Hunan Petrochemical’s first project after its establishment: investment of nearly 1 billion yuan to expand epoxy production capacity by 170,000 tons

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Affected by the merger of Baling Petrochemical and Changling Refining & Chemical to form Sinopec Hunan Petrochemical Co., Ltd., the \"Baling Petrochemical 170,000 tons/year high-performance epoxy resin project\", whose environmental impact assessment had been made public in April, was once again posted on the website of the Hunan Department of Ecology and Environment for public review on July 4 under the new company name, Sinopec Hunan Petrochemical Co., Ltd. (Hunan Petrochemical). As Hunan Petrochemical’s first key materials project, the 170,000-ton per year high-performance epoxy resin production facility is located in the Baling area of the Yueyang Green Chemical High-Tech Industrial Development Zone. Hunan Petrochemical’s Resin Department is constructing this facility along with its supporting infrastructure within its own plant; the existing production capacity and processes of the Resin Department remain unchanged. The total planned investment for the project is 988 million yuan, with an estimated construction period of 24 months. The project plans to produce 150,000 tons per year of liquid epoxy resin, 10,000 tons per year of special composite materials, 5,000 tons per year of water-based epoxy resin, and 5,000 tons per year of hydrogenated epoxy resin. Based on the existing epoxy resin production facilities, this project will involve the construction of a new facility for producing 150,000 tons per year of liquid epoxy resin and 20,000 tons per year of special composite materials. Upon completion of the project, Hunan Petrochemical’s epoxy resin production capacity will increase to 315,000 tons per year.