Qilu Petrochemical's 250,000-ton polypropylene project promotes the replacement of imported high-end products

On February 17, Qilu Petrochemical's 250,000 tons/year polypropylene project completed the filing on the Shandong Provincial Online Approval and Supervision Platform for Investment Projects
.

In October 2018, a signing ceremony was held for the joint venture polypropylene project between Zhangdian District of Zibo City and Qilu Petrochemical.
The project was successfully settled in Zhangdian East Chemical Industry Zone.
It was jointly constructed by Qilu Petrochemical and Zibo East Chemical Construction Development Co.
, Ltd.
, covering an area of ​​201 mu.
, with a total investment of 1.
09 billion, mainly to build a 250,000-ton/year polypropylene process unit
.

After the project is completed, it will greatly increase the market share of high-end polypropylene polypropylene of Sinopec Qilu Branch, filling the gap in the layout of high-end polypropylene products in the province
.
After reaching production, the annual sales income will be 2.
2 billion yuan, the profit will be 110 million yuan, the tax revenue will be 45.
93 million yuan, and 122 new jobs will be created
.

The 250,000 t/a polypropylene joint venture project adopts Sinopec's own advanced technology, complete safety and environmental protection facilities, and can produce high-end polypropylene products with rigidity, melt strength, impact strength, heat sealability, low temperature properties , Transparency has significant advantages, which is conducive to Qilu Petrochemical's implementation of differentiated strategies and customized production, promoting the development of polypropylene to the high-end market that replaces imported products, further consolidating and expanding the market share of polypropylene products, and improving economic benefits
.