What is the production capacity and timeline for CovationBio's first commercial bio-based THF and PTMEG plant?

CovationBio's first commercial plant in Qidong, Jiangsu Province, China, has reached mechanical completion and will begin commercial production in the second half of 2026, with an annual capacity of 50,000 metric tons of bio-based THF and PTMEG.

How does CovationBio plan to scale its bio-based THF and PTMEG production beyond the initial phase?

Two additional phases are planned to scale the annual production capacity to 500,000 metric tons at a total investment cost of RMB 10 billion, though no specific timeline for these phases was provided in the announcement.

CovationBio completes construction of bio-based THF, PTMEG plant

Apr 21, 2026

CovationBio completed its first commercial plant for renewable THF and PTMEG in China, targeting production start in the second half of 2026 with an initial capacity of 50,000 metric tons. Phases aim to scale total capacity to 500,000 metric tons amid rising global demand.

chemweek

2026-04-21

CovationBio completes construction of bio-based THF, PTMEG plant

CovationBio completes construction of bio-based THF, PTMEG plant

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