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On September 7, the groundbreaking ceremony of Shenghong Chemical New Material Project was held
As a major project in Jiangsu Province in 2022, Shenghong Chemical New Materials Project is mainly based on new energy materials, and plans to build 700,000 tons/year EVA, PO/SM and polyols, high-end polyolefins and other projects
According to the plan, Shenghong Chemical New Material Project Carbon Five/Carbon Nine Separation Device is scheduled to be handed over in March 2024; THE PO/SM project is scheduled to be handed over in August 2024; The first set of 200,000 tons of EVA projects is scheduled to be delivered in November 2024; Other projects will be handed over
The total production capacity is 350,000 tons of EVA projects
The EVA projects started by Shenghong mainly include: three sets of 200,000 tons / year tubular photovoltaic grade EVA devices, a 100,000 tons / year kettle method high-end hot melt adhesive grade EVA device, and a set of 50,000 tons / year high-end copolymer EnBA device
After the completion of the project, Shenghong will achieve the strategic goal of "million tons of EVA" and become the world's largest high-end EVA supply base
Due to the high production barriers of photovoltaic-grade EVA, the long expansion cycle, and the many restrictions on production conversion, there are only a few enterprises
PO/SM and polyol projects
The PO/SM and polyol projects started this time will comprehensively use ethylene, propylene and benzene from the Shenghong Refinery Integration Project for deep processing to further produce polyether polyols (PPG) and polymer polyol (POP) products, which can eventually extend the industrial chain to the field of
At present, the state is vigorously promoting water-based coatings, the implementation of new policies for building energy conservation and other measures, with the development of automobiles, construction, furniture and other industries, the future polyurethane market demand will continue to increase
It is worth emphasizing that compared with the traditional process, Shenghong adopts the world's advanced level OF PO/SM co-production (co-oxidation method) device, which has low energy consumption and strong maturity and reliability, which will significantly improve the overall economic benefits and competitiveness
Shenghong Group's future strategy
Miao Hangen, chairman of Shenghong Holding Group, said that in the next step, the company will accelerate the integration and layout of the whole industry chain around high-end polyolefins, high-performance engineering plastics, high-performance membrane materials, green degradable plastics, special electronic chemicals, special functional fibers and other fields, providing key materials and competitive advantages