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On September 24, "Sharing New Opportunities for Cooperation and Building a New Pattern for Development-The Promotion Conference and Signing Ceremony of'Gulf Enterprises Entering Guangxi' in 2020" was held in Shenzhen.
On September 24, "Sharing New Opportunities for Cooperation and Building a New Pattern for Development-The Promotion Conference and Signing Ceremony of'Gulf Enterprises Entering Guangxi' in 2020" was held in Shenzhen.
According to the agreement, Cedar Holdings will build a new chemical material base in Qinzhou Petrochemical Industrial Park.
As early as September 9, Zibo Qixiang Tengda Chemical Co.
, Ltd.
(Qixiang Tengda for short) issued an announcement about the signing of an investment cooperation framework agreement between the company and the Guangxi Qinzhou Municipal Government.
The light hydrocarbon downstream new material base projects invested and constructed this time include: the first phase of the project investment is about 3.
2 billion yuan, and the average annual sales income will be about 4 billion yuan after completion.
The construction content includes: 100,000 tons/year maleic anhydride project, 80,000 tons The ton/year methyl ethyl ketone project, the 200,000 ton/year nitrile latex project, as well as the relevant supporting tank farms and sewage reuse devices.
The second phase of the project has an investment of about 9 billion yuan.
After completion, it will realize an average annual sales income of about 11 billion yuan.
The construction content includes: 450,000 tons/year propane dehydrogenation project, 300,000 tons/year hydrogen peroxide method propylene oxide project, 200,000 tons /Year isononanol project and so on.
At the same time, according to the local good resource conditions, raw material supporting production capacity progress and related product market conditions, consider choosing opportunities to build new material projects such as degradable plastics and unsaturated polyester resins, so as to further extend and expand the industrial chain and better serve South China downstream market.
Preliminary planning is to build a 50,000 tons/year polylactic acid project, a 60,000 tons/year PBAT project, and a 200,000 tons/year unsaturated polyester resin project.
