The total investment is about 33 billion yuan! The first phase of the project with an annual output of 800,000 tons of functional new materials started

Latest News: It was learned from the Nanchong Municipal Government Network that on the morning of June 30, Yongrong Holding Group and Nanchong, a cooperation project – Yongying New Materials with an annual output of 800,000 tons of functional new materials integrated industrial chain The first phase of the project was officially started in Nanchong Economic Development Zone.

It is understood that the total investment of the integrated industrial chain project of Yongying New Materials with an annual output of 800,000 tons of functional new materials is about 33 billion yuan, covering an area of ​​about 5,000 mu. The first phase of the project is expected to be completed and put into operation in December 2023.

According to the environmental impact report published on the website of the Sichuan Nanchong Economic Development Zone Management Committee, Yongrong Group plans to use natural gas as raw material and use the acetylenic aldehyde method to produce 1,4-butanediol, and extend it to the downstream industry chain to implement the “80”
10,000-ton functional new material integrated industrial chain project”. The project is planned once and implemented in phases. The first phase of construction includes natural gas to acetylene plant, formaldehyde plant, 1,4-butanediol (BDO) plant, polyadipic acid / Butylene terephthalate (PBAT) unit and polytetrahydrofuran (PTMEG) unit, as well as supporting public works and auxiliary production facilities, form 300,000 tons/year BDO, 6
The production scale of 10,000 tons/year PBAT and 60,000 tons/year PTMEG.