Hengli Petrochemical Co., Ltd. announced on September 8 that its subsidiary Sun Hengli Petrochemical Co., Ltd. plans to invest in the construction of a PTA-5 project with an annual output of 2.5 million tons.
The total investment of the project is RMB 298.57 million, located in the petrochemical industrial park of Changxing Island Economic Zone in Dalian. The construction content and scale of the project: main production facilities, methanol hydrogen production and hydrogen recovery and expansion, recycling water station expansion, sewage treatment station, etc., other public works And auxiliary facilities rely on existing equipment. The construction period is initially set at 22 months.
According to the announcement, this project is adjacent to the Hengli Petrochemical Phase I, II and Phase III PTA projects. After completion, the subsidiary Sun Hengli Petrochemical Co., Ltd. will have an existing PTA capacity of 6.6 million tons/year plus a phase 2.5 of 2.5 million tons. The total production capacity has increased to 11.6 million tons/year, and the newly built equipment adopts the latest technology of INVISTA, which is beneficial for listed companies to further strengthen the technology, scale and cost competitive advantages in the PTA industry upstream of the polyester chemical fiber industry chain, and optimize the structure of the whole industry chain. 2. Consolidate the leading edge of upstream production capacity and enhance the company's comprehensive competitiveness.