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Successful Signing of Two Major Chemical Projects by Sinochem Quanzhou

2024-10-22

Recently, Sinochem Quanzhou successfully signed agreements for its newly-built 100,000 tons/year EVA project and the Sinochem Dongda (Quanzhou) Polyether Polyol project at the project sites.

According to earlier environmental impact assessment disclosures, the total investment for the Sinochem Quanzhou newly-built 100,000 tons/year EVA project is 2,772.3 million yuan. The project plans to adopt ExxonMobil¡äs autoclave process, with the intended EVA products having a VA content of up to 33wt%. These products can be widely used in high-end fields such as solar encapsulation films and hot-melt adhesives, possessing high added value and aligning with the development direction of China¡äs chemical industry and national industrial policies.

The total investment for the Sinochem Dongda (Quanzhou) Polyether Polyol project is approximately 1.024 billion yuan. The production process for this project adopts Shandong Dongda¡äs new high-performance polyether polyol production technology package. This production technology has undergone more than 30 years of industrial production practice and is mature and reliable. Additionally, the project site is adjacent to Quanzhou Petrochemical, which is expected to leverage the industrial chain synergies with Sinochem Group and surrounding enterprises in the park in terms of raw material supply, thereby enhancing the project¡äs economic benefits.