Tongkun Group: 600,000 tons/year polyester production capacity will be put into operation in October

In August, Tongkun Group's Hengchao Chemical Fiber project with an annual output of 600,000 tons of lightweight and comfortable functional differentiated fibers has entered the stage of equipment installation and is scheduled to be put into operation at the end of October this year

This project is the second-phase project that Tongkun Group has invested heavily in construction after the first-phase project of Hengchao was successfully put into operation

Newly built PTA project with an annual output of 3 million tons

On August 1, 2022, the Administrative Examination and Approval Bureau of Qinzhou Port Area of ​​China (Guangxi) Pilot Free Trade Zone released the acceptance and announcement of the environmental impact report on the first phase of the new chemical material project of Tongkun Qinzhou Green Chemical Base

Tongkun Qinzhou Green Chemical Base Phase I Chemical New Material Project is a key project of Guangxi Tongkun Petrochemical Co.

It is understood that a new set of 3 million tons/year PTA plant adopts the two-step PTA production process and INVISTA's latest generation of PTA patented technology (P8+), that is, PX is used as raw material, cobalt acetate and manganese acetate are used as raw materials.

Layout upstream and downstream industry chain

In March 2022, the petrochemical polyester integration project invested and constructed by Jiatong Energy, a wholly-owned subsidiary, underwent preliminary installation, commissioning and trial operation, and the first polyester plant was officially put into operation

On May 30, Tongkun announced successively that it plans to start two chemical projects with a total investment of about 15.

Among them, Zhongkun New Materials 2x600,000 tons/year natural gas to ethylene glycol project has a total investment of 9.

In addition to investing in the upstream ethylene glycol production project, Tongkun also plans to invest 5.