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On the morning of June 16, a major industrial project in Shanghai, Jinshan Baling New Materials Project, with an annual output of 250,000 tons of thermoplastic elastomer, was officially launched in Tangu Green Bay, Jinshan District, Shanghai
.
As a major municipal industrial project, the project plans to invest 3.
27 billion yuan.
In the future, its products will replace imports and be widely used in engineering plastics, electronic consumer products, medical consumables, 5g communication optical cables and other fields
.
The so-called thermoplastic elastomer is a new type of polymer material between rubber and resin.
It has dual advantages and is known as "rubber gold"
.
The project of Jinshan Baling New Materials with an annual output of 250,000 tons of thermoplastic elastomer is another major cooperation between Jinshan and Sinopec Group in the joint development.
A powerful booster for turning"
.
In January 2021, Sinopec approved Baling Petrochemical Company and Hainan Refinery and Chemical Company to jointly invest in the construction of a 170,000-ton styrene thermoplastic elastomer (Yangpu) project according to a 50%:50% share ratio
.
The approved project with an annual output of 170,000 tons of styrene thermoplastic elastomer (Yangpu) has a total investment of more than 2.
1 billion yuan.
Petrochemical's own complete set of production technology builds SBC units with an annual output of 170,000 tons, including an annual output of 120,000 tons of SBS and an annual output of 50,000 tons of SEBS units
.
The project will officially start construction in Hainan Yangpu Economic Development Zone in mid-September 2021, and is expected to be put into trial operation by the end of 2022
.
In the second half of 2021, Sinopec Corp.
approved the approval of Baling Petrochemical Company and Shanghai Petrochemical Company to jointly invest in the construction of a 250,000-ton styrenic thermoplastic elastomer (SBC) (Jinshan) project according to a 50%:50% share ratio
.
On September 23, 2021, Shanghai Jinshan Baling New Materials Co.
, Ltd.
, a joint venture established by Baling Petrochemical and Shanghai Petrochemical, was registered and established
.
So far, the advantageous industries of Baling Petrochemical have developed side by side in Yueyang in Hunan, Yangpu in Hainan and Jinshan in Shanghai
.
The approved project with an annual output of 250,000 tons of styrene thermoplastic elastomer (Jinshan) has a total investment of more than 3 billion yuan.
SBS, SEBS, SIS complete sets of production technology, the construction of an annual output of 250,000 tons of SBC units, including an annual output of 140,000 tons of SBS, an annual output of 50,000 tons of SEBS and an annual output of 60,000 tons of SIS units
.
After the device is put into operation, it will fill the gap that Sinopec has no SBC device in East China
.
As the largest SBC production enterprise in China, the annual production capacity of SBS, SEBS, SIS, SSBR and SEPS series products of Baling Petrochemical Company reaches 380,000 tons
.
After the completion of the two SBC projects in Hainan and Shanghai, the company's annual SBC production capacity will reach 800,000 tons/year
.