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[Industry Focus]：Total Investment 6 billion, Changhua Chemical Proposed 1.02 million Tons of Polyether Polyol Project

Read： 319 Time：4months ago Source：Caixin, New Chemical Materials.

On September 12, according to the record of investor relations activities released by Changhua Chemical, the company's wholly-owned subsidiary of Lianyungang plans to build a "carbon dioxide polyether and high-performance polyol project". At present, the project filing and safety condition review procedures have been completed, and other pre-construction procedures are being carried out in an orderly manner. This project is constructed in stages, with the first phase planned to start construction in 2024 and put into production in 2025.

Project Overview

on the morning of June 24, Changhua Chemical's carbon dioxide polyether and high-performance polyol project held a groundbreaking ceremony in Xuwei New District. Lv Jie, vice mayor of the municipal government and secretary of the Party Working Committee of Xuwei New District, Gu Renfa, chairman of Changshun Group, Yang Maoliang, chairman of China Polyurethane Industry Association, Wiggins, CEO of Ikonic, UK, He Bo and Xu Xiaosu, deputy directors of the New District Management Committee, and Chen Fengqiu, general manager of Changhua Chemical, attended the meeting to jointly lay the foundation for the project.

长华化学拟建102万吨聚醚多元醇.jpg

The Changhua Chemical Carbon Dioxide Polyether and High Performance Polyol Project launched in Xuwei New District has a total investment of 6 billion yuan. It mainly builds a key laboratory of carbon dioxide polyether polyol, with an annual output of 1.06 million tons of carbon dioxide polyether polyol and 1.02 million tons of high performance polyol. The first phase of the project is expected to be completed and put into operation in June 2025.

As the main body of the project, Changhua Chemical is the leading enterprise in the field of polyether subdivision industry in China. The industrialization of carbon dioxide polyether products is the first, and the process technology has broken through a series of technical problems and filled the domestic gap. The project has a wide range of application fields, which can not only realize the high-value utilization of carbon dioxide and practice the national "double carbon" strategy, but also further improve the upstream and downstream industrial system of the new area. It is a key strong chain supplement chain extension project for the petrochemical industry in Xuwei New Area.

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