Public announcement on the environmental impact assessment for Taizhou Xinpu Chemical’s high-end chemicals project, Xinpu Chemical (Taixing) Co., Ltd

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Recently, the Taizhou Ecology and Environment Bureau issued a public notice regarding the acceptance of the environmental impact assessment report for Taizhou Xinpu Chemical’s high-end chemicals project carried out by Xinpu Chemical (Taixing) Co., Ltd. Xinpu Chemical’s current projects cover the C2 and C3 industrial chains essentially. In 2023, Xinpu Chemical commenced construction of a 800,000-ton/year PDH project, with an annual production capacity of 800,000 tons of propylene ； The 1.1 million tons/year integrated light hydrocarbon processing plant still needs to sell 122,150 tons of propylene and 140,000 tons of ethylene as products each year. Therefore, Sinpu Chemical is currently planning to expand the downstream industrial chain for ethylene and propylene in order to produce polypropylene and butyl octanol, among other products. The enterprises located in the Taixing Economic Development Zone at Xinpǔ Chemical Institute currently have a demand of 400,000 tons per year for butyl acetate, and about 80,000 tons per year for isobutyraldehyde. In the future, the demand for isobutyraldehyde is expected to rise to 200,000–250,000 tons per year, meaning that the enterprises in this zone will continue to have a stable demand for these substances. Xinpu Chemical has obtained the right to use 744.92 mu of land for construction in the industrial park through restructuring investments and land auctions. In line with the company’s own development plans and the needs of the industrial park, Xinpu Chemical intends to build the Taizhou Xinpu Chemical High-End Chemicals Project on the aforementioned site (Xinpu Chemical Area G). Upon completion of the project, it will have a production capacity of 323,028 tons per year of syngas, 1,840 tons of hydrogen, 236,000 tons of n-butanol, 150,000 tons of isooctanol, 90,000 tons of isobutyraldehyde, 15,000 tons of heavy alcohols, 2,500 tons of sodium butyrate solution, 413,240 tons of n-butyraldehyde, 400,000 tons of polypropylene, 9,400 tons of argon (compressed or liquefied), 433,600 tons of nitrogen (compressed or liquefied), and 205,300 tons of oxygen (compressed or liquefied). In accordance with the latest requirements for by-product management, Sinpu Chemical plans to entrust qualified entities with the safe disposal of heavy alcohols and sodium butyrate as hazardous waste. Through the integration of chemical resources, industrial expansion, and product complementarity, this project aims to enhance the overall efficiency of the industrial chain, thereby reducing corporate costs and improving competitiveness. The integrated acrylic acid-butyl octyl alcohol-polypropylene industry chain enables efficient use of resources and cost competitiveness, in line with the trend toward \"integration and refinement\" in the high-end chemical industry.