1. Name of Construction Project: Ethane Cracking Projects for Ethylene Production in Shimen Ao Industrial Park, Putian
2. Construction Unit: Fujian Yongrong New Materials Co., Ltd.
Contact person and telephone number: Liu Gong 18359108690
Unit Address: Shimenao Industrial Park, Dongzhuang Town, Xiuyu District, Putian City, Fujian Province
Assessment Unit: Ladder Project Consulting Co., Ltd.
Unit Address: 1366 Licheng Middle Avenue, Chengxiang District, Putian City
Contact person: Forestry Workers Telephone: 0594-2623060139587291
IV. Project Profile

The project is located in Shimen Macao Industrial Park, Meizhou Bay, Putian City. The total area of the project is 1436 500, the area of buildings and structures is 54 1100, and the area of roads and squares is 118800.
In this project, a set of ethane cracking device is set up. Ethane is cracked in the cracking furnace, and the cracking products of each cracking furnace are separated into a unified cold separation section to obtain ethylene products, hydrogen and so on. Ethylene is fed into FDPE, HDPE and EO/EG devices. PE plant products are LLDPE, mLLDPE and HDPE. Butene-1 and Hexene-1 are used as copolymers of FDPE and HDPE devices. The purchased methane is used as raw material for EO/EG plant, and the raw oxygen of EO/EG plant comes from the air separation system of this project.
The production scale of this project is 1.5 million tons ethane ethylene plant, 500,000 tons/year full density polyethylene (FDPE) plant, 400,000 tons/year full density polyethylene (HDPE) plant, high density polyethylene (HDPE) plant and 860,000 tons/year ethylene oxide/ethylene glycol plant (EOE equivalent).
The construction cycle shall be completed and put into operation 36 months from the date of project approval. The total investment (total liquidity) of the project is 20.128.96 million yuan; the total estimate (including VAT) of the project construction is 19.602.3 million yuan, of which the construction investment (including VAT) is 18.522.37 million yuan, the interest during the construction period is 8.542 million yuan, and the base liquidity is 22.571 million yuan; the total estimate (excluding VAT) of the project construction is 17.517 million yuan, of which the construction investment (excluding VAT) is 16.422.04 million yuan, and the construction investment (excl During the construction period, the interest was 854.23 million yuan and the working capital was 225.71 million yuan.
Major matters for public consultation
1. The main risks of this project affecting the stability of local society;
2. The role of this project in local economic development;
3. Whether the current project will affect the public interest and what are the demands?
4. What attitude should we take towards the construction of this project?
5. Social stability risk prevention and mitigation measures;
6. Opinions and suggestions on the construction of this project.
VI. Publicity Notes
1. This public opinion can be communicated with the risk assessment unit of social stability of construction projects through letters, faxes, e-mails and other written forms.
2. Suggestions or opinions of the public regarding the risk of social stability of construction projects may be submitted to the construction unit or the risk assessment unit of social stability within 10 days from the date of publication, or written opinions may be copied to the local stabilization office and the letter and visit bureau separately.
Construction Unit: Fujian Yongrong New Materials Co., Ltd.
Assessment Unit: Ladder Project Consulting Co., Ltd.
December 6, 2018
(Source: Yongrong Holding Group)