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Donghua Energy plans to invest 20 billion in Lianyungang, Jiangsu new propane dehydrogenation and polypropylene and other devices

Mar 05, 2018

 Donghua on the evening of March 1 notice that the company and the East, West and China Demonstration Zone (Xu Wei District Lianyungang) Management Committee ("Xu Wei New District Administrative Committee") on February 28 signed the "Donghua Energy Alkane Resources Deep processing base and new materials project cooperation agreement "(referred to as the" agreement "). The total investment of the project is about 20 billion yuan. The world's advanced production technology and technology are used to build propylene and polypropylene plants for propane dehydrogenation and high-end polypropylene composite plants represented by carbon fibers.

The announcement shows that the project plan is to be constructed in two phases. The construction contents include the construction of two 50,000-ton liquefied hydrocarbon terminals and supporting tank areas, two sets of 660,000 tons / year propane dehydrogenation unit and two sets of 400,000 tons / year poly Propylene plant and supporting catalyst preparation plant, carbon fiber represented by the high-end polypropylene composite factory. The total land area of about 2,500 acres. The Company suggests that the agreement, as a framework agreement for the cooperation between both parties and the implementation of specific projects, still needs to fulfill their respective approval procedures according to the actual situation.


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