What are the main manufacturing processes for the 15.6 billion yuan Jieyang Dainanhai industrial base project? ? ?

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On May 16, Juzhengyuan announced that it would use its own funds to increase the registered capital of the Jieyang company from RMB 100 million to RMB 500 million, in order to support the construction of the industrial projects at the Dainanhai base in Jieyang. According to the capital increase plan, the company and Montai High-Tech will each contribute 400 million yuan to Jieyang Company in proportion to their shareholdings; Ju Zhengyuan will invest 352 million yuan, while Montai High-Tech will invest 48 million yuan. As a result of this capital increase, Jieyang Company’s registered capital will rise to 500 million yuan. The Jieyang Dainanhai Industrial Base Project consists of four sub-projects: the new materials base project, the underground warehouse project, the port project, and the supplementary project for the new materials base. In particular, the first phase of the new materials base project involves the construction of facilities for producing 160,000 tons per year of acrylic acid and 200,000 tons per year of butyl acrylate, as well as a facility for producing 1.5 million tons per year of acetic acid, a facility for producing 300,000 tons per year of butyl octanol, and a facility for deep cryogenic separation of syngas at a capacity of 980,000 tons per year. Additionally, there will be associated storage, transportation, utility, and auxiliary facilities. According to Huizheng Information, on September 2, 2022, the environmental impact assessment report for the Juzhengyuan (Jieyang) New Materials Base project was made public for review. The total investment in this project is 15.6 billion yuan, and it involves the construction of facilities capable of producing 600,000 tons of PDH, as well as acrylics and esters, EVA, PP, and other products. Previously, Juchengyuan already had two PDH plants with a capacity of 600,000 tons each in Dongguan; with the commissioning of this new 600,000-ton PDH plant in Jieyang, the company’s PDH production capacity will reach 1.8 million tons. The Jieyang Dainanhai Base-based Industrial Project is located in the Dainanhai Petrochemical Industrial Zone of Jieyang City. The main facilities of this project include a 600,000-ton/year propane dehydrogenation unit, a 300,000-ton/year polypropylene plant, a 160,000-ton/year acrylic acid plant and a 200,000-ton/year butyl acrylate plant, a 300,000-ton/year butyl octanol plant, a 150,000-ton/year EVA plant, a 600,000-ton/year acetic acid and esters plant, a 300,000-ton/year vinyl acetate plant, a 760,000-ton/year syngas deep cryogenic separation unit (including a 0.500,000-ton/year PSA hydrogen production unit), as well as two exhaust gas recovery units with a capacity of 175 t/h each. This project has an annual production capacity of 300,000 tons of polypropylene, 41,900 tons of acrylic products, 200,000 tons of butyl acrylate, 30,800 tons of n-butanol, 150,000 tons of isooctanol, 388,800 tons of acetic acid, 150,000 tons of EVA, 270,000 tons of vinyl acetate, 20,000 tons of butyl acetate, and 31,700 tons of isobutyraldehyde. The total land area covered by the project is 83.86 hectares, with a building area of 50,427 square meters.