The demonstration park project for the fine chemical industry, with a total investment of 8.9 billion yuan in Yulin, Shaanxi, and an annual production capacity of 2.6 million tons of alcohols and esters, has been launched

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Total investment of 8.9 billion yuan! The construction of a demonstration park for the production of 2.6 million tons per year of alcohol and ester-based fine chemicals in Yulin, Shaanxi Province has begun. Recently, the approval process for this project carried out by Yulin Baijiarui Fine Chemicals Co., Ltd. was initiated. The total investment for the project is 894,378 million yuan. Construction is scheduled to begin in 2024, with the aim of building 2×500,000 tons/year acetic acid plants, 2×100,000 tons/year methyl acetate plants, 2×200,000 tons/year ethyl acetate plants, 2×100,000 tons/year butyl acetate plants, 2×300,000 tons/year butyl octanol plants, 1×40,000 tons/year benzyl alcohol plant, 2×50,000 tons/year carbon dioxide recovery plants, as well as various supporting facilities. Yulin Baijiarui is the fifth new production base established by the Sanmu Group in Yulin. Jiangsu Sanmu Group Co., Ltd. is a large-scale, diversified enterprise that operates across different regions and industries. It is primarily engaged in the research, development, production, and sales of products such as synthetic resins, solvents, and fine chemical raw materials. It also engages in related activities such as the distribution of chemical products and warehousing. Since the implementation of the national development model began in 1998, with the first branch established in Jiangmen, Guangdong, production facilities have since been set up in Yixing, Jiangsu; Jiangmen, Guangdong; Wudi, Shandong; Hejiang, Sichuan; Taixing, Jiangsu; Jiaozuo, Henan; and Jiayu, Hubei. The project extends downstream using methanol as a raw material to produce new chemical materials such as amino resins, epoxy resins, and polyols. Among them, a 1.2 million tons per year formaldehyde production facility and related downstream processing projects are under construction; the 2.6 million tons per year fine chemical projects involving alcohols and esters constitute the second phase of the project. The total investment for both phases amounts to 15 billion yuan. It has filled a gap in our province and throughout the western region, attracting a large number of related supporting industries to settle there, thereby providing even stronger momentum for Yulin to accelerate the development of key projects.