Invest 21.3 billion! Jinneng Chemical’s degradable plastic and new material project started

Latest News: On July 20, Qingdao Advanced Polymer and Metal Materials Industrial Park officially started construction. Seven projects with a total investment of about 77.2 billion yuan were started in Dongjiakou Economic Zone, West Coast New Area, Qingdao.

The 7 projects include Chengzhi Co., Ltd.’s new material and liquid crystal monomer project, China National Rubber Center’s functional new material industrial park project, Jinneng degradable plastic and environmental protection new material project, Jinneng Muguan Island offshore photovoltaic power generation project, Huicheng New Material Industrialization Base Project, Gulf Chemical Olefin New Material Industry Chain Project, Milkway Fine Chemicals Compounding Supply Chain Integration Platform Project.

Jinneng Biodegradable Plastics and Environmental New Materials Project

Jinneng Degradable Plastics and Environmental Protection New Material Project This project is invested by Jinneng Chemical (Qingdao) Co., Ltd. and mainly builds a degradable plastic project with an annual output of 660,000 tons and an environmental protection new material project of 850,000 tons.

The total investment of the first phase of the project is 21.3 billion yuan. It mainly builds a degradable plastic project with an annual output of 220,000 tons and an environmental protection new material project of 850,000 tons. It is expected to achieve an annual output value of 23.8 billion yuan and a tax of 2.9 billion yuan.

Jinneng degradable plastics and new environmentally friendly materials project, the main products are maleic anhydride, BDO, PBAT, PBS, acrylic acid, butyl acrylate, octanol, neopentyl glycol, etc. At the same time, the project party will extend the propylene industry chain downstream based on its own industrial advantages, build propylene downstream acrylic acid and ester, butanol and other projects, and produce environmentally friendly new materials NPG, SAP, BA, which will accelerate the incremental rise of Qingdao’s environmental protection new material industry.

Qingdao Advanced Polymer and Metal Materials Industrial Park

Qingdao Advanced Polymer and Metal Materials Industrial Park is one of the ten major emerging industry parks planned and constructed by Qingdao, including three parks in West Coast New Area, Chengyang and Pingdu, with an industrial land of 19,200 mu, of which Dongjiakou Park The industrial land is 17,200 mu.

The park focuses on the development of high-end downstream products of ethylene, propylene and carbon, and innovatively deploys degradable materials, carbon dioxide-based high-value chemical product chains and special steel. Seven new material leading projects with a total investment of 155.8 billion yuan, including China National Rubber Center, Chengzhi Co., Ltd., and Qingdao Petrochemical, have been completed, and the industrial scale will reach 180 billion yuan after all projects are put into production.