On February 25, the Korla Economic and Technological Development Zone (hereinafter referred to as the development zone) held a ceremony for the centralized resumption of major projects in the first quarter of 2023 in the development zone.
At present, the fifth phase of the Meike Chemical Phase IV project with 100,000 tons/year BDO and 240,000 tons/year formaldehyde plant is under construction, with a total investment of 2.686 billion yuan; after the project is put into operation, the annual operating income will be about 2.5 billion yuan, and the tax paid will be about 144 million yuan. 100 million yuan, adding about 260 jobs.
Meike Chemical Co., Ltd. is mainly engaged in the research, development, production and sales of petroleum and natural gas chemical products. Currently, it has built an annual production capacity of 270,000 tons of 1,4-butanediol, 160,000 tons of methanol, 620,000 tons of formaldehyde, 50,000 tons of poly Tetrahydrofuran (PTHF) production capacity, as well as 125MW heat and power cogeneration unit, public works equipment and auxiliary engineering, is the largest professional BDO supplier in China and the third largest in the world.