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[Industry Focus]:Total investment 10.2 billion! The satellite chemical integration project is publicized before planning and approval, including 900000 tons of propylene and 80000 tons of neopentyl glycol.

On January 8, 2024, pinghu municipal people's government issued a pre-approval announcement to publicize the projects with an annual output of 40000 tons of hydrogen/900000 tons of propylene/800000 tons of polyhydric alcohol/80000 tons of neopentyl glycol chemical new materials and hydrogen energy utilization integration projects-(bid 2) and (bid 6).

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Satellite Energy New Energy New Material Integration Project

on the morning of January 3, 2023, the start of the satellite energy phase III 10 billion project and the launching ceremony of Pinghu City's "big grasp project" were held in Dushan Port Economic Development Zone.

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The start of the Zhejiang Satellite Energy Co., Ltd. With an annual output of 40000 tons of hydrogen, 900000 tons of propylene, 800000 tons of polyhydric alcohol, 80000 tons of neopentyl glycol chemical new materials and hydrogen energy utilization integration project (hereinafter referred to as Zhejiang satellite energy co., ltd. new energy and new materials integration project), the total land area is about 496 mu and the total investment is about 10.2 billion yuan. The main construction of PDH, multi-carbon alcohols, neopentyl glycol, supporting air separation, synthesis gas unit, synthesis gas purification and other process equipment, as well as supporting the process equipment storage and transportation works, public works, auxiliary works, service works and off-plant works.

after the project reaches production, it is estimated that the annual output value is 15.6 billion yuan, the annual profit is over 2 billion yuan, the annual tax revenue is over 1 billion yuan, the average investment per mu is 17 million yuan, and the average tax revenue per mu is over 2 million yuan. Kou Liang, executive deputy general manager of Zhejiang Satellite Energy Co., Ltd., introduced to reporters that the construction of the project will effectively solve the problem of supporting raw materials in the upstream and downstream of the satellite energy carbon three industry chain, improve the degree of industrial chain integration, and create a green and low-carbon new material industry chain. Form an industrial cluster.

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Project Name: annual output of 40000 tons of hydrogen/900000 tons of propylene/800000 tons of polyalcohol/80000 tons of neopentyl glycol new chemical materials and hydrogen energy utilization integration project;

nature of Project: expansion projects;

construction unit: zhejiang Satellite Energy Co., Ltd;

project construction site: east side of zhengang road, dushan port, pinghu city, zhejiang province, along the south side of the pond;

project construction content: the project mainly constructs PDH, polyalcohol, neopentyl glycol, supporting air separation, synthesis gas unit, synthesis gas purification and other process units, as well as storage and transportation works, public works, auxiliary works, service works and off-plant works supporting the process units. After the completion of the project, the production capacity of 40000 tons of hydrogen/900000 tons of propylene/800000 tons of multi-carbon alcohol chemical new materials and hydrogen energy utilization integration project will be formed. The estimated annual output value is 15606.35 million yuan and the tax revenue is 1021.36 million yuan.

labor capacity and production organization: the project has a new labor capacity of 449 people, and the production unit will continuously produce for 24 hours with an annual operation of 8000h (333 days).

As a wholly-owned subsidiary of satellite chemistry, Zhejiang Satellite Energy Co., Ltd. has built two phases of PDH production capacity of 900000 tons, all using UOP technology, if the three-phase integration project is put into operation, the company's PDH production capacity will reach 1.8 million tons/year.

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