Using propane dehydrogenation process to produce propylene (low-carbon olefin) with an annual production of 1.2 million tons.

  • Budget:5.978billion
    Cooperation Mode:Sole proprietorship
  • Industry:High-end chemical industry
    Jurisdiction:Yantai

Target Investors

Leading enterprises in related industries, top 500 enterprises, etc.

Construction Content

The project uses propane as raw material to produce propylene, with a tentative output scale of 1.2 million tons/year and a hydrogen output of 63,600 tons/year as by-product. Propylene is an important basic chemical raw material and the second largest petrochemical raw material following ethylene. Its downstream products are abundant. In addition to the production of polypropylene resin, it can also be derived and processed into several product chains, such as butyl octanol, acrylonitrile, propylene oxide, propylene oxide, acrylate, phenol-acetone, and indium phenol.

Market Potential

After the project is completed and put into operation, the sales revenue will be RMB 8.909 billion, the taxation of profit will be RMB 1.156 billion and the profit will be RMB 820 million.

Advantages

Propane, as a component of liquefied gas products, has a large trade volume. Laizhou Yinhai Chemical Industrial Park has obvious location advantages. The construction of propane dehydrogenation production equipment is highly competitive and can address the insufficient propylene capacity in the regional market.

Preferential Policies

Corresponding preferential policies will be given according to the intensity, scale and output efficiency of the project.

Investment Requirements

Propylene production and multiple product chains such as polypropylene resin, butyl octanol, acrylonitrile, propylene oxide, propylene oxide, acrylate, phenol-acetone and nonylphenol.

Contact

Pan Weiwei   0535-2220076