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On April 13 , Tongde Chemical issued an announcement regarding its wholly-owned subsidiary investing in a new BDO project with an annual output of 240,000 tons .
On April 13 , Tongde Chemical issued an announcement regarding its wholly-owned subsidiary investing in a new BDO project with an annual output of 240,000 tons .
Basic situation of project investment:
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The announcement shows that this project is a newly-built fully biodegradable plastic project with an annual output of 60,000 tons for the supporting company.
BDO ( 1,4- butanediol) is an important organic chemical and fine chemical raw material.
Since 2021, the price of BDO has soared, breaking through the 30,000 yuan / ton mark in late February .
Recently, China has announced new BDO The largest is the constant force energy (Yulin) New Materials Co.
, Ltd.
180 Wandun / years BDO project, the construction scale and content : 425 Wandun / of formaldehyde ( 37.
5% meter) device 180 Wandun / Year 1,4- butanediol device, 1 million tons / year absolute ethanol device, 180,000 tons / year PTMEG device, 180,000 tons / year PBAT device, 160,000 tons / year polyformaldehyde device, and spandex production Device.
The total investment is 20.
8 billion yuan, and construction is planned to start in April 2021 .
