Another PDH project is online!

This is a new 10 billion project introduced by the port area this year.
The settlement of this project will add another leading engine to the new chemical material industry in the port area
.
Dai Feng, Secretary of the Party Working Committee of Jiaxing Port District, and Zhong Renhai, Chairman of Hongji Petrochemical attended the signing ceremony
.

The total planned investment of the project is 11.
26 billion yuan, with a total area of ​​about 500 mu.
The project includes PDH, polypropylene, modified polypropylene, comprehensive utilization of hydrogen energy and related public facilities supporting projects
.
After the project is completed, it is expected to achieve an annual output value of 20.
2 billion yuan and a profit and tax of 2.
3 billion yuan
.

The signing and settlement of this project will further promote the industrial chain of China National Chemical New Materials (Jiaxing) Park to achieve a strong chain and complement the chain, optimize the industrial structure, and improve the industrial quality.
The establishment of the "Ten Billion Enterprise Group" will further provide a stronger and more abundant impetus to accelerate the extension of the new energy industry chain in the port area and build a hydrogen energy port in the Yangtze River Delta for the Jiaxing port area
.

Dai Feng, on behalf of the Party Working Committee and the Management Committee of the port area, extended warm congratulations to the signing of the project, and pointed out that Jiaxing Port Area will take the lead in implementing the first strategy, making great efforts to attract major high-quality projects, and promoting the high-quality development of the port area with high-quality projects
.
In the next step, the port area will set up a project promotion service class to provide enterprises with the best quality and efficient services, create the most favorable business environment, and ensure that the project will start as soon as possible and put into production as soon as possible
.

Zhejiang Hongji Petrochemical Co.
, Ltd.
(referred to as Hongji Co.
, Ltd.
) is a private technology-based enterprise integrating R&D, production, sales of polypropylene resin, and sales of propylene
.
The company was established in July 2009 with a registered capital of 208.
6 million yuan.
It was transformed into a joint stock company in September 2015.
It wholly holds two subsidiaries, Shanghai Yuehua Industrial Co.
, Ltd.
and Zhejiang Yalante New Material Technology Co.
,
Ltd.

Hongji Petrochemical has the production capacity of 240,000 tons of polypropylene powder and 150,000 tons of polypropylene pellets per year.
It will build two new polypropylene plants in Qinzhou, Guangxi and Jiaxing, Zhejiang in the future
.
Among them, the 240,000-ton/year polypropylene continuous production unit adopts domestic SPG (vertical liquid phase kettle and horizontal gas phase kettle) propylene polymerization technology, with a total investment of 518 million yuan
.

It is understood that since the resumption of work, Hongji Petrochemical has delivered more than 2,500 tons of meltblown special materials to the market, and the current production capacity has been increased to 45 tons per day
.

On February 26, 2020, the first meltblown cloth production line of Hongji Petrochemical was signed in Jiaxing
.
The total investment of the project is 40 million yuan
.
Recently, Hongji Petrochemical's meltblown cloth has also officially rolled off the production line, with a production capacity of 3 tons per day
.