Total investment of 6 billion! The 350,000-ton phenol propyl carbonate and 200,000-ton bisphenol A projects at Daqing Petrochemical have started operation!

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On February 28, the pile foundation work for the first phase of the polycarbonate joint project, located south of Lintong Road and north of Chemical Industry Road in Daqing High-Tech Zone, officially commenced, with the construction of the main structure set to start in April this year. The total investment for this project is planned to be 6 billion yuan, with a land area of 50 hectares; trial operation is expected to begin in October 2023. The project will be constructed in two phases. Of this, Phase 1 requires an investment of 3 billion yuan, which includes the construction of three facilities for producing 350,000 tons of phenol propionate, 200,000 tons of bisphenol A, and 200,000 tons per year of pure benzene. At the same time, utility facilities and office and living areas will be constructed as supporting facilities. Upon reaching full production in Phase I, it is expected to generate annual sales revenue of 4 billion yuan and profits and taxes of 1.5 billion yuan. Phase II involves an investment of 3 billion yuan to build a polycarbonate production facility with an annual capacity of 260,000 tons; upon completion, it is expected to generate annual sales revenue of 4 billion yuan and profits and taxes of 1.3 billion yuan. At present, the park where the project is located has already constructed facilities such as water supply systems, sewage treatment systems, industrial utility tunnels, and raw material receiving stations for this project; work is currently underway to build dedicated railway lines, power and steam pipelines, as well as a parking area for hazardous materials. All supporting projects will be completed by the first half of 2023 to ensure the project can start operations. The project will utilize 250,000 tons of toluene as raw material, of which 220,000 tons will be provided by Daqing Petrochemical Company and 30,000 tons will be purchased externally, to produce 200,000 tons of pure benzene ； 200,000 tons of benzene raw material are all fed into the downstream phenol and propylene production units; together with 100,000 tons of propylene raw material provided by Daqing Petrochemical Company, this results in the production of 130,000 tons of propylene and 220,000 tons of phenol ； 50,000 tons of propylene carbonate and 170,000 tons of phenol are fed into the downstream bisphenol A production facilities to produce 200,000 tons of bisphenol A raw materials; the remaining 80,000 tons of propylene carbonate and 50,000 tons of phenol are all exported. Since its commencement, the project has received strong support from the province, the city, and Daqing High-Tech Zone. Next, the three main components of this project will begin construction in phases throughout 2022, with high-quality construction efforts aimed at ensuring that the project reaches full operational capacity by 2023, thus contributing to the advancement of deep oil processing and the transformation and development of the \"Oil City\"!