【HaiChuan Chemical Engineering Updates】Quanzhou Guoheng Chemical’s 660,000 tons/year PDH project completed and accepted
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Project tracking: Recently, the propane dehydrogenation project of Quanzhou Guoheng Chemical Co., Ltd., for which 11.6 billion yuan was invested, was successfully completed and passed the acceptance inspection. This project was invested in and constructed by Taiwan’s Guoqiao Petrochemical Co., Ltd. It is a key project under Fujian Province’s 14th Five-Year Plan for the high-quality development of the manufacturing sector, and it is also one of the largest Taiwanese-funded projects in Fujian Province over the past three years. The total investment amounts to 11.6 billion yuan, of which 6.3 billion yuan is invested in the first phase. Once operational, the plant’s annual production capacity for propylene via propane dehydrogenation will reach 660,000 tons, with an annual output value of 10 billion yuan.
Quanzhou Guoheng Chemical Co., Ltd. is a Taiwanese-owned enterprise established in 2020 by Taiwan’s Guoqiao Petrochemical Co., Ltd. as a wholly-owned investment. Guoqiao Petrochemical is Taiwan’s first company to produce styrene monomer, and the only manufacturer of nylon 66 in Taiwan. The project was launched in March 2020 through a \"cloud signing\" process; the company obtained its business license on April 10, the project approval certificate on June 12, and the land title certificate on October 9. The PDH project utilizes UOP’s Oleflex process technology; it uses propane as raw material and platinum-based catalysts to produce polymeric-grade propylene through catalytic and separation processes ； PP projects utilize Lyondellbasell’s Spheripol technology to produce a full range of polypropylene products, including homopolymers, random copolymers, and impact-resistant copolymers.