Xinhai Holdings started construction of two new chemical material projects

Global Coatings Network News: Recently, the completion ceremony of Xinhai Chemical New Material Complex and the groundbreaking ceremony of Aokai Petrochemical High-end Composite Material Complex were held
in Hebei Xinhai Holding Group Co.
, Ltd.
(hereinafter referred to as Xinhai Holdings).

The total investment of Xinhai Chemical New Material Complex Project is 12.
9 billion yuan, and after the completion of the project, it will promote the transformation of Xinhai Holdings into a base of high-quality chemical new materials
.
The project includes clean fuel quality upgrade, product deep processing and comprehensive utilization projects, which can produce methyl tert-butyl ether, isooctane, ethane, ethylene, propane, propylene, butane, butene and other products
.
The commissioning of this project will lay a good foundation
for the deep processing of products and the comprehensive utilization of chemical materials.

At the same time, Xinhai Holdings' 16 billion yuan investment of Aokai Petrochemical high-end composite complex project started construction, which will be built
in three phases.
The project will extend the asphalt deep processing industry chain and produce high-end composite materials and electrode materials
.

It is reported that the completion and start of the new chemical material project group is of great significance to promote the extension of the local green petrochemical industry from "oil head" to "chemical tail" and accelerate the construction of
a high-quality chemical new material base.