The total investment is 16 billion 800 million yuan! Wan Hua Chemical polyurethane project was awarded by Shandong development and Reform Commission
Mdash, & mdash, the largest MDI manufacturer in the Asia-Pacific region, announced in the evening of September 4 that the company had recently received the approval of the Shandong Development and Reform Commission on the integration of the polyurethane industry chain of Wanhua Chemical Group Co., Ltd. & mdash, and the approval of the ethylene project. The main Reply of the reform and transformation industry [2018] No. 964] is as follows:

1. In order to promote the development of petrochemical industry and local economy and speed up the construction of high-end petrochemical industrial base in northern Shandong, the State Council has agreed to implement 10,000 yuan in accordance with the relevant provisions of the Regulations on the Approval and Record-keeping of Enterprise Investment Projects, the Circular of the State Council Concerning the Publication of the Catalogue of Investment Projects Approved by the Government (2016 Version 72), etc. China Chemical Group Limited by Share Ltd polyurethane industry chain integration — — ethylene project.
Two. The project is located in the Yantai economic and Technological Development Zone.
Three, project product plan and main construction contents. New 1 million tons/year ethylene plant, 400,000 tons/year polyvinyl chloride plant, 150,000 tons/year ethylene oxide plant, 450,000 tons/year LLDPE plant, 300/650,000 tons/year propylene oxide/styrene plant, 50,000 tons/year butadiene plant and auxiliary and public utilities facilities. After the completion and commissioning of the project, the annual output of 1 million tons of ethylene and propylene, mixed C4, C6+ and other intermediates, and the deep processing of 400,000 tons of PVC, 150,000 tons of ethylene oxide, 450,000 tons of LLDPE, 300,000 tons of propylene oxide and 650,000 tons of styrene, 50,000 tons of butadiene and other downstream products. The construction period of the project is 2 years.
4. The total investment of the project is 16.804.28 million yuan, of which 15.714 million yuan is invested in construction, 784.73 million yuan is interest during the construction period and 341.13 million yuan is liquidity. The source of project funding: 11 billion 762 million 990 thousand yuan for bank loans, and the rest is settled by enterprises themselves.
On December 22, 2016, Yantai Environmental Protection Bureau announced the EIA report of Wanhua Chemical Ethylene Project. The project uses C3 and ethane, by-products of propane dehydrogenation, as raw materials, to crack and produce ethylene and propylene, mixed C4, C6+ and other intermediates, and hydrogen chloride, by-products of existing MDI projects, as raw materials. Materials, processing, production of PVC, LLDPE, PO/SM, EO and butadiene and other downstream products. Construction includes 1 million tons/year ethylene plant, 400,000 tons/year polyvinyl chloride (PVC) plant, 150,000 tons/year ethylene oxide (EO) plant, 450,000 tons/year linear low density polyethylene (LLDPE) plant, 30/65 propylene oxide/styrene (PO/SM) plant, 50,000 tons/year butadiene plant, and supporting utilities. Process and auxiliary facilities.
Projects include 1 million tons/year ethylene plant, 400,000 tons/year PVC plant, 150,000 tons/year ethylene oxide plant, 450,000 tons/year linear low density polyethylene plant, 30/65 propylene oxide/styrene plant, 50,000 tons/year butadiene plant, a total of six sets of production equipment, supporting storage and transportation engineering (raw materials and product tank area), public use. Project (Ninth, Tenth, Eleventh Circulating Water Field, Process Condensate Treatment Station), Auxiliary Facilities (Torch, Fire Station, Hazardous Chemicals Warehouse), etc. Relying on projects: thermal power stations, desalination stations, air separation stations, environmental monitoring stations are relying on existing or under construction projects.
Off-site relying projects: berths rely on the existing 103 #, 104 # berths, ethylene, dichloroethane, styrene handling facilities relying on Yantai Port Wanhua Industrial Park Terminal Co., Ltd. in the berth construction of the corresponding handling facilities; dock to the park pipeline relying on the dock Yantai Port Wanhua Industrial Park Terminal Co., Ltd. to build ethylene, dichloroethane, ethylene chloride, styrene Styrene pipeline.
Ethylene combined plant includes 1 million tons/young hydrocarbon cracking unit (hereinafter referred to as ethylene unit), 60 000 tons/year cracking gasoline hydrogenation unit, 80 000 Nm3/hPSA hydrogen production unit.
The PVC plant consists of 400 thousand tons / year vinyl chloride (VCM) section and 400 thousand ton / year polyvinyl chloride (PVC) section.
The 150,000 ton/year ethylene oxide plant includes oxidation and absorption units, carbon dioxide removal units, desorption and re-absorption units, refinement units and auxiliary utilities.
The 450,000 ton/year linear low density polyethylene plant consists of process facilities, process support facilities and auxiliary production facilities.
The 300/650,000 ton/year propylene oxide/styrene plant consists of process facilities and auxiliary production facilities, including ethylbenzene unit, ethylbenzene peroxidation reaction unit, epoxidation reaction unit, propylene recovery unit, propylene oxide refining unit, benzyl alcohol refining unit, styrene unit, hydrogenation reaction unit, etc. The production facilities include intermediate tank area, refrigeration system, tail gas catalytic oxidation unit, energy recovery unit, etc.
The butadiene unit includes butadiene extraction unit and Butadiene-1 unit, in which the production scale of butadiene extraction unit is 50,000 tons/year butadiene and the production scale of Butadiene-1 unit is 15,000 tons/year butadiene-1.
Source: Petroleum and chemical industry park