It is expected to invest 10 billion! Rongsheng Petrochemical signed a contract for 1.2 million tons of ABS project

Recently, the 6th World Zhejiang Entrepreneurs Conference hosted by the provincial party committee and the provincial government concluded in Hangzhou
.
The conference held a signing ceremony for Zhejiang businessmen to promote the "two first" major projects, with a total of 24 projects signed, involving infrastructure, people's livelihood projects, industrial development, bank-enterprise cooperation and other fields
.
Among them, a total of 3 projects have been signed in Zhoushan Area, with a total investment of 14.
7 billion yuan, including 1.
2 million tons/year ABS project, 200,000 tons/year new energy battery cathode raw material production line construction project, and Wanma Zhoushan Marine Equipment Intelligent Park Project
.

Among them, the 1.
2 million tons/year ABS project, invested by Rongsheng New Materials (Zhoushan) Co.
, Ltd.
, is expected to invest 10 billion yuan, which belongs to the middle and downstream industry projects
of petrochemicals.

Zhejiang Petrochemical ABS product promotion meeting was successfully held

On September 22, the Zhejiang Petrochemical ABS Product Promotion Conference held by Rongsheng Petrochemical was successfully held
in Daishan County, Zhoushan City, Zhejiang Province.
Shou Baichun, President of Rongsheng International and Director of Zhejiang Petrochemical, Wang Yonggang, General Manager of Zhejiang Petrochemical's Ethylene Chemical Division and other relevant leaders attended the meeting
.

Rongsheng Petrochemical ABS layout 1.
6 million tons of ABS?

On the evening of August 17, Rongsheng Petrochemical announced the investment of three projects, two of which involved ABS products
.

1.
High-performance resin project

With a total investment of 19.
2 billion yuan, the project will build 300,000 tons/year LDPE/EVA (tubular) plant, 100,000 tons/year EVA (kettle) plant, 400,000 tons/year LDPE plant, 200,000 tons/year DMC unit, 36,000 tons/year PMMA unit and 1×.
2 million tons/year ABS plant
, using the chemicals produced by the first and second phases of Zhejiang Petrochemical as the main raw materials.

2.
Ethylene Phase II project product structure optimization project

Zhejiang Petrochemical Co.
, Ltd.
is expected to invest 34.
5 billion yuan in the new 1.
4 million tons/year ethylene and downstream chemical plant (product structure optimization of the second phase project), and build 1.
4 million tons/year of ethylene, 300,000 tons/year of vinyl acetate, 380,000 tons/year of polyether polyol, 27/600,000 tons/year of PO/SM, 40/250,000 tons/year of phenolacetone, 250,000 tons/year of butadiene extraction, 350,000 tons/year of high-density polyethylene, 400,000 tons/year of ABS, 100,000 tons/year of HRG latex, 60,000 tons/ Annual polybutylbenzene &100,000 tons/year rare earth cis-butadiene rubber, 750,000 tons/year pyrolysis gasoline hydrogenation, 100,000 tons/year styrene &30,000 tons/year ethylbenzene extraction, 600,000 tons/year of styrene, 200,000 tons/year of ethylene carbonate (including 240,000 tons/year of ethylene glycol plant CO2 recovery), 800,000 tons/year of ethylene glycol, etc
.