Total investment of 76 billion yuan! Comprehensive overview of Jiangsu’s 15 new petrochemical/coal chemical projects: overall upgrade of the industrial landscape
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The 25th National “Safety Production Month” in 2026: Everyone should talk about safety and know how to handle emergencies; identify and address potential risks and hazards. -------------------------------------------------- 1. Investor for the project aimed at improving the efficiency of Dongfang Shenghong’s aromatic hydrocarbon industry chain: Lianyungang Hongke New Materials Co., Ltd. (a wholly-owned subsidiary of Dongfang Shenghong). Investment amount: 13.33 billion yuan. Project location: Petrochemical Industry Base in Xuwu New Area, Lianyungang. Project progress: Contract signed in April 2026; preliminary procedures are underway. Main products: 150,000 tons per year of TDI, 50,000 tons per year of HDI, 300,000 tons of PC, 240,000 tons of caustic soda, 240,000 tons of bisphenol A, and other high-end chemical materials. 2. Investor for the project focused on integrated production of high-end petrochemical materials in Lianyungang: Lianyungang Petrochemical Co., Ltd. (a wholly-owned subsidiary of Satellite Chemicals). Investment amount: 7.82 billion yuan. Project location: Xuwu New Area, Lianyungang. Project progress: Civil engineering and equipment installation work are in progress; operation is scheduled to begin in August 2027. Main products: High-end polyolefins, POE polyethylene elastomers, 1-butene, and high-end plastic raw materials. Project company for the 32,600 tons/year aromatic compounds processing plant: Lianyungang Petrochemical Co., Ltd. Investment amount: 1.03 billion yuan. Project location: Petrochemical Industrial Park in Xuwei New Area, Lianyungang. Project progress: Equipment installation is in full swing; operation is scheduled to begin by the end of October 2026. Main products: high-purity benzene, xylene, carbon-9 aromatic compounds, and basic aromatic raw materials5. Company investing in CO₂ polyethers and polyols projects: Changhua Chemical Technology Co., Ltd. Total investment: 5.86 billion yuan, with 2.2 billion yuan allocated to Phase 1. Project location: Xuwéi New Area, Lianyungang. Project progress: Phase 1 is already in operation; construction for Phase 2 has begun. Products: CO₂-based polyethers, high-performance polyols, polyurethane raw materials, and adhesive monomers.
6. Company investing in a project to produce 180,000 tons of green methanol per year: Lianyungang Ganyu New Energy Enterprise. Investment amount: 1.868 billion yuan. Project location: Ganyu Marine Economic Development Zone, Lianyungang. Project progress: Environmental impact assessment is underway; construction is planned to begin in July 2026. Main products: biomass-based refined methanol, industrial CO₂ as a by-product, liquid oxygen and liquid nitrogen
11. Investor of the Yancheng Lanze Green Methanol Project: Yancheng Lanze New Energy Co., Ltd. Investment amount: 3.62 billion yuan. Project location: Yancheng Binhai Chemical Industrial Park. Project progress: Pile foundation construction is in progress. Main products: Green hydrogen used for methanol synthesis, fuel-grade methanol, and basic chemical raw materials.
12. Investor of the Longi Green Energy Lianyungang Green Methanol Project: Longi Green Energy (Lianyungang) New Energy Co., Ltd. Investment amount: 4.27 billion yuan. Project location: Wind and solar hydrogen production industrial park in Xuwu New Area, Lianyungang. Project progress: All preliminary design work has been completed; approval for commencement is pending. Main products: Green methanol produced through wind and solar energy, along with related hydrogen-based chemical products
14. Company investing in the construction and upgrading of Jiangsu Suphac’s vinyl acetate production facility: Jiangsu Suphac (Group) Co., Ltd. Investment amount: 3.56 billion yuan. Project location: Zhenjiang Dantu New Area Chemical Industrial Park. Project progress: Renovation work on existing facilities is being carried out simultaneously with new construction. Main products: Vinyl acetate, EVA resin monomers, and industrial glacial acetic acid.
15. Company investing in the first phase of PetroChina’s polyolefin pilot plant in Nantong: PetroChina Research Institute Nantong Branch. Investment amount: 1.29 billion yuan. Project location: Nantong Tongzhou Bay Petrochemical Industrial Zone. Project progress: The main structure of the pilot plant has been completed; it is now in the debugging phase. Main products: New types of polyolefin catalysts, high-end PE/PP resins, and polyolefin modification materials