240kt/year of BDO +120kt/year PBAT project from Shandong Hengxin starts construction
The integrated industry project of biodegradable new materials from Shandong Hengxin Zhongtan High Material Technology Co., Ltd., a branch company of Shandong Hengxin Group Co., Ltd., covers 5.02 billion Yuan of investment, 860 Mu of land area and 0.257 million square meters of built-up area. It will construct the formaldehyde plant, acetylene generator, PBS and other production units and public auxiliary facilities
After the completion of the project, the annual output will be 240kt/year of BDO, 120kt/year of PBAT, 60kt/year of PBS and 50kt/year of succinic acid, with an annual output value of 9 billion yuan and profits and taxes of 1.8 billion yuan. The construction of the project is in line with the national industrial policy and the needs of regional development, is conducive to the implementation of sustainable development strategy, and has become a new growth point for the transformation of new and old kinetic energy in Jining, Shandong.
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