CNOOC Hainan Dongfang launches 2.776 billion yuan fine chemicals project

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The second-phase project of CNOOC Hainan Fine Chemicals Project, which involves the acrylic acid series of production facilities, has a planned total investment of 2.776 billion yuan. It is expected to be completed and put into operation in November 2022, and will produce high-value-added acrylic acid and methyl methacrylate. Among them, the acrylonitrile project will make comprehensive use of the existing resources such as methanol, liquid ammonia, and propylene in the Dongfang Industrial Park, optimizing their combination to produce high-value-added acrylonitrile and methyl methacrylate, which are important basic organic raw materials and monomers for polymer materials. The construction scope of the acrylonitrile project includes an acrylonitrile plant with a capacity of 200,000 tons per year, an MMA plant with a capacity of 70,000 tons per year, and a SAR plant with a capacity of 214,000 tons per year.