The total investment is 10.2 billion yuan! Construction of a new project in satellite chemistry began

On the morning of January 3, the commencement ceremony of the third phase of the 10 billion project of satellite energy and the departure ceremony of the "big grasp project" in Pinghu City were held
in Dushan Port Economic Development Zone.

Zhejiang Satellite Energy Co.
, Ltd.
started this time with an annual output of 40,000 tons of hydrogen, 900,000 tons of propylene, 800,000 tons of polycarbonate, 80,000 tons of neopentyl glycol chemical new materials and hydrogen energy utilization integration project (referred to as Zhejiang Satellite Energy Co.
, Ltd.
new energy and new materials integration project), with a total land of about 496 mu and a total investment of about 10.
2 billion yuan, mainly constructing PDH, polycarbonate, neopentyl glycol, supporting air separation, syngas equipment, syngas purification and other process devices, as well as storage and transportation engineering, public works, Ancillary engineering, service engineering and off-site engineering
.

After the project reaches production, it is expected that the annual output value will be 15.
6 billion yuan, the annual profit will exceed 2 billion yuan, the annual tax revenue will be more than 1 billion yuan, the average investment per mu will be 17 million yuan, and the average tax per mu will exceed 2 million yuan
.
The construction of this project will effectively solve the problem of supporting upstream and downstream raw materials in the three industrial chains of satellite energy, improve the integration of the industrial chain, create a green and low-carbon new material industrial chain, and form an industrial cluster
.

Disclosure of EIA information for integrated projects

On the same day, the integrated project made the EIA information public.

Project Name: Annual output of 40,000 tons of hydrogen/900,000 tons of propylene/800,000 tons of polycarbonate/80,000 tons of neopentyl glycol chemical new materials and hydrogen energy utilization integration project;

Nature of the project: expansion project;

Construction: Zhejiang Satellite Energy Co.
, Ltd.
;

Project construction site: east side of Zhengang Road, Dushan Port, Pinghu City, Zhejiang Province, south side of Yantang River;

Project construction content: The project mainly constructs PDH, polycarbonate, neopentyl glycol, supporting air separation, syngas plant, syngas purification and other process equipment, as well as storage and transportation engineering, public works, auxiliary engineering, service engineering and off-site engineering
supporting process equipment.
After the completion of the project, it will form an annual production capacity
of 40,000 tons of hydrogen/900,000 tons of propylene/800,000 tons of multi-carbon alcohol chemical new materials and hydrogen energy utilization integration project.
It is expected that the annual output value will 1560635 million yuan, and the tax revenue will be 102136 million yuan
.

Labor quota and production organization: This project has added 449 new labor quotas, 24h continuous production of production equipment, and annual operation of 8000h (333 days).

PDH industry giants have risen to the ground

As a wholly-owned subsidiary of Satellite Chemical, Zhejiang Satellite Energy Co.
, Ltd.
has built two phases of PDH production capacity totaling 900,000 tons, both using UOP technology process, if the three-phase integrated project is put into operation, the company's PDH production capacity will reach 1.
8 million tons/year
.