Cangzhou Bohai New Area polypropylene resin project with an annual output of 300 thousand tons is put into operation
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2020-04-07
Recently, the first phase of polypropylene resin project with an annual output of 800000 tons of high-performance resin of Lihe Zhixin company was successfully started in one time to produce qualified polypropylene products.
The upstream of the project can make full use of ethylene, propylene and other by-products of refining enterprises in the area, and the insufficient part can use the olefin raw materials on the shore of Taidi liquefaction terminal. The downstream can be further applied in a wide range of fields such as auto parts, home appliances, commodity packaging materials.
It is reported that the investment in the first phase of the project is 1.317 billion yuan, with an annual output of 300000 tons of polypropylene resin. The remaining capacity will be completed in 2022, with a total investment of 5.06 billion yuan. After completion, the annual sales revenue will reach 8.4 billion yuan, profits and taxes 2 billion yuan, and more than 600 people will be employed. It will become the largest production base of high-performance resin in Hebei Province.
Source: Bohai New Area
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