Zhejiang Jiaxing Sanjiang Chemical Co., Ltd. started laying the foundation for the construction of one million tons of ethylene/one million tons of EO/EG.

China Sanjiang Fine Chemicals Co., Ltd. (stock code: HK2198), the company was established in September 2003. It owns Sanjiang Chemical Co., Ltd. and Jiaxing Yongming Petrochemical Co., Ltd. with a registered capital of US$227.45 million and an area of ​​600 acres. The company currently has more than 490 employees. In 2012, the company’s industrial output value: 2.4 billion yuan ； net profit: 460 million yuan ； Pay taxes: The 510 million-yuan company has currently built four sets of ethylene oxide units that introduced the patented technology of American Scientific Design Company (SD), with an annual production of 280,000 tons/year of ethylene oxide (EO), and two sets of 20,000Nm3 low-temperature ethylene storage units that introduced technology from German TGE Company. It has a 200,000 tons/year non-ionic surfactant unit, two 6,000 Nm3/h air separation units, two 4,000 Nm3/h nitrogen liquefaction units, a 50,000 tons/year carbon dioxide unit and public supporting facilities. The 100,000 tons EO/year joint venture project between Sanjiang Chemical Co., Ltd. and South Korea's Honam Petrochemical Co., Ltd. and the supporting 18,000Nm3/h air separation unit were put into operation on September 28, 2012. The 1.8 million tons/year methanol-to-olefins (MTO) project invested and constructed by the company (Zhejiang Xingxing New Energy Co., Ltd.) held a groundbreaking ceremony on October 18, 2012, and has now entered the civil construction stage. Zhejiang Sanjiang Chemical New Materials Co., Ltd.'s 380,000-ton EO/EG/year project has begun bidding for long-term equipment procurement and is expected to be put into production by the end of 2014. The construction of a new 200,000 tons/year surfactant project has also started and is expected to be completed in June this year. The company is located in the Economic Development Zone of Jiaxing Port Area, Zhejiang Province. * * The first-class open port is next to Zhapu Port, close to Hangzhou Bay, close to the cross-sea bridge, Zhajiasu, Shanghai-Hangzhou, Hangzhou-Puzhou Expressway and 01 Provincial Highway. It has an excellent geographical location and is only an hour's drive from Ningbo, Suzhou, Hangzhou and Shanghai. The transportation is very convenient. We will carry forward the corporate spirit of "unity and cooperation, forge ahead, keep pace with the times, and create the future" and in the spirit of "integrity, competition, cooperation, With the corporate purpose of "win-win", adhering to the management philosophy of "people-oriented" and the management principles of "safety, health and environmental protection", China Sanjiang Fine Chemical Co., Ltd. will be built in Jiaxing Port Area, where Mr. Sun Yat-sen wrote the reputation of "the Great Port of the East", into a group company integrating the production of olefins, ethylene oxide, surfactants and new chemical materials.

It is reasonable for chemical companies to apply for EO/EG. In recent years, many chemical companies have used a lot of PTA. They only have diacids and no diols. The production of polyester is nonsense. Now that diacids and glycols are available, polyester is available.