Progress of the polyglycolic acid (PGA) production project at Sinopec Guizhou Energy Chemicals

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Progress on the Polyglycolic Acid (PGA) Production Project at Sinopec Guizhou Energy Chemicals – Author/Source: Huahua Net Coal Chemicals – Date: 2021-09-09 – Clicks: 24. On September 8, the groundbreaking ceremony for the temporary office facilities needed for Sinopec Guizhou Energy Chemicals’ 500,000-ton/year polyglycolic acid (PGA) production project was held in Zhijin. Zhao Haipeng, deputy director of Sinopec Jiangsu Petroleum Engineering Design Institute, delivered a speech to kick off the project on behalf of the EPC party and expressed his commitment, stating that the design institute would organize everything carefully and make thorough arrangements, adhering strictly to procedural standards and quality requirements, while also strengthening safety management during the construction process to ensure that the project progresses in an orderly manner and according to the scheduled timeline. Sinopec Guizhou Energy Chemical Company was established jointly by Great Wall Energy Chemical Co., Ltd. (with a 99% stake) and Bijie Zhijin New Area Biyun Construction Investment and Development Co., Ltd. (with a 1% stake). The 500,000 tons per year polyglycolic acid (PGA) production project is a key project under Guizhou Province’s 14th Five-Year Development Plan, as well as a model project for Sinopec in advancing cutting-edge coal chemical technologies toward industrial application. It is located in the new energy and chemical industry base in Zhijin County, Bijie City, Guizhou Province. The total investment for the project is approximately 23 billion yuan, of which the investment for the phase I project is about 11 billion yuan. The project will have an annual production capacity of 200,000 tons of polyglycolic acid; phase II is planned to have an annual production capacity of 300,000 tons. In accordance with the Strategic Cooperation Framework Agreement on Comprehensively Promoting High-Quality Development signed between Sinopec and Guizhou Province, the feasibility study report for the first phase of Guizhou’s 500,000 tons per year polyglycolic acid (PGA) production project was approved by the group company on June 21, 2021, enabling the rapid advancement of the project’s construction. The main equipment of the project includes a gasification unit, a deep cryogenic separation and hydrogen production unit, a coupling unit, a PGA unit, and supporting facilities. The main product is PGA, while by-products include sulfur, polyols, dimethyl carbonate, etc. The project is expected to be completed and put into operation in 2024, with annual sales revenue of around 3.2 billion yuan and annual profits of around 8.5 billion yuan. Sinopec Shanghai Engineering serves as the overall project institute.