The vinyl acetate unit of the Jintang New Materials project is making every effort to complete the pipeline installation work

Project details: On January 2, 2024, Rongsheng Petrochemical issued a announcement stating that it would invest a total of 67 billion yuan in the construction of the Jintang New Materials Project. This project will be carried out by its subsidiary Rongsheng New Materials (Zhoushan) Co., Ltd., and is located on Jintang Island in Dinghai District, Zhoushan City. The project involves the construction of 27 main processing units as well as 16 utility systems. On November 30, 2023, construction began on the main project of the Jintang New Materials facility at Rongsheng New Materials (Zhoushan) Co., Ltd. It is expected that by the end of 2024, the first 10 sets of main units will be built ； The relevant facilities will come online in June 2025. Construction unit: Rongsheng New Materials (Zhoushan) Co., Ltd. Construction location: Jintang Island, Dinghai District, Zhoushan City. Total investment: 76 billion yuan. Construction contents: Construction of a new propane dehydrogenation plant with an annual capacity of 600,000 tons, a catalytic cracking plant with an annual capacity of 3 million tons, a gas separation plant with an annual capacity of 1 million tons, an aromatic extraction complex with an annual capacity of 600,000 tons, a PEO plant with an annual capacity of 300,000 tons, an EVA complex with an annual capacity of 1 million tons, a POE plant with an annual capacity of 200,000 tons, phenol production plants with capacities of 400,000/250,000 tons each, a 1,3-propanediol plant with an annual capacity of 200,000 tons, PO/SM production plants with capacities of 400,000/880,000 tons each, a PTT plant with an annual capacity of 400,000 tons, an isobutane normalization plant with an annual capacity of 500,000 tons, a maleic anhydride plant with an annual capacity of 600,000 tons, a BDO plant with an annual capacity of 500,000 tons, a PBS plant with an annual capacity of 200,000 tons, a PBT plant with an annual capacity of 400,000 tons, an isobutylene plant with an annual capacity of 120,000 tons, a butene oxidation dehydrogenation plant with an annual capacity of 180,000 tons, a CO₂ recovery plant with an annual capacity of 150,000 tons, an ethoxylation plant with an annual capacity of 160,000 tons, a DMC plant with an annual capacity of 200,000 tons, a polyether polyol plant with an annual capacity of 480,000 tons, an ABS plant with an annual capacity of 1.2 million tons, two bisphenol A production plants with capacities of 240,000 tons each, two polycarbonate production plants with capacities of 260,000 tons each, a CHDM plant with an annual capacity of 100,000 tons, a PCT plant with an annual capacity of 100,000 tons, a PCTG plant with an annual capacity of 100,000 tons, a UHMWPE plant with an annual capacity of 50,000 tons, two PP production plants with capacities of 450,000 tons each, an α-olefin plant with an annual capacity of 300,000 tons, a polyurethane elastomer plant with an annual capacity of 600,000 tons, a coal-to-hydrogen plant with a capacity of 140,000 standard cubic meters per hour, and two sulfuric acid production plants with capacities of 20,000 tons each.