Sichuan Air Separation signs contract for complete air separation equipment for the first phase of Yueneng New Materials’ epoxy resin integration project in Shaanxi

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On February 25, Shaanxi Yueneng New Materials Company and Sichuan Air Separation Equipment (Group) Co., Ltd. held a signing ceremony in Yulin to reach an agreement on the procurement of air separation equipment for the epoxy resin integration project (Phase I). This contract is the first procurement agreement for a key core device since the launch of the project, marking the official entry into the phase of purchasing essential equipment and laying a solid foundation for the subsequent construction of the main project structure. At the signing ceremony, the two parties had in-depth discussions on project implementation and collaboration mechanisms. A representative from Sichuan Air Branch said that the company will make full use of its comprehensive strengths in technology research and development, equipment manufacturing, and after-sales service, ensure strict control over equipment quality and delivery timelines, provide ongoing maintenance support throughout the entire life cycle of the equipment, and strive to turn this project into a high-quality achievement. Nenghua New Materials Company emphasized that this partnership represents a crucial step in the company’s deeper integration into Yueneng Group’s \"hundred-billion-level\" fine chemicals industry strategy, as well as in contributing to the development of the Yulin Energy Revolution Innovation Demonstration Zone. It is hoped that, taking this cooperation as an opportunity, both parties will adhere to safety standards, strictly control quality and progress, continuously improve the design, and achieve mutual benefit through enhanced collaboration, thereby contributing together to the development of Yulin’s high-end energy and chemical industry base. The epoxy resin integrated project (Phase I) of Shaanxi Yueneng New Materials Co., Ltd. involves a total investment of 12.801 billion yuan. The construction scope includes production facilities such as an 800,000-ton/year methanol-to-propylene (DMTP) complex, a 125,000-ton/year chloropropene plant, a 150,000-ton/year epichlorohydrin facility, a 200,000-ton/year hydrogen peroxide plant, a 300,000-ton/year isopropylbenzene unit, a 350,000-ton/year phenol-acetone plant, a 240,000-ton/year bisphenol A facility, a 250,000-ton/year epoxy resin plant, a 50,000-ton/year ethylene-propylene rubber plant, a 100,000-ton/year polyolefin elastomer (POE) plant, a 100,000-ton/year high-salt wastewater treatment plant, as well as a thermal power station and other supporting utilities.