On August 24, Shenyang Chemical Co., Ltd. announced that Sinochem Dongda (Quanzhou) Co., Ltd., a subsidiary of the company’s subsidiary Shandong Bluestar Dongda Co., Ltd., plans to build a 240,000-ton plant in Quanhui Petrochemical Industrial Park, Quanzhou, Fujian. /year polyether polyol project. The project was previously contracted in May 2022.
Project Overview
Project name: 240,000 tons/year polyether polyol project
Implementing subject: Dongda Quanzhou
Project location: Quanhui Petrochemical Industrial Zone, Hui’an County, Quanzhou City, Fujian Province
Project investment: The total investment is about 1.024 billion yuan. 40% of the funds are self-raised by Shandong Dongda, and 60% are loans.
Project content: Project construction of 240,000 tons/year polyether polyol process unit
Project construction period: The project is expected to be completed and handed over in August 2025, and trial production will begin in September 2025.
Project process: The production process of this project adopts Shandong Dongda’s new high-performance polyether polyol production process package. This production technology has gone through more than 30 years of industrial production practice, and the technology is mature and reliable. At the same time, the location of the project is adjacent to Quanzhou Petrochemical, and it is expected to be able to play a synergistic effect on the industrial chain with Sinochem Group and surrounding enterprises in the supply of raw materials to improve the economic benefits of the project.