Chapter 290: 10% Hope

(.) Zhou Lao didn't make up his mind after all, and gave everyone a time to breathe and react. ()

After the big leaders and Formosa Plastics left, Director Mao and the Chinese entrepreneurs stayed in the living room. The leaders above are all retreats, and only he, a half-sized leader, is in charge of practice. Facing the "familiar" Su Cheng, Director Mao asked helplessly: "Do you really want to make 700,000 tons of ethylene yourself?"

Su Cheng said with a hippie smile: "If Formosa Plastics doesn't do it, it will be beneficial to the country for us to take over the Haicang plan." ”

He said that he would take over the Haicang project, not make ethylene independently. Sioux City has always had the urge to build an independent petrochemical base, but he has always been pulling the Haicang plan because of the preferential policies of the Haicang plan. The Haicang Plan was promised by **OSS himself in a relatively special period, and it was only after taking into account economic and political issues that Formosa Plastics received so many temptation policies. Such a preferential offer, only one Haicang plan, no other semicolon, without the Haicang plan, this kind of preferential treatment will also disappear, no domestic or foreign companies can get it again, and Sinopec will not be able to.

It can be said that this is a good thing for one time, it belongs to the category of rare tasks, as long as someone receives it, regardless of whether it is completed or not, there is no second chance.

For a petrochemical base with an investment of billions of dollars, any discount involving a percentage is extremely rare, not to mention the various large discounts in Haicang. Therefore, Sinopec and Formosa Plastics will hesitate.

They are not only reluctant to Haicang's preferential treatment, but also afraid of the huge investment.

Actually, look at it the other way around. It is precisely because of the daunting amount of investment that there is such a discount. In another 10 years, China will not be so short of foreign exchange that when large state-owned enterprises can raise foreign exchange domestically, the incentives will be reduced accordingly.

Sioux City is not without malicious speculation that if Formosa Plastics drags on for another 10 years, it may be able to borrow billions of dollars from Chinese banks. Simply empty gloves white wolf. Others don't know what the future holds, and they can't see that far. But everyone can see the situation in front of them clearly.

Liu Bing leaned back. Just prepare to see the war 2.0 between Dahua and Sinopec. Director Mao also looked at General Manager Xuan.

Mr. Xuan, however, showed a lack of confidence and asked: "Is it possible for the central government to approve Formosa Plastics' plan to switch from export to domestic sales?"

"It's hard to say, but there is a chance. Director Mao smiled irresponsibly. It really wasn't something he could decide.

Speaking of which, President Xuan's administrative level is one level higher than that of Director Mao, and his voice in oil policy is also not weak.

But in the Haicang plan, both of them were more helpless.

It's too big!

Mr. Xuan groaned, and finally smiled bitterly and said: "Once Formosa Plastics withdraws, Sinopec is willing to take over the Haicang plan." ”

He was forced up by Sioux City. We must not allow private companies to do China's largest petrochemical project, and at that time, will China's petrochemical industry chain listen to Sinopec or Dahua Industrial? Even from the perspective of power. President Xuan can't let Su Cheng get the Haicang plan.

Compared with a month ago, the attitude of both sides has improved significantly. Director Mao said with satisfaction: "So, are you all willing to take over the Haicang plan? Of course, it is on the premise that Formosa Plastics withdraws." ”

"Yes. Mr. Xuan replied quickly, but a little depressed. He was skeptical of the decision of Formosa Plastics and the central government. On the other hand, the 700,000-ton ethylene project involved in all aspects did make him feel daunted. Just think of billions of dollars in investment to understand its difficulties.

Such a big piece of fat was comparable to the government expenditure of a province in 1991, and it was still in dollars.

Su Cheng also nodded quickly. And said: "No matter who the Haicang plan is handed over to in the end, Dahua will continue to build the petrochemical base." ”

It is very likely that Sinopec will finally get the Haicang plan. Su Cheng knows this, and everyone knows it.

Sinopec's son is completely different from Dahua's illegitimate nephew.

Director Mao admired Su Cheng's tenacity a little, and said: "If Dahua can't do the Haicang plan, you can continue to do the methanol base." ”

In his capacity, such a promise is very good.

Turning his head, Director Mao said: "Any company that is interested in taking over the Haicang plan must make a timetable. Dahua once had one, and he wants to give me another one, and the same goes for other companies...... If it's okay, that's it for today. ”

Everyone said goodbye with their own thoughts.

When he went out, Liu Bing deliberately walked beside Su Cheng, and when the people dispersed, he asked, "What is Dahua going to do?"

After a brief pause, Sioux City said, "We are going to use a few months to determine the big ethylene equipment and prepare it for installation and commissioning." Once the central government has made a decision, the large ethylene project will be completed as quickly as possible. We previously promised two programs, the joint venture was completed in 93 years and the sole proprietorship was completed in 95 years. Now, even if it is a sole proprietorship, it is possible to complete the construction in 93. ”

"You should know that Sinopec can also promise to complete it in '93. Liu Bing said meaningfully: "Commitment is one thing, after the project is in hand, there may be various things." ”

The commitment to the leader is sometimes heavier than Mount Tai, sometimes as light as a feather, and the focus is on how to explain, how to compensate, and how to replace.

$7 billion investment project, explaining that compensation and substitution can be endless.

Su Cheng said: "Dahua's promise is real, and I think the above will also take this into account." ”

Sinopec can make promises casually, but if Dahua can't fulfill its promises, I'm afraid the situation will become complicated. ”

Liu Bing shook his head slightly and said, "This is where you are difficult. Sinopec has more mothers-in-law and sisters-in-law, and there are also practical problems, but there are also benefits to having more mothers-in-law and sisters-in-law, and there are more people who support them. You should understand that if there is no major change, even if you have abundant funds, the probability that Dahua Industrial alone will get the Haicang plan is no more than 10%. ”

"Dahua will turn 10% hope into 100%. Sioux City suddenly substituted idealistic language for the problem of reality.

Old man Liu was stunned for a moment, then smiled and said, "It seems that you are prepared, then I will wait and see." ”

Su Cheng bowed silently. He had anticipated the difficulties, and from a personal point of view, it was perhaps the hardest.

The initial design area of the Haicang project is 100 square kilometers, and in addition to the large oil refining and large ethylene projects, there will be power stations and ocean-going fleets, as well as a large number of downstream plants. It is equivalent to bulldozing Hong Kong Island to cover an industrial base, and the whole project is bigger than China's largest real estate project, and even more difficult than China's tallest skyscraper.

Back to Dahua Industrial, Sucheng held a board meeting and announced that it had entered the "construction plan".

Calculating the time, the plan has been prepared for a year. The members of the Dahua Department participated in the production of the plan more than once, and at this time, without too many doubts, they devoted themselves to the construction.

Dahua Petrochemical Company turned slowly but firmly like a delicate instrument.

Su Cheng knew that there were three ways to determine the ownership of the Haicang Plan: louder than whom, better prepared than whom, and pie in the sky......

Compared with the voice, the private company Dahua will not be able to defeat Sinopec, a central enterprise. Compared with pie in the sky, the probability of Sinopec, which is dozens of times the size of Dahua, is also dozens of times greater.

The only chance is to be better than prepared.

Sinopec will not go all out to prepare for Formosa Plastics' withdrawal before it is confirmed.

Although everyone has seen Formosa Plastics' delay, how can things in the world be clear, as long as Formosa Plastics does not make a final decision, Haicang's land is still people's, and the preferential policies are also people's.

Mr. Xuan can sleep in the Diaoyutai State Guesthouse every day, and he can go to the National Development and Reform Commission and the State Council every day to lobby, but he will never dare to spend tens of millions or hundreds of millions of yuan to make preliminary preparations.

If this money is lost, he can't tell clearly.

Dahua naturally has no such scruples. As long as Sioux City insists, it doesn't matter if Dahua goes bankrupt.

Of course, the risks are still enormous. Even if Su Cheng knew the history, God knows if Wang Yongqing would tremble and make the opposite decision.

In a mixture of countless emotions, Dahua finally decided on BASF's 800,000-ton ethylene plant.

They have better government relations in China than Casali. It can also make up for the shortcomings of Dahua Industry a little.

Mid-February. The first batch of 50 experts from BASF settled in the training base of Dahua Industrial.

Under the upfront contract, Dahua was required to pay $1,000 per expert per day, as well as reimbursement of round-trip airfares, as well as room and board while in China. Equivalent to $50,000 per day and $1.5 million per month for net expenses.

But that's just the beginning. The follow-up training materials, as well as the upfront equipment, will only get more and more expensive.

The budget of the Dahua Strategy Department is to start with $5 million per month, and the total investment will exceed $100 million a year.

If the Haicang plan had not ended up in the hands of Dahua Industrial, the $100 million would have been lost.

In China in 1991, business opportunities were everywhere, and there were countless things to make 1 billion with 100 million yuan and 10 billion with 100 million US dollars. There are also various opinions within Dahua, and the media has begun to pay attention to Dahua's "bet".

Sioux City unswervingly implemented the "plan".

Big vinyl is a real money printing machine. Participating in other industries may be able to earn several times the annual profits, but at most ten years will enter the stagflation of the industry. Not in the petrochemical industry, which spits out hundreds of millions of dollars in bills and increases as inflation intensifies. If you look at the history of Formosa Plastics and Sinopec, you can see that they started with the same money, and their profits are much higher than those of casinos.

In this world, there are only a few industries with such a high financial and technical threshold. But if you cross the threshold, you will see a vault.

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