Over 23 billion!

On the evening of April 8, Wanhua Chemical announced that in order to achieve the deep extension of the company's chemical industry chain, undertake the transformation of independent research and development innovation achievements, and build a first-class green low-carbon high-end fine chemicals and new materials integrated manufacturing base, the company plans to pass Wanhua Chemical (Penglai) Co.

At present, Penglai Industrial Park has completed the feasibility study project with a planned investment of 23.

Specifically, the planned project plans to cover an area of ​​about 3,310 mu, mainly constructing 900,000 tons/year propane dehydrogenation, 500,000 tons/year polyether, 400,000 tons/year POCHP, 300,000 tons/year polypropylene, 30 tons/year 10,000 tons/year EO, ​​300,000 tons/year EOD, acrylic acid and ester (160,000 tons/year acrylic acid, 160,000 tons/year butyl acrylate, 20,000 tons/year octyl acrylate), 200,000 tons/year carbonate , 30,000 tons/year of emollient, air separation and other devices and supporting public works and auxiliary facilities

The project plans to invest 1.

Regarding the investment value of the project, Wanhua Chemical stated that the straight-line distance between Penglai Industrial Park and Yantai Industrial Park is about 40 kilometers.

In addition, Wanhua Chemical also stated that the Wanhua Penglai Base is planned to be built into a comprehensive low-carbon chemical park with first-class technology level and product added value, green and environmental protection, which will help increase the company's operating income and profits, and increase shareholder returns.

Investor Profile

Name of investor: Wanhua Chemical (Penglai) Co.

Enterprise nature: limited liability company

Registered place: No.

Legal representative: Chen Yifeng

Registered capital: RMB 1,000,000,000

Business scope: General items: basic chemical raw material manufacturing (excluding hazardous chemicals and other licensed chemicals); chemical product production (excluding licensed chemical products); special chemical product manufacturing (excluding hazardous chemicals); synthesis Manufacturing of materials (excluding hazardous chemicals); manufacturing of plastic products; sales of chemical products (excluding licensed chemical products); sales of specialized chemical products (excluding hazardous chemicals); sales of synthetic materials; sales of coal and products; engineering plastics and Sales of synthetic resins; sales of high-performance fibers and composite materials; sales of petroleum products (excluding hazardous chemicals); sales of new catalytic materials and additives; sales of non-metallic minerals and products; research and development of new materials technology; import and export of goods; technology import and export

Wanhua Chemical (Penglai) Co.

Wanhua Chemical (Penglai) Co.