Wanhua Chemical invests 40 billion yuan in the construction of high-performance resin and water-based coatings project in Meishan

recently, the list of key projects in Meishan City, Sichuan Province, 2020 provincial key projects and Meishan City 2020 city key project list announced, in the Meishan Municipal People's Government on the implementation of three major actions to grasp the 2020 key project construction notice, including Wanhua Chemical annual output of 250,000 tons of high-performance modified resin project (phase 1), the total investment of the project 1.36 billion yuan, covers an area of 580 acres, started construction on March 27, 2019, the main construction of an annual output of 100,000 tons of modified polypropylene resin device, an annual output of 100,000 tons of water-based resin device, an annual output of 50,000 tons of modified PC devices and utility facilities and auxiliary facilities, the project is expected to be completed and put into operation this yearnew materials produced by the project can be widely used in the automotive and home appliances fields and are important alternatives to metal materialsAfter the completion of the project, will be conducive to Meishan City to build automotive interior and exterior decoration and protective materials and home appliances, electrical appliances, office electrical and electrical shell materials, as well as various types of paint field in the southwest region production base, is expected to annual sales revenue of about 3.4 billion yuan, annual tax of about 150 million yuan, to solve the employment of 420 peoplein addition,, Wanhua Chemical Southwest Base Project (Phase II) project is scheduled to start construction in August 2020, with a total investment of 40 billion yuan, mainly to build high-performance resins and water-based coatings, biofermentation and biodegradable plastics, lithium battery materials, vitamins and nutritional chemicals four major industrial chain 11 projects