Thread Content
Invest 1.7 billion yuan! Hualu Hengsheng plans to build two chemical projects. On May 23, Shandong Hualu Hengsheng Chemical Co., Ltd. announced its intention to initiate the construction of a new batch of projects, with an estimated total investment of 1.7 billion yuan. These projects include an upgrade project for amide raw materials and a project for producing 200,000 tons per year of dicarboxylic acids. The amide raw material optimization and upgrading project involves an investment of 833 million yuan; it utilizes the technology of partial hydrogenation of benzene and hydration to produce saturated alicyclic alcohols, and aims to build a production facility with an annual capacity of 200,000 tons of such alcohols, along with corresponding utility systems, auxiliary facilities, as well as safety and environmental protection measures. Once the project is completed and put into operation, it will have an annual production capacity of 200,000 tons of saturated cycloalcohols, with 42,800 tons of cyclohexane as a by-product; the construction period is 13 months. 200,000 tons/year dicarboxylic acid project: The investment in this dicarboxylic acid project amounts to 867 million yuan; a facility with an annual production capacity of 200,000 tons of dicarboxylic acid will be built using proprietary technology, along with corresponding supporting facilities such as tank areas, utility systems, auxiliary equipment, as well as safety and environmental protection measures. Once the project is completed and put into operation, it will have an annual production capacity of 200,000 tons of dicarboxylic acids, with a construction period of 13 months. Dibasic acid, also known as oxalic acid or ethanedioic acid. It is an important chemical raw material with a wide range of uses, applicable in many fields. Downstream applications are mainly found in the rare earths, pharmaceutical, and electronics industries.