Ye's chemical plans to build a new solvent production base in Gaolan Port, Zhuhai

Yep chemical's solvent business plans to build a new production base in Gaolan Port Economic Development Zone, Zhuhai, where it plans to purchase 70 mu of development land As the world's major environmental friendly solvent acetate manufacturer, the group's annual production capacity of acetate solvent has exceeded 1 million tons, accounting for 70% in South China In order to meet the long-term development needs, the group plans to build a new solvent production base with an annual capacity of about 600000 tons in Gaolan Port, Zhuhai In the first half of the year, the group will strive to complete all the procedures related to project approval and application for approval The group aims to put the project into production by the end of 2021, at which time, it will allocate the capacity of South China plant according to the market demand Gaolan Port, located in the new base, is one of the most mature chemical industry parks in South China It has complete supporting facilities and is adjacent to large-scale ports It enjoys logistics advantages and can provide competitive steam cost, which is of strategic significance After the new base is put into operation, it will further consolidate the group's global position in the solvent industry and establish a solid foundation for the long-term development of the solvent business in South China.