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Author/source of Sichuan's annual output of 100,000 tons of BDO, 100,000 tons of PBT, and 240,000 tons of formaldehyde projects: Coal Chemical Industry Information Network Date: 2023-04-24 Click rate: 7 On the afternoon of April 21, the signing ceremony of the investment cooperation agreement for the new chemical materials project of Sichuan Jinhaima Industrial Co., Ltd. (Dazhou) was held in Dazhou. People of Xuanhan County * * Reached in-depth cooperation with Sichuan Jinhaima Industrial Co., Ltd. in the field of new chemical materials and signed an investment cooperation agreement. According to Tang Zhikun, deputy mayor of Dazhou City, Sichuan Jinhaima Industrial Co., Ltd. is a company engaged in mineral products, chemical products, metallurgical materials and other businesses. The project plans to invest 10.947 billion yuan, with the comprehensive utilization of natural gas as the core, focusing on the development of high-end new chemical materials, key raw materials required for the fine chemical industry, and the clean fuel industry. The project will be constructed in two phases in Xuanhan County. The first phase covers an area of 578 acres. It is planned to invest 3.573 billion yuan to build a project with an annual output of 100,000 tons of BDO (1,4-butanediol), 100,000 tons of PBT (polybutylene terephthalate) and 240,000 tons of formaldehyde. It is expected to be completed and put into operation within three years. ； The second phase plans to use 385 acres of land and has a planned investment of 7.374 billion yuan. Construction will begin after the first phase reaches capacity.