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On December 26, Dingjide announced that its wholly-owned subsidiary, Liaoning Dingjide Petrochemical Technology Co.
, Ltd
.
, plans to invest 9.
868 billion yuan to build a high-end new material project of polyolefin elastomer (POE).
The total construction period of the project is 5 years and will be implemented
in two phases.
The total construction scale of the project is 400,000 tons/year POE combined plant, 300,000 tons/year α-olefin plant, 250,000 tons/year carbonate plant, 400 cubic meters/hour electrolysis water hydrogen production unit, etc
.
Dingjide said that this investment will enrich the company's product structure, further improve market competitiveness, better strengthen the company's long-term strategic layout in the field of high-end polymer materials, and optimize the company's resource allocation
in the polymer new materials sector.