On April 21, the signing ceremony of the investment and cooperation agreement for the new chemical material project of Sichuan Jinhaima Industrial Co., Ltd. (Dazhou) was held in Dazhou. Xuanhan County People’s Government and Sichuan Jinhaima Industrial Co., Ltd. reached in-depth cooperation in the field of new chemical materials and signed an investment cooperation agreement.
It is understood that the project focuses on the comprehensive utilization of natural gas, focusing on the development of high-end new chemical materials, key raw materials required by the fine chemical industry and clean fuel industries, with a planned investment of 10.947 billion yuan. The project will be constructed in two phases, of which the first phase covers an area of 578 acres and plans to invest 3.573 billion yuan to build an annual production capacity of 100,000 tons of BDO (1,4-butanediol), 100,000 tons of PBT (polybutylene terephthalate) ) and a 240,000-ton formaldehyde project are expected to be completed and put into production within three years; the second phase plans to use 385 acres of land, with a planned investment of 7.374 billion yuan, and construction will start after the first phase reaches production capacity.
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