With a total investment of 3.226 billion yuan, Jiangsu Suopu is advancing the vinyl acetate-EVA integration project

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Jiangsu Supor Advances the Vinyl Acetate-EVA Integration Project On December 11, Jiangsu Supor issued a statement stating that in order to meet the needs of its wholly-owned subsidiary Supor New Materials for the construction of the \"Vinyl Acetate-EVA Integration Project,\" the company plans to inject 500 million yuan in capital into Supor New Materials using both its own funds and funds raised through other means. Upon completion of this capital increase, Supor New Materials’ registered capital will rise from 1 billion yuan to 1.5 billion yuan, with the company continuing to hold 100% of the shares in Supor New Materials. The total investment in this project is 3.226 billion yuan. The first phase of the project mainly involves the construction of 1 vinyl acetate plant with an annual capacity of 330,000 tons, 1 air separation unit with a capacity of 20,000 Nm3/h, 1 sulfuric acid plant with an annual capacity of 800,000 tons, along with associated auxiliary facilities. Upon completion of the project, it will produce 330,000 tons per year of vinyl acetate, 800,000 tons of sulfuric acid, 160 million Nm3 of oxygen, 320 million Nm3 of nitrogen, 16,500 tons of liquid oxygen, 16,500 tons of liquid nitrogen, 9,900 tons of liquid argon, 1.24 million tons of steam at 4.8 MPa and 480°C, and 240,000 tons of saturated steam at 1.0 MPa.