Wanhua Chemical announced that in order to build Wanhua Yantai Industrial Park into a whole industrial chain and a world-class chemical new material park, the company plans to build a new polyurethane industry chain--ethylene project with a total investment of RMB 1,680,428 million. It is conducive to perfecting the integration of the polyurethane industry chain in the industrial park, which is conducive to solving the raw materials required for the production of polyether polyols in industrial parks, such as ethylene oxide and propylene oxide, and can consume HCL, a by-product of the isocyanate industry chain, to promote the balanced development of the industry. The project has been approved by the Shandong Provincial Development and Reform Commission.