The total investment is about 33 billion yuan!

It was learned from the Nanchong Municipal Government Network that on the morning of June 30, Yongrong Holding Group and Nanchong cooperated with the project - Yongying New Materials, an integrated industrial chain project with an annual output of 800,000 tons of functional new materials.
The first phase of the project is located in Nanchong Economic Development Zone.
Officially started
.

It is understood that the total investment of the integrated industrial chain project of Yongying New Materials with an annual output of 800,000 tons of functional new materials is about 33 billion yuan, covering an area of ​​about 5,000 mu.
The first phase of the project is expected to be completed and put into operation in December 2023
.

The environmental impact report published on the website of the Sichuan Nanchong Economic Development Zone Management Committee shows that Yongrong Group plans to use natural gas as raw material and use the acetylenic aldehyde method to produce 1,4-butanediol, and extend it to the downstream industry chain.
10,000 tons of functional new materials integrated industrial chain project”
.
The project is planned once and implemented in stages
.
The first phase of construction includes a natural gas to acetylene plant, a formaldehyde plant, a 1,4-butanediol (BDO) plant, a polyadipate/terephthalate (PBAT) plant, and a polytetrahydrofuran (PTMEG) plant.
And supporting public works and auxiliary production facilities, forming a production scale of 300,000 tons/year of BDO, 60,000 tons/year of PBAT and 60,000 tons/year of PTMEG
.