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On May 2nd , Ningbo Huatai 700,000 tons / young hydrocarbon utilization project of China Chemical Second Company was successfully commissioned and commissioned, producing qualified styrene and polyethylene products.
On May 2nd , Ningbo Huatai 700,000 tons / young hydrocarbon utilization project of China Chemical Second Company was successfully commissioned and commissioned, producing qualified styrene and polyethylene products.
The project includes a 600,000 tons / year ethane-propane dehydrogenation unit, a 400,000 tons / year polyethylene unit and a 300,000 tons / year styrene unit, as well as supporting the construction of storage, material transportation pipelines and other facilities.
The project is a key project in Zhejiang Province and a special implementation project in Ningbo.
The total investment of the project is about 5.
095 billion yuan.
After completion, the production capacity of ethylene will reach 600,000 tons / year, the production capacity of polyethylene will reach 400,000 tons / year, and the production capacity of styrene will reach 300,000 tons / year, the estimated output value can reach 15 billion yuan / year, and the annual tax revenue will be about 600 million yuan.