Wanhua Group’s Ethylene Project kicks off
Year:2017 ISSUE:22
COLUMN:ECONOMY AND BUSINESS
Click:331    DateTime:Nov.30,2017
Wanhua Group’s Ethylene Project kicks off

Relying on industry advantage of chemical industry park, Wanhua Group plans to build a one-million-ton ethylene project with the total investment of RMB 11.7 billion in order to create the world’s most competitive chemical manufacturing base, as well as to promote international reputation of Wanhua’s brand, according to news from Yantai Development Zone Planning Bureau.
This project will produce ethylene and downstream hydrocarbon products as well as resins by C2 from the first phase project of Wanhua Yantai industrial park and purchased propane or butane used as raw materials. The key units include a 1 million t/a ethylene crackers, a 400 000 t/a PVC unit, 60 000 t/a EO unit, 350 000 t/a HDPE unit, 450 000 t/a LLDPE unit, 300 000/650 000 t/a PO / SM unit, 80 000 t/a butadiene unit and its supporting utilities and auxiliary facilities.
Currently, the project has been listed into the national petrochemical industry development plan, and is being submitted to the National Development and Reform Commission for approval.