Public announcement on Shibei (Jiangsu) New Materials’ 1.2-billion-yuan investment in a fine chemical project for specialty acids, aldehydes, and alcohols

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Recently, a research team specializing in the global chemical industry learned from relevant sources that Worldbell (Jiangsu) New Materials Co., Ltd.’s high-end new materials project has begun the public disclosure process for environmental impact assessment on relevant websites; the disclosure period lasts for 10 working days starting from January 27, 2026. In the public information provided, the construction unit, Shibei (Jiangsu) New Materials Co., Ltd., stated that its parent company, Zhejiang Shibei New Materials Co., Ltd., completed the establishment of its core production facilities in the Economic Development Zone of Daishan County, Zhoushan City, Zhejiang Province, in 2023, and those facilities have since been put into operation. The current production units include: a facility for producing 25,000 tons per year of isooctanoic acid, a facility for producing 3,000 tons per year of bio-based 1,2-pentanediol, a facility for producing 5,000 tons per year of bio-based 1,5-pentanediol, a facility for producing 500 tons per year of antistatic agents, and a facility for producing hydrogen from natural gas at a rate of 2,000 Nm3/h. For the project listed in this announcement, Shibei (Jiangsu) New Materials Co., Ltd. plans to invest 1,246,361,300 yuan in the Taixing Economic Development Zone of Taizhou City, Jiangsu Province, to build a high-end new materials facility. The project covers an area of 158 mu and will be constructed in two phases. Upon completion, the project will have an annual production capacity of 49,672 tons of isooctanoic acid, 25,000 tons of isooctenal, 45,700 tons of isooctal, 6,948 tons of crude octanol, 6,000 tons of bio-based 1,2-pentanediol, 8,688 tons of bio-based 1,5-pentanediol, 6,560 tons of furfuryl alcohol, and 4,060 tons of alcohol-based fuel. Of which: Phase 1 will have an annual production capacity of 24,836 tons of isooctanoic acid, 25,000 tons of isooctenal, 22,850 tons of isooctal, 3,474 tons of crude octanol, 3,000 tons of bio-based 1,2-pentanediol, 4,344 tons of bio-based 1,5-pentanediol, 3,280 tons of **furfuryl alcohol, and 2,030 tons of alcohol-based fuel ； The second phase of construction will enable an annual production of 24,836 tons of isooctanoic acid, 22,850 tons of isooctal, 3,474 tons of crude octanol, 3,000 tons of bio-based 1,2-pentanediol, 4,344 tons of bio-based 1,5-pentanediol, 3,280 tons of furfuryl alcohol, and 2,030 tons of alcohol-based fuel. This project obtained the Jiangsu Province investment project registration certificate in Taizhou City in December 2025. In the public information, the project owner states that the process design for this project takes into full account a vertical flow layout, as well as pipeline-based, enclosed, and automated designs; all production units employ continuous production methods.