Shenghong Petrochemica's 130kt/year PETG unit starts operation successfully

On January 5, 2024, Shenghong Petrochemical's 130kt/year PETG unit with independent intellectual property rights successfully produced qualified products in a single operation.

As for the upstream aspect of the product, this project uses PTA from Honggang Petrochemical, a subsidiary of the group, and ethylene glycol from Shenghong Refining to produce high value-added, high-end new material products, further expanding Shenghong's new energy and new material industry matrix. According to the head of Jiangsu Honggang Petrochemical, the difficulty in the development of PETG lies in the selection of catalysts and reactor structure. The company has successfully developed it in the laboratory since 2019, and after continuous breakthroughs, the research and development results have finally landed. Currently, its PETG products have been sent to more than 20 companies for trial use.