The first phase of Dingjide’s high-end new material project, which aims to produce 200,000 tons of POE particles per year, requires an investment of 5.6 billion yuan; operation is expected to begin by the end of August

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At the construction site of the Dingjide high-end new materials project, it can be seen that the first phase of the project is nearing completion; pipe pressure testing and equipment calibration are underway as part of the final preparations for trial production in July. The first phase of Dingjide’s high-end new materials project involves an investment of 5.6 billion yuan; it is expected to come online by the end of August, with an annual production capacity of 200,000 tons of POE particles. POE combines the processability of plastics with the elasticity of rubber, and is primarily used in fields such as photovoltaics, automotive, and aviation. Wang Ying, the company’s deputy general manager, said, “Once the project is put into operation, it will be able to replace roughly one-fourth of imported products, breaking foreign embargoes and reducing reliance on imports. POE products play a significant role in extending, strengthening, and improving the supply chains in the chemical industry.” ” The “Dingjide” POE high-end new materials project is carried out in two phases: Phase 1 mainly involves the construction of a POE production facility with an annual capacity of 200,000 tons, an α-olefin production facility with an annual capacity of 300,000 tons, and a hydrogen production facility using electrolysis water with a capacity of 400 Nm³/h ； Phase 2 mainly involves the construction of a 200,000-ton/year POE complex and a 300,000-ton/year α-olefin plant. Once the project is put into operation, it is expected to generate an annual revenue of 11.1 billion yuan, which will help to address critical bottlenecks, fill gaps in the domestic market, and enable partial substitution of imported products. On the morning of September 8, 2023, the Management Committee of Dalian Changxing Island Economic and Technological Development Zone and Liaoning Dingjide Petrochemical Technology Co., Ltd. held a signing ceremony at the Fulihua Hotel in Dalian. The Dingjide POE high-end new materials project, involving an investment of 10 billion yuan, was officially established in Xizhong Island, marking a new phase in the development of the petrochemical base in Dalian Changxing Island (Xizhong Island).