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    Home > Coatings News > Paints and Coatings Market > Wanhua Chemical's million-ton ethylene project plans to start production in the second half of 2020

    Wanhua Chemical's million-ton ethylene project plans to start production in the second half of 2020

    • Last Update: 2021-03-29
    • Source: Internet
    • Author: User
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    On July 17, at a series of press conferences held by the Yantai Municipal Government Information Office on the promotion of “the most important project” in the city, the person in charge of Wanhua Chemical Group Co.
    , Ltd.
    introduced the promotion of the second phase of the Wanhua Yantai Industrial Park project Happening.
    It is understood that Wanhua Yantai Industrial Park is Wanhua Chemical’s largest, highest-level and most competitive production base in the Asia-Pacific region.
    In 2018, it was listed as a major engineering project for the conversion of new and old kinetic energy and a key project of the high-end chemical industry.
    The industrial park covers a total area of ​​12 square kilometers, with a total planned investment of 110 billion yuan.
    The first phase of the 30 billion yuan investment in the "Old Factory Relocation and MDI Integration Project" and the "Propylene Oxide and Acrylate Integration Project" have been completed It was successfully completed and put into production in 2015 and achieved good returns.At present, the second phase of the Yantai Industrial Park includes more than 20 projects including ethylene, polyurethane industrial chain and new chemical materials.
    It is planned to be completed in the second half of 2020.
    Once completed, it will further enhance Wanhua's market competitiveness.
    According to reports, as the core of the second phase of Wanhua Yantai Industrial Park-the megaton ethylene project, it is the first megaton ethylene project to land in Shandong Province, with a total investment of 16.
    8 billion yuan, covering an area of ​​2,400 acres, and the main construction An ethylene plant with an annual output of 1 million tons, an LLDPE plant with an annual output of 450,000 tons, a PVC plant with an annual output of 400,000 tons, an EO plant with an annual output of 150,000 tons, a PO/SM plant with an annual output of 30 and 650,000 tons, and an annual output of 50,000 tons Diene plant and related supporting auxiliary projects.
    The construction of the ethylene project is conducive to perfecting the integration of the polyurethane industry chain in Wanhua Yantai Industrial Park, helping to solve the raw materials ethylene oxide and propylene oxide needed in the production process of polyether polyol in the industrial park, and can consume by-products of the isocyanate industry chain HCL promotes the balanced development of the industry.
    At the same time, the project also uses the most advanced technology in the world and the environmental protection PO/SM technology independently developed by Wanhua to build the highest-level domestic ethylene industry chain, fill the domestic gap, and break the foreign monopoly.
    It is reported that the Wanhua million-ton ethylene project has started construction in December 2018.
    Up to now, the project has signed a contract value of 14 billion yuan and completed an investment of 7.
    5 billion yuan.
    The steel structure, equipment, and pipeline installation work is currently underway.
    It will be completed and put into production in the second half of 2020.
                               
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