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Weiyuan Co., Ltd. invests in the construction of propylene oxide project

 Last Update: 2022-10-29
 Source: Internet
 Author: User

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　　On July 18, Weiyuan announced that the company held the ninth meeting of the second board of directors and reviewed and approved the "Proposal on the Investment and Construction of a 300,000-ton/year Direct Oxidation Propylene Oxide Project".

.

　　According to reports, the project construction site is Lijin Economic Development Zone.
It will use the products produced by the company's propane dehydrogenation project as the main raw material, and use the hydrogen peroxide direct oxidation production process to build 300,000 tons/year of propylene oxide and 900,000 tons/year of hydrogen peroxide.
installation, and supporting public works and auxiliary production facilities
.
According to the feasibility study report, the estimated total investment of the project is 3.
53 billion yuan, of which the construction investment is 3.
445 billion yuan, and the initial working capital is 85 million yuan
.
The project funds are composed of the company's own funds and bank loans, and the construction period is 20 months
.

　　Weiyuan Co.
, Ltd.
said that after the project is completed and put into operation, it will add 300,000 tons of propylene oxide products annually, improve the utilization level of hydrogen resources, and is expected to achieve an average annual sales income of 3.
578 billion yuan and a profit of 409 million yuan
.

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