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Investment of 9.83 billion yuan! Construction of another unit for Inner Mongolia Rongxin’s 800,000-ton olefin project has begun! Attached is the information on the bidding results. On March 16, 2025, the excavation of the foundation for the wastewater collection tank of the 400,000-ton/year polypropylene unit in Inner Mongolia Rongxin Chemical Co., Ltd.’s project with an annual production capacity of 800,000 tons of olefins – a project that was undertaken through an EPC contract by CNPC Jilin Chemical Construction Co., Ltd. and Daqing Petrochemical Engineering Co., Ltd. – marked the official start of the civil engineering work for this facility. The successful commencement of this civil engineering work represents an important milestone in the plant construction. It is reported that the 400,000 tons per year polypropylene plant in Inner Mongolia Rongxin mainly involves the construction of 29 major components, including pipe galleries, polymerization areas, extrusion granulation units, pellet mixing systems, wastewater collection units, chilled water systems, on-site cabinet rooms, and substation facilities. The construction work includes all related elements such as pile foundations, civil engineering, building construction, structural work, equipment installation, piping systems, electrical installations, instrumentation, telecommunications services, anti-corrosion measures, and insulation work. It is expected that all works will be completed by October 30, 2026. Inner Mongolia Rongxin’s 800,000-ton per year olefin plant uses methanol as a raw material and the DMTO-III technology (provided by Guangzhou Engineering Company under EPC arrangements) to produce polymeric-grade ethylene and polymeric-grade propylene monomers. These monomers are then used in polymerization processes to manufacture high-density polyethylene and high-performance polypropylene products; meanwhile, by-products such as 1-butene, isobutane, C5+, and MTBE are also produced. The capacity is 800,000 tons per year for methanol-to-olefins, 400,000 tons per year for polyethylene, 400,000 tons per year for polypropylene, and 15,000 tons per year for 1-butene. The project is scheduled to be completed and put into operation in 2026. The EPC contract for the polyethylene unit of Inner Mongolia Rongxin Chemical Co., Ltd.’s project to produce 800,000 tons of olefins per year was won by CNPC Jilin Chemical Engineering Co., Ltd. and China National Petroleum Corporation Sixth Construction Company (as a consortium). The contract value was 916,880,000 yuan. The EPC contract for the polypropylene unit of the same project was won by Daqing Petrochemical Engineering Co., Ltd. and CNPC Jilin Chemical Construction Engineering Co., Ltd. (as a consortium); the contract value was 845,900,000 yuan. The EPC contract for the plant’s water treatment system, main substation, flare system, polyolefin packaging and storage facilities, as well as the tank farms, was won by Hualu Engineering Technology Co., Ltd., China National Chemical Engineering Corporation Third Construction Company, and China National Chemical Engineering Corporation Sixth Construction Company (as a consortium). The contract value was 1,607,000,007 yuan