Yida Co., Ltd. plans to adjust the overall plan for the technical upgrade project related to 220,000 tons of propylene (ethyl) oxide derivatives
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Yida Co., Ltd. plans to make adjustments to the overall plan for the technical upgrade project aimed at producing 220,000 tons of propylene (ethylene) oxide derivatives. On the evening of February 12, Yida Co., Ltd. announced that, in order to meet the future demands of the market and due to the impact of the policies regarding the “one-kilometer” shoreline along the Yangtze River (the boundary line within one kilometer of the Yangsi Port lock area), its subsidiary, Taixing Yida Chemical Co., Ltd., intends to make the following changes to the overall plan for this project: the production volume of triethylenediamine isocyanurate (SEIK) under this project will be reduced by 20,000 tons. The name of the project will also be changed to “Project for Producing 200,000 Tons of Propylene (Ethylene) Oxide Derivatives per Year”. The total investment required for this project will decrease from 845 million yuan to 642 million yuan； The address of the investment project has been changed to No. 1, Tongjiang Road and Zhonggang Road, Taixing Economic Development Zone (within the premises of Wanqi Biotechnology (Taizhou) Co., Ltd.)
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