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On July 28, Donghua Energy Co.
, Ltd.
issued an announcement, and recently received a notification from its holding subsidiary Donghua Energy (Ningbo) New Materials Co.
, Ltd.
(hereinafter referred to as "Ningbo New Materials Company") that Ningbo New Materials Company successfully produced the first A batch of high-end polypropylene transparent special material PPR-MT12, which can be used to produce medical and daily necessities such as medical syringes, transparent plastic water cups, transparent lunch boxes, and transparent storage boxes
.
In response to market demand, the company has successfully produced transparent special material random copolymer polypropylene PPR-MT12 using GRACE's UNIPOL process patented technology and the sixth generation of non-phthalate catalysts (no plasticizer)
.
In May 2021, 2 sets of 400,000 tons/year polypropylene plants of Donghua Energy Ningbo Phase III Project were put into operation, and the total polypropylene production capacity rose to 1.
6 million tons/year
.
Focus on new materials with olefins such as polypropylene as masterbatches
Focus on new materials with olefins such as polypropylene as masterbatchesRecently, some investors asked whether the company produces bisphenol A? Donghua Energy stated that the company does not produce bisphenol A.
At present, the company focuses on the development of new materials with olefins such as polypropylene as masterbatches
.
In response to the by-product hydrogen issue, some investors asked: At present, the company produces 60,000 tons of high-purity low-cost hydrogen by-product every year, and is it expected to reach 200,000 tons after the first phase of Maoming in 2022?
Donghua Energy: The hydrogen by-product will be determined according to the scale of the PDH unit
.
Layout of the whole industry chain, focusing on green chemical industry and hydrogen energy
Layout of the whole industry chain, focusing on green chemical industry and hydrogen energyAt the end of December 2020, Donghua Energy announced to increase the total investment of the Maoming alkane comprehensive utilization project to 100 billion yuan.
At this stage, the investment is 40 billion yuan to build the first phase of the project.
The construction content is 2 sets of 600,000 tons/year propane dehydrogenation units + 3 1 set of 400,000 tons/year polypropylene plant + 1 set of 200,000 tons/year synthetic ammonia plant; 2 sets of 1 million tons/year propane dehydrogenation and 4 sets of 500,000 tons/year polypropylene; 1 set of 1 million tons/year ethylene + 2 sets of 500,000 tons/year polyethylene; as well as public works and supporting wharf, pipe gallery, tank farm and supporting facilities, all planned to be completed before June 2025
.
On July 13, 2021, Donghua Energy issued an announcement that in order to comply with the market trend of rapid development of new material products in the downstream of the company's industrial chain, high-value use of propylene and by-product hydrogen produced by Donghua Energy (Maoming) alkane resource comprehensive utilization project , the company plans to invest in the construction of acrylonitrile and its supporting projects, with a total investment of about 935 million US dollars
.
The implementation of the acrylonitrile project has better combined the company's existing production advantages and industrial layout, seeking breakthroughs and main support in the field of hydrogen application, forming a whole industry chain, laying the foundation for the company's industrial upgrading and continuous profitability enhancement, in line with the company's The concept of developing new materials and fine chemicals is in line with the country's industrial development policy of vigorously developing new technologies, new materials, adjusting structure, and maintaining growth
.
