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[Industry Focus]:With a total investment of 3.53 billion yuan, the 300000-ton/year PO plant of Lihua Yiweiyuan was put into operation.

Recently, Lihua Yi Weiyuan Chemical Co., Ltd. successfully put into production its 300000 tons/year direct oxidation propylene oxide project, and the product inspection qualified began to sell.

As an important chain extension project of the company, this project takes propylene and hydrogen produced by the company's own propane dehydrogenation unit as raw materials, which can maximize the mutual supply and use of raw materials, products and energy. It is another measure in principle of the company's project development of "building chain, extending chain, supplementing chain and strengthening chain", which strengthens the comprehensive utilization of circulating materials and heat energy between the units and can realize the extension of the upstream and downstream of the industrial chain, further enhance the resilience of the industrial chain and enhance the overall level and competitiveness of the company's industrial chain.


Weiyuan Stock 300000 Tons/Year PO Project


project Name:300000 tons/year direct oxidation propylene oxide project


project construction unit: lihua Yi Weiyuan Chemical Co., Ltd.


Project construction site: lijin Economic Development Zone


project content: the project intends to use the products produced by the company's propane dehydrogenation project as the main raw material, the use of hydrogen peroxide direct oxidation production process, the construction of 300000 tons/year direct oxidation of propylene oxide, 900000 tons/year hydrogen peroxide device, and supporting public works and auxiliary production facilities.


Investment scale: according to the feasibility study report, the total investment of the project is expected to be 3.53 billion yuan, of which the construction investment is 3.445 billion yuan and the working capital is 0.085 billion yuan. Project funds are financed by the company's own funds and bank loans.


Project construction period:20 months


estimated economic benefits: after being completed and put into operation, the project will add 300000 tons of propylene oxide products annually to improve the utilization level of hydrogen resources. It is expected to achieve an average annual sales revenue of 3.578 billion yuan and a profit of 0.409 billion yuan, further optimize the product structure, increase product application areas, and improve comprehensive Service capabilities, enhance core competitiveness, and have good economic and social benefits.

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