Public announcement on Yangzhou Far East United Petrochemical’s ethylene oxide derivatives project

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Recently, the Yangzhou Ecology and Environment Bureau issued a public notice regarding the acceptance of the environmental impact assessment report for the new epoxy oxide derivatives (EOD) products produced by Far East United Petrochemicals (Yangzhou) Co., Ltd., as well as the renovation projects related to the new facilities. The existing EOD devices comprise 14 products across four categories. To meet market demands, Far East United Petrochemical plans to carry out technical improvement projects, adding six new products to the existing product lineup: polyethylene glycol monomethyl ether (MPEG), vinyl alcohol polyoxyethylene ether (EPEG), propyl heptyl ether polyoxyethylene ether (2PH), isooctanol polyoxyethylene ether (IDE), isoundecanol polyoxyethylene ether (IUE), and refined-grade polyethylene glycol (PEG-R). Upon completion of this project, the maximum production capacity of the EOD product will remain at 103,000 tons per year. Project Overview Project Name: New Product Development of Ethylene Oxide Derivatives (EOD) and Renovation of Associated Facilities ； Construction unit: Far East United Petrochemical (Yangzhou) Co., Ltd ； Project nature: Technical renovation ； Industry: C2662 – Manufacturing of special chemical products. Location: No. 8 Yadong Road, Yangzhou Chemical Industrial Park, within the existing factory complex ； Main construction contents: Utilize existing production equipment and add some auxiliary facilities; on top of the current 14 types of ethylene oxide derivatives (EOD) products, 6 additional products will be introduced, while the maximum production capacity of the EOD facility will remain at 103,000 tons per year ； At the same time, the facilities in the laboratory on the second floor of the Research and Development Building will be upgraded. Total investment: 7.85 million yuan, of which 1.9 million yuan is invested in environmental protection, accounting for 24.2% ； Land area: No additional land will be used; construction will take place within the existing factory premises ； Labor quota and working hours: No additional staff will be added for this project ； The EOD production facility operates for 333 days per year, with an annual production time of 8,000 hours; it works 24 hours a day, following a four-shift, three-shift operation schedule ； Construction period: 1 year. Product solution: Depending on the company’s production schedule, different products can be produced in intermittent batches using one or several designated production units ； Each unit calculates the production volume for a specific product throughout the year, and the highest value among these is taken as that unit’s maximum production capacity. (For example, R-1202 can produce 6 different products including MPEG; its highest production volume is 75,003 tons per year when producing AEO, so this unit’s maximum production capacity is 75,003 tons per year.) The combined maximum production capacity of the four production units is therefore 102,918 tons per year (approximately 103,000 tons per year). In actual production, the construction unit can make flexible adjustments based on market conditions; the output of various products will vary, but none of them will exceed the maximum production capacity of the respective facilities. To avoid equipment idling due to product changes, a production plan is formulated based on orders during operation, with the product switching frequency for each unit of equipment being approximately 4 to 7 times per month.