1 Sep 2022
Facility to produce “high-end polyolefin products”, including 400ktpa of elastomers
Yanati, China – Wanhua Chemical Group has been given the green light by the Shandong Provincial Development and Reform Commission to construct a major chemicals plant in Yantai Chemical Industry Park, in eastern China.
The facility will produce 1.2 million tonnes per year of ethylene and downstream high-end polyolefin products, said a Wanhua statement 23 Aug.
The project will include the construction of an ethylene cracker; a 250 kilotonne-per-annum (ktpa) low density polyethylene (LDPE) plant and two 200ktpa polyolefin elastomer (POE) plants.
The facility will also have a 200ktpa butadiene production unit as well as 550 ktpa pyrolysis gasoline hydrogenation unit – including a 30ktpa styrene extraction unit, Wanhua added.
The total investment in the project is 17.6 billion yuan (€2.5 billion), which Wanhua siad is subject to further approvals by the board of directors and investors.
The Wanhua statement did not provide a timeline for the project but the Chinese group previously stated that the project is planned from 2022 to 2025, with early production scheduled for June 2024.
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