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On June 29, the Guangdong Provincial Development and Reform Commission issued its review opinions on the energy-saving report for LG Chem (Huizhou) Chemical Co., Ltd.’s 200,000 tons per year ABS production project (Phase 3). It was stated that the main technical standards and construction plans adopted for this project meet the requirements of relevant energy-saving regulations and policies; therefore, the commission approved the project’s energy-saving report in principle. These review opinions shall become invalid automatically if the project does not start construction within two years from the date of issuance. The main construction components of Phase III include a production line capable of producing 200,000 tons of ABS resin per year. The key buildings consist of production workshops, a central control room, an electrical equipment room, and chemical storage areas. The main equipment includes polymerization reactors, heat transfer furnaces, high-efficiency fluidized bed dryers for ABS, extruders and crushers, as well as RTO furnaces. On the same day, the signing ceremony for the engineering design contract of this project (Phase 3) was held at Chengda Building. Song Binggen, General Manager of LG Huizhou, and Liu Yiheng, Secretary of the Party Committee and Chairman of Chengda Company, signed the contract on behalf of both parties. LG Chem (Huizhou) Chemical Co., Ltd. was established on January 5, 2011; it is a limited liability company jointly founded by CNOOC Refining & Chemical Co., Ltd. and LG Chem Co., Ltd. The ABS projects of LG Huizhou Phase 1, Phase 2, and Phase 2.5 are operating well, with each unit achieving stable operation over long periods of time at full capacity and with high quality. Phase 1 includes an ABS production line with an annual capacity of 150,000 tons; Phase 2 also features an ABS production line with an annual capacity of 150,000 tons. Phase 2.5 involves technical upgrades that add additional equipment to increase the ABS production capacity by another 150,000 tons.
On June 29, the signing ceremony for the engineering design contract of LG Chem (Huizhou) Chemical Co., Ltd.’s 200,000 tons per year ABS project (Phase 3) was held at Chengda Building.
Since 1996, Chengda Company has successively undertaken the engineering design of multiple PVC and ABS production units at LG Chem’s chemical plants in Dagu, Tianjin; Ningbo Yongxing, Ningbo; and Huizhou, Huizhou. The two parties have been cooperating successfully for 26 years now. The two sides have continued to innovate technically and supported each other in their development, forging a deep friendship. The signing of this contract represents another collaboration between Chengda Company and LG Chem, following the successful completion of LG Huizhou’s ABS Project Phase 1, Phase 2, and Phase 2.5. It reflects the owner’s full recognition of Chengda Company’s professional capabilities and technical expertise in ABS products, and it further strengthens the partnership between Chengda Company and LG Chem. Chengda Company will, as always, provide excellent service to LG Huizhou, take on responsibilities bravely, strive for progress, and work hard to deliver another high-quality project.
The ABS projects for LG Huizhou Phase 1, Phase 2, and Phase 2.5, designed by Chengda Company, are operating well. The facilities in each phase have achieved stable operation over long periods of time at full capacity and with high quality, thereby generating significant benefits for the company.