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Project signed! Sinochem Plans to Develop Ultra-High Molecular Weight Polyethylene Projects Author/Source: Modern Coal Chemical Industry Date: November 27, 2023 Clicks: 15 On November 17, during the 7th Silk Road International Expo and China’s East-West Cooperation and Investment Trade Forum, the Yulin Municipal Party Committee and government held a promotion event for Yulin’s olefin-based new materials industry in Xi’an. At the project signing ceremony, 20 projects were successfully signed and established in Yulin High-Tech Zone, including the Phase II chemical project of China Coal’s deep processing base, Sinochem’s 50,000 tons per year ultra-high molecular weight polyethylene project, and the pilot project for 1,000 tons per year of coal-based ethanol and benzene-to-ethylene production. The total investment attracted amounted to 27.003 billion yuan, of which 10 were contract-based projects and 10 were agreement-based projects. The current development status of the olefin industry in Yulin High-Tech Zone: Li Bohao, deputy director of the Yulin High-Tech Zone Management Committee, said that the zone currently has a production capacity of 4.8 million tons per year for basic chemicals. At the same time, modern coal chemical projects such as the China Coal Deep Processing Base (900,000 tons per year of coal-based olefins, 250,000 tons per year of EVA) and the Yan’an project for producing ethanol from methanol at a capacity of 500,000 tons per year are being accelerated in construction, providing a solid foundation for the development of the olefin-based new materials industry. Yulin High-Tech Zone has planned a 23.6-square-kilometer chemical new materials industrial park, aiming to promote the modern coal chemical industry, which is based on the coal-to-olefins production chain, to develop further in the mid- and downstream stages, to move toward higher-end products, and to shift toward fine chemicals, new materials, and end-use products. This approach enables the in-situ deep processing of resources such as ethylene and propylene, with a focus on developing downstream industries related to olefins, including high-end coatings, modified materials, polyolefin additives, and high-end lubricants. Local enterprises reserve 260,000 tons per year of ethylene and 100,000 tons per year of propylene to serve as raw materials for the development and expansion of downstream olefin-based industries. Establish a new materials industry cluster for olefins worth 100 billion yuan. Moving forward, Yulin High-Tech Zone will follow a development strategy that emphasizes low-carbon cycles in a vertical approach and green integration across various sectors. It will focus on promoting projects such as China Chemical’s 50,000-ton/year POE elastomer production facility, Wuhan Xien’s high-end surfactants production, Jingchuang Green Energy’s 400,000-ton/year vinyl acetate production facility, as well as the joint production of 50,000 tons of isopropanol and 10,000 tons of isopropylamine per year. Additionally, efforts will be made to develop high-performance adsorption materials. The goal is to create a complete industrial chain for high-end olefin-based new materials, covering research and development, design, pilot testing, and commercial production, thereby advancing the transformation of raw materials into more refined and end-use products. By the end of the 15th Five-Year Plan period, it is aimed to establish an olefin-based new materials industry cluster with an investment scale of over 100 billion yuan. On October 10, the key projects for the fourth quarter of 2023 in Yulin High-Tech Zone, Shaanxi Province, commenced construction simultaneously, with the launching ceremony held at the site of China Chemical’s project for producing 50,000 tons per year of ultra-high molecular weight polyethylene resin. The project for an annual production capacity of 50,000 tons of ultra-high molecular weight polyethylene resin is the first industrial investment project established in Yulin, Shaanxi, as a result of China National Chemical Corporation’s use of its own independently developed technologies to transform scientific and technological achievements. It is invested in, constructed, and operated by China National Chemical City Investment Company. The project is located in the Yuheng Industrial Park within the High-Tech Zone of Yulin City, with a total investment of 830 million yuan. It mainly involves the construction of a production facility capable of manufacturing 50,000 tons per year of ultra-high molecular weight polyethylene resin, along with associated auxiliary facilities. On April 7, 2023, the 17th Yulin International Coal and Advanced Energy Chemical Industry Expo was held in Yulin. At the promotion meeting for key industrial chains in Yulin city, the Yulin High-Tech Zone signed 2 contract projects, including one project for the production of 50,000 tons per year of ultra-high molecular weight polyethylene, signed with Sinochem Urban Investment Co., Ltd.