On October 7, Dongying Port Economic Development Zone released the social stability risk analysis information of Shandong Hongfeng Chemical Co., Ltd.’s 200,000 tons/year maleic anhydride and hydrogen comprehensive utilization project.
Project name: 200,000 tons/year maleic anhydride and hydrogen comprehensive utilization project
Construction unit: Shandong Hongfeng Chemical Co., Ltd.
Construction location: This project is located in the Industrial Park of Dongying Port Economic Development Zone.
Financing: The total investment of this project is 7,526.38 million yuan, of which 30% is self-raised and the rest is bank loans.
Construction period: The construction period of this project is 2 years (December 2023 to December 2025).
Project Overview: This project covers an area of 573.9 acres and mainly constructs a 2 million tons/year young hydrocarbon recovery unit, a 200,000 tons/year maleic anhydride unit, a 100,000 Nm3/h oil residue hydrogen production unit, 200,000 tons/year sulfur combined unit, 60,000Nm3/h hydrogen production unit and supporting public works, etc. use liquefied gas and hydrogenated hard asphalt as raw materials to produce n-butane, isobutane, maleic anhydride, propane, hydrogen and other chemicals . On October 7, Dongying Port Economic Development Zone released the social stability risk analysis information of Shandong Hongfeng Chemical Co., Ltd.’s 200,000 tons/year maleic anhydride and hydrogen comprehensive utilization project.