A ten-million-ton olefin production base is expected to be built at the Ningdong Energy and Chemical Base before 2020. This could mean Ningxia may then be honored as World Olefin Capital.

Currently, the Ningdong Energy and Chemical Base turns to develop petro-chemical projects with the introduction of a ten-million-ton refining chemical project, rather than just focusing on coal chemical industry over the past ten years.

The base plans to complete a 50-billion-yuan investment in fixed assets and realize a production value totaling at some 70 billion yuan this year.