2] - The Tianjin base project is a key collaboration between Sinopec Group and Tianjin Economic Development Zone, focusing on high-quality petrochemical industry development [1] Group 1 - The total investment for the Tianjin base project is 1.589 billion yuan, covering an area of approximately 360 acres with a total construction area of about 70,000 square meters [1] - The project will establish four research and pilot testing platforms: low-carbon oil integration, high-end carbon materials, hydrogen and electrochemistry, and resource recycling, along with two pilot production bases for special lubricating greases and petroleum products [1] Group 2 - Once fully operational, the Tianjin base will serve as a source of innovation for new energy and chemical technologies, a platform for collaborative innovation, and a base for R&D and production of specialty petroleum products and high-end chemicals [2] - The technological achievements from this project are expected to provide solutions for the petrochemical industry's transition to new energy, new materials, and green chemistry, addressing critical technology gaps and enhancing the R&D capabilities of the South Port Industrial Zone and Tianjin's petrochemical industry [2]

Group 1 - The core project of Sinopec's Tianjin Scientific Research Base has completed mechanical construction with a total investment exceeding 1 billion yuan [1] - The project is located in the Tianjin Economic Development Zone, covering an area of approximately 300 acres and a total construction area of about 70,000 square meters [1] - The base will establish four research and trial platforms focused on low-carbon oil integration, high-end carbon materials, hydrogen energy and electrochemistry, and resource recycling, along with two pilot production bases for special lubricants and petroleum products, expected to be completed by 2025 [1] Group 2 - The project faced challenges such as concentrated rainy seasons, extreme heat, and complex underground pipeline layouts, but the participating parties worked together effectively to overcome these difficulties [1] - All utilities including water, electricity, gas, and wind have been fully utilized, and the main construction units are entering the final stages and preparation for operation [1] - The construction progress is reported to be stable and orderly, with safety, quality, and schedule being effectively controlled, successfully completing the set tasks [1]