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Donghua Energy Ningbo Phase II and Phase III projects have been officially put into production
.
The first phase (I) and (II) of the comprehensive utilization project of alkane resources planned and invested by Donghua Energy in Maoming, Guangdong, and the supporting reservoir area, wharf and pipe gallery project, the construction content includes 2 sets of 600,000 tons/year PDH units, 3 sets of 40 10,000 tons/year PP unit, 1 set of 200,000 tons/year ammonia synthesis unit, and supporting construction of public works and auxiliary facilities such as reservoir area, wharf and pipe gallery
.
According to the above-mentioned staff, the first phase (I) of the start-up project is expected to be handed over in mid-2022 and put into operation in 2022, including a set of 600,000 tons/year PDH unit and a set of 400,000 tons/year PP unit device
.
Donghua Energy's Maoming project also plans to invest in 2 sets of 1 million tons/year propane dehydrogenation and 4 sets of 500,000 tons/year polypropylene; 1 set of 1 million tons/year ethylene + 2 sets of 500,000 tons/year polyethylene; and The public works and supporting wharf, pipe gallery, tank farm and supporting facilities are planned to be completed by June 2025
.
After the Maoming project is fully put into operation, Donghua Energy's polypropylene production capacity will exceed that of the National Energy Group
.
Donghua Energy launches strategic transformation in 2020
Donghua Energy launches strategic transformation in 2020Donghua Energy has formed a full-system industrial chain of "propane-propylene-polypropylene + hydrogen", and the company is transforming into a green chemical manufacturer and a high-quality hydrogen energy supplier
.
According to the statistics of the China Coal Processing and Utilization Association, in 2020, both the production and consumption of hydrogen energy in China have exceeded 25 million tons, and China has become the world's largest hydrogen producer
.
On the evening of April 27, Donghua Energy released its first quarter report for 2021, showing that the company achieved an operating income of 7.
290 billion yuan, down 21.
92% from the same period last year; it realized a net profit of 373 million yuan attributable to shareholders of the listed company, a year-on-year decrease of 373 million yuan.
In the same period, it increased by 39.
24%
.
Donghua Energy is gradually withdrawing from LPG international trade and domestic wholesale business, reselling some of the unexpired North American long-term contracts and selling surplus propane and imported butane
.
In the first quarter of 2021, Donghua Energy's export volume of polypropylene products has exceeded 60,000 tons
.
![2,2-Bis(4-hydroxyphenyl)propyl polycarbonate 4-[1-(4-hydroxyphenyl)-1-methyl-ethyl]phenol carbonate POLYCARBONATE RESIN, SECONDARY STANDARD, MOLECULAR](https://file.echemi.com/fileManage/upload/goodpicture/20250220/sodium-lactate-312-85-6_b20250220100438866.jpg)
