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The Third Phase of Guangxi Huayi New Materials Project Started Smoothly

2024-5-13

On May 9th, Guangxi Huayi New Materials Company held a groundbreaking ceremony for the 20,000 ton/year inhibitor project in the Qinzhou Port Petrochemical Industrial Park, marking the official start of the company¡äs Phase III project construction.

The 20000 tons/year polymerization inhibitor project is the first sub project of the third phase project of Guangxi New Materials Company to commence construction. It adopts advanced technology independently developed by Huayi Group (600623), which will meet the needs of extending the industrial chain of Huayi Qinzhou Chemical New Materials Integrated Base, enhance industrial resilience and enhance industrial level. The project is divided into two stages of construction. As the construction of the first stage of the project started in this May, the civil engineering is planned to start comprehensively by the end of the year and will be handed over in the first half of 2026.