10 billion 500 million yuan! Ningbo Jinfa 1.2 million tons polypropylene new material project started

Recently, Ningbo Jinfa New Material Co., Ltd., one of the province's major projects located in Beilun Jinfa new material industrial park, with a total investment of 10.5 billion yuan and an annual output of 1.2 million tons of polypropylene thermoplastic elastomer and modified new material integration project, held a commencement ceremony Deputy Secretary of CPC Zhejiang Provincial Committee and Secretary of Ningbo Municipal Committee attended the commencement ceremony and delivered a speech According to the introduction, the new project is planned to be constructed in two phases, the first phase mainly includes 600000 T / a propane dehydrogenation, 800000 T / a polypropylene, 400000 T / a modified polypropylene new material production line and supporting utilities In the second phase, 600000 T / a propane dehydrogenation and 400000 T / a polypropylene will be constructed It is planned to invest about 6 billion yuan in the first phase and 4.5 billion yuan in the second phase The first phase of the project is planned to be completed and put into operation by the end of 2023 After the first phase is completed, the annual sales volume is expected to reach 10 billion yuan Phase II project is planned to be completed and put into operation by the end of 2026 After the completion of the second phase, it is estimated that the annual total sales volume of Ningbo blonde new materials will reach 20 billion yuan Ningbo Jinfa New Material Co., Ltd is formerly Ningbo Haiyue New Material Co., Ltd established in April 2011, with a registered capital of 1.37 billion yuan Listed company Kingfa technology completed the acquisition of Ningbo Haiyue New Material Co., Ltd in May 2019 and renamed it "Ningbo Kingfa New Material Co., Ltd." The company is located in Qingshi Industrial Park, Ningbo Economic and Technological Development Zone, covering an area of 1300 mu The total investment of the project is about 16 billion yuan, including 600000 T / a propane dehydrogenation unit, 600000 T / a isooctane unit, 1 million T / a gas separation unit, 40000 t / A methyl ethyl ketone unit, 30000 T / a sulfuric acid regeneration unit, 50000 T / a chemical special wharf, 373000 m3 tank capacity, public works and auxiliary production Production facilities, etc   On July 1, 2019, Ningbo Jinfa and Ningbo Economic and Technological Development Zone Management Committee signed the investment framework agreement of Ningbo Jinfa new materials Co., Ltd and issued the announcement: Ningbo Jinfa plans to carry out the construction of new projects on the basis of the original production scale, mainly to replace the imported medium and high-end polypropylene market as the direction, with the medium and high-end modified plastic new material industry as the goal, adopting the country With advanced domestic production process, the "1.2 million T / a polypropylene thermoplastic elastomer (PTPE) and modified new material integration project" is newly built The new project is located in Ningbo Economic and Technological Development Zone (Beilun Qingshi), which is the new project under construction.