Project with an annual output of 200,000 tons of unsaturated polyester resin

  • Budget:3.5billion
    Cooperation Mode:Joint-venture, cooper...
  • Industry:High-end chemical industry
    Jurisdiction:Linzi District, Zibo City

Land Quota

Yes

Target Investors

Industry leaders, top 500 enterprises, hidden champions, etc.

Construction Conditions

This project is located in Linzi Qilu Chemical Industrial Park. After put into operation, it is expected to increase the annual demand for styrene by 65,000 tons, the annual demand for liquid maleic anhydride by 60,000 tons, and the annual demand for dicyclopentadiene by 20,000 tons. In the park, SINOPEC Qilu Petrochemical Company has an annual production capacity of 400,000 tons of styrene, Qixiang Tengda has an annual production capacity of 150,000 tons of maleic anhydride, and Lu Hua Chemical has an annual production capacity of 30,000 tons of dicyclopentadiene. This project will sign raw material and energy supply agreements with SINOPEC Qilu Petrochemical Company, Qixiang Tengda, Lu Hua Chemical and other large local enterprises to ensure the supply of raw materials. Moreover, the raw liquid maleic anhydride is transported through pipelines, which reduces the transportation and storage costs of the raw materials.

Market Potential

Unsaturated polyester resin (UPR) the variety in the three major thermosetting resins (together with epoxy, phenolic) in China with the fastest development, widest application and highest output. Its advantages of good processability, low cost, easy molding, as well as composite reinforcement and design matching with inorganic materials, such as glass fibers make the composite materials have the characteristics of light weight, high strength and multifunction, and therefore, it is widely used in various fields of national economy. With the acceleration of energy reform and low-carbon economy in the country, UPR-based composite materials are widely used in emerging industries such as rail transit, high-speed railway, urban construction, green buildings, wind power development, chemical corrosion prevention, dust removal and desulfurization, marine engineering, boat engineering, power and electrical appliances, etc. With the total internal rate of return as high as 44.75% (after tax) and a payback period of 3.32 years (after tax), this project has good economic benefits.

Advantages

The proposed project is located in Linzi Qilu Chemical Industrial Park, which belongs to the first batch of accredited chemical industrial parks in Shandong Province. The park has complete supporting facilities and guaranteed supply of water, electricity and gas. The park\\\'s geographical location, traffic and other conditions are favorable to the construction of the proposed project.

Preferential Policies

Preferential policies are provided according to the investment of the project, lease and purchase of factory buildings, scale, technological content and local financial contributions.

Investment Requirements

High-end chemical enterprises, in forms of joint ventures, cooperation, equity investment, etc.

Project Planning and Other Materials

The construction mainly involves the high-temperature workshop No. 2 (10 pieces of automatic production equipment), warehouses No.7 and No.8 warehouse, and product tank area.