On November 15, Jiaxing Port District held the fourth quarter project (the first batch) centralized signing ceremony and the 100-day battle centralized signing ceremony. Four major projects were centralized signing, with a total investment of about 10.7 billion yuan. Dai Feng, Secretary of the Party and Labor Committee of Jiaxing Port District, Shi Yunliang, Deputy Secretary of the Party and Labour Committee, director of the Management Committee and representatives of the contracting investors participated in the signing ceremony.
The four projects contracted are all from Sanjiang & bull; Jiahua Group. They are Sanjiang Chemical Co., Ltd. EO/EG project with annual output of 1 million tons, Jiahua Energy 300,000 tons/year vinyl chloride project, Meifu Petrochemical 650,000 tons of styrene project and Jiahua Energy Supplementary Storage Project.

Among the four projects, Sanjiang Chemical Co., Ltd. has the largest volume of EO/EG project with an annual output of 1 million tons, covering an area of about 320,000 square meters and a total investment of 7.5 billion yuan. The process route of the light hydrocarbon cracking unit of the project adopts the domestic CBL cracking technology, and the process route of EO/EG unit adopts SD technology, and a new EO/EG project with an annual output of 1 million tons is built.
It is worth mentioning that the annual output of Sanjiang Chemical Industry EO/EG project is the largest single investment project in the city so far. It is understood that this project is an extension project of Sanjiang Chemical Industry Chain. Its main product ethylene is the raw material for Sanjiang to produce ethylene oxide and propylene is the raw material for producing polypropylene. The project is expected to be completed in 2021. After putting into operation, it is expected to achieve industrial output value of 11.8 billion yuan and realize profit and tax of 2 billion yuan.
Sanjiang Chemical Company is the leading company in port planning and is the largest private producer and supplier of ethylene oxide and AEO surfactants in China. After years of development, Sanjiang Chemical Industry has five sets of ethylene oxide plants, with a production capacity of 600,000 tons per year, and three sets of surfactant plants with a production capacity of 400,000 tons per year.
The total investment of Jiahua's 300,000 tons/year vinyl chloride project is 1 billion yuan. After completion and commissioning, the output value will be 2 billion yuan and the profit and tax will be 300 million yuan. The project will promote the extension of industrial chain and the development of circular economy, and further enhance the comprehensive competitiveness of enterprises. The project will use the chlorine gas produced by the caustic soda plant with an annual output of 297,000 tons of Jiahua Energy (except for the supporting facilities in the park) for the production of vinyl chloride. Effective avoidance of potential safety risks such as truck loading and road transportation when liquid chlorine is exported.

In addition, the project is planned to be implemented in Jiahua Energy Company, using the land resources of non-production areas within the company, to achieve the real realization of “ cage-changing bird-rdquo; & ldquo; zero-rdquo; new land acquisition.
Another contracted project, Meifu Petrochemical's 650,000 tons styrene project, with a total investment of 1 billion yuan, will achieve output value of 7 billion yuan and realize profits and taxes of 500 million yuan after completion and commissioning. The project recovers ethylene from the dry gas of the existing Meifu Petrochemical Plant and rationally uses ethylene as the raw material of other products of the Group. The construction and commissioning of this project will promote the growth of China's new chemical materials (Jiaxing) park, promote the development of related industries and improve the existing industrial structure.
Guan Jianzhong, general manager of Sanjiang Chemical Co., Ltd., said at the signing ceremony that the Sanjiang Jiahua series projects signed on the same day were an important part of the group's investment in major projects during the 13th Five-Year Plan period. After the completion of these projects, we will achieve an additional output value of 36 billion yuan, an additional profit of 3 billion yuan and an additional interest tax of 1.8 billion yuan. It is expected that the total output value of Sanjiang Jiahua will reach 60 billion yuan, which is equivalent to rebuilding a Sanjiang Jiahua.