The total investment exceeds 18 billion!

It is reported that the production time of Guoheng Chemical’s 660,000-ton PDH project has been finalized, and its supporting upstream and downstream industries—Fujian China Gas Meizhou Bay Energy Project and Sinochem Tianchen PO Project are also accelerating the construction.
Quangang District is about to form a total investment exceeding 18 billion "LPG-propylene-propylene oxide-polyether" industry chain
.

The 660,000-ton PDH project is scheduled to be put into operation in the first quarter of 2023

In the Nanshan area of ​​Quangang Petrochemical Industrial Park, the construction site of the Quanzhou Guoheng Chemical Project is busy and busy.
Machinery and equipment are shuttled back and forth.
More than 2,300 workers are working on the front line to catch up with the construction period
.

Factory director Liang Renjie introduced the situation

construction site

In March 2020, the project landed in Quangang and was constructed with an investment of 11.
6 billion yuan by Taiwan Guoqiao Petrochemical Co.
, Ltd.
It is a key project of the "Special Plan for High-Quality Development of the Manufacturing Industry in the 14th Five-Year Plan of Fujian Province", and it is also one of the nearly 3 One of the largest Taiwan-funded projects in years
.

According to the plan, it will cover an area of ​​800 mu and build a new 1 million ton/year propane dehydrogenation (PDH) and 900,000 ton/year polypropylene (PP) plant.
After it is completed and put into operation, the annual output value is expected to be 10 billion yuan, and the annual tax will be 1 billion yuan
.
The project is planned to be constructed in two phases.
The first phase will build a 660,000-ton/year propane dehydrogenation (PDH) and 450,000-ton/year polypropylene (PP) plant.
It is planned to be mechanically completed by the end of 2022, and will be completed and put into operation in March next year; project two It is planned to start in the second half of 2023, and be completed and put into operation by the end of 2025
.

The total planned investment of the first phase of the project is 6.
3 billion yuan, and the investment of 1.
2 billion yuan has been completed by the end of March this year
.
In 2022, it plans to invest 4.
1 billion yuan
.

1.
The civil work of the project has exceeded 80%

"At present, 80% of the civil construction has been completed, and it is planned to be completed next month; in terms of public and auxiliary facilities, 60% of the progress has been completed
.
" Director Liang Renji said that the equipment with the largest volume and weight in the project - "propylene-propane separation tower" "Arrived in the park a few days ago, its length is more than 106 meters, the diameter reaches 10 meters, and it weighs about 1,600 tons after "wearing clothes and hats"
.
A crawler crane responsible for lifting the separation tower has also entered the site.
This machine can lift equipment weighing about 4,000 tons, which is relatively rare in China
.
Around mid-June, this "Big Mac" will be built and become a "landmark" of Guoheng
.

2.
Help the industrial chain of "LPG→propylene→propylene oxide→polyether"

The project is a key link in the development of Quangang petrochemical industry to extend the chain, supplement the chain and strengthen the chain.
After the project is put into operation, it will play a positive role in driving the downstream industries of propylene and polypropylene, and will promote the formation of mutual raw materials and mutual cooperation among enterprises in Quangang Petrochemical Industrial Park.
Market, upstream and downstream integration pattern, to build a "LPG→propylene→propylene oxide→polyether" industrial chain with a total investment of 18 billion yuan, and the overall upstream and downstream economic benefits can reach an output value of 20 billion yuan
.

From the perspective of each link of the industrial chain, the upstream link, the propane raw material required for the PDH project is imported from the China Gas Terminal in the park
.
In order to ensure the supply of raw materials for the project, as early as November 2021, Guoheng Chemical and China Gas signed an LPG terminal storage agreement (specific information is as follows), and then China Gas launched the Fujian China Gas Meizhou Bay Energy Project (detailed later).
)
.

On November 7, 2021, China Gas subsidiary Fujian China Gas Meizhouwan Energy Co.
, Ltd.
and Quanzhou Guoheng Chemical Co.
, Ltd.
recently entered into a large-scale terminal loading and unloading and warehousing service agreement
.
According to the agreement, Fujian Chimbusco and Quanzhou Guoheng have reached the following cooperation contents: Quanzhou Guoheng will use Fujian Chimbusco’s liquefied hydrocarbon terminal, propane and propylene storage tanks and related facilities in Quangang District, Quanzhou, China for propane and propylene handling, Storage and Pipeline Services
.
Among them: Propane Quanzhou Guoheng, in order to meet the needs of propane storage and turnover, leased and used Fujian China Gas and related equipment and facilities in a tank-passing manner.
The contract period is 10 years
.
In order to meet the needs of propylene storage and turnover, propylene Quanzhou Guoheng leased and used Fujian China Gas and related equipment and facilities in a packaged tank.
The contract period is 10 years
.

In the downstream link, the propylene produced by the project is supplied to Tianchen (Quanzhou) New Materials for the production of propylene oxide project.
At present, the construction of China Chemical Tianchen (Quanzhou) New Materials 600,000-ton PO Project (Phase I) is also in full swing
.