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Haiwan Group Develops ECH Epoxy Resin Circular Industry Chain

2024-8-6

In Dongjiakou Industrial Park, Haiwan Group fully utilizes its inherent port advantages to promote the high-end development of the chemical industry chain. The group has built the largest 50,000 cubic meter low-temperature ethylene storage tank in China and laid out multiple petrochemical high-end new material industry chains. Among them, the epoxy resin project is an important part.

At present, the new 240,000 tons/year bisphenol A project is running stably, with its products reaching the national standard for superior ones. This unit, along with the ongoing epoxy chloropropane project and epoxy resin project, will form a clearly advantageous circular industry chain. It can not only achieve self-supply of raw materials, but also fully utilize the high salt wastewater produced as a byproduct, gaining a win-win result of economic and environmental benefits.

Haiwan Chemical Epichlorohydrin Green Circular Economy Project (Phase I) is developed with a total planned investment of 2.05 billion yuan, involving one set of 150,000 tons/year Epichlorohydrin unit, 200,000 tons/year glycerol refining and supporting high salt wastewater comprehensive utilization unit, as well as incineration unit and public works. This project adopts the latest improved glycerol method technology for production, with the produced waste brine refined and used as raw material for ion membrane caustic soda unit, reducing equipment input and post-treatment pressure while boasting environmental advantages. The epoxy chloropropane project (Phase I) is an important extension of the company¡äs existing vinyl polymer industry chain, and also an important layout for the enterprise in the fields of high-end new materials and composite materials.

The planned investment for Haiwan Chemical Phase III project is nearly 10 billion yuan. In addition to the above projects, it also includes a 150,000 ton/year epoxy resin project, which is expected to be put into operation in 2024. After completion, it is expected to bring a total operating revenue of 26 billion yuan.