Wanhua Chemical PDH, high-end polyolefin and other projects approved
Source: Energy and Chemical Dynamics 
90,953 
January 29, 2024, 11:03 AM
In January 2024, the sea for the Fuqing Wanrong new materials integration project was approved by the State Council, with a total sea area of 218.7459 hectares. It is known from the published information that the enterprise belonging to the project is Wanrong New Materials (Fujian) Co., Ltd.
The integration project of Wanrong New Materials is located on the southeast side of Jiangyin Peninsula in Fuqing City to build production facilities and supporting facilities such as propylene dehydrogenation.
After the completion of the project, it will make use of imported propane resources and take the international advanced propane dehydrogenation (PDH) technology as the leader to develop an integrated industry. The project aims at the high-end market, creates high-quality polyolefin products, leads the development direction of polyolefin industry, creates conditions for the development of new materials industry downstream of propylene, and promotes the high-quality development of petrochemical industry.
According to the company's website, Wanrong New Materials (Fujian) Co., Ltd. is a subsidiary of Wanhua Chemical holding Co., Ltd. the registration time is March 31, 2021, the registered capital is 3 billion yuan, and the registered address is located in Jiangyin Industrial concentration District, Fuqing City, Fuzhou City, Fujian Province. Wanhua Chemical and Ningbo Zhongtao are controlled by two enterprises, of which Wanhua Chemical holds 80% of the shares.
This project will form a benign industrial chain with the existing and planned petrochemical projects in the park, and realize the reconstruction of Jiangyin chemical industry chain and the transformation and upgrading of Jiangyin chemical industry. Fuqing industry will be driven to develop towards a new type of industrialization with larger scale, stronger strength, better efficiency and lower energy consumption, and promote the area to create a new high-end chemical materials industry zone with comprehensive competitiveness.
In addition, according to the online examination and approval supervision platform of investment projects in Fujian Province, Wanrong New Materials also has two projects with an annual output of 1.44 million tons PVC project and propane / butane cave reservoir project, which were filed on July 31, 2023 and February 9, 2022, respectively.
Wanhua Chemical Fujian Petrochemical Industry layout
Set up a joint venture company to lay out PDH and downstream industries in the East District.
As early as March 24, 2021, Wanhua Chemical announced the establishment of a joint venture Wanhua Chemical (Fujian) New Materials Co., Ltd., which is actually the same as the aforementioned "Wanrong New Materials".
The investment plan of this announcement is located in the East District. In the future, Wanhua Chemical will plan the petrochemical industry chain in the eastern area of Fujian Jiangyin Port City Economic Zone, and initially plan the PDH propane dehydrogenation to propylene and propylene downstream industry chain. The joint venture company is mainly responsible for the promotion of the eastern district project.
The West District is the main industrial position, focusing on MDI and TDI industries.
The existing industrial layout of Wanhua Fujian Industrial Park is mainly concentrated in the western part of Jiangyin Port City Economic Zone and related projects of polyurethane. Among them, Wanhua Fujian is mainly responsible for TDI, PVC, syngas and supporting air separation, liquid ammonia, aniline and other equipment and wharf construction; Wanhua Fujian isocyanate Co., Ltd. is mainly responsible for MDI main plant construction and some supporting public works. The main plan is 400000 tons of MDI, 250000 tons of TDI and so on. The project is jointly invested by Wanhua Chemical and Fujian Petrochemical, in which Wanhua Chemical holds 80% and Fujian Petrochemical holds 20%.
The East and West districts are interconnected, and the integration promotes the maximization of the interests of the park.
After this new joint venture, it is expected to copy the polyurethane + PDH model of Yantai Industrial Park, which can make use of the petrochemical resources of the East District to form the raw material source of the West District project, realize the interconnection between the East District and the West District, supply the raw materials between the East and West districts for each other, and share the infrastructure, which will greatly enhance the integration advantage of the Fujian base and maximize the benefit of the park. Take the current polyurethane + petrochemical layout of Wanhua Yantai Industrial Park as an example, there is a lot of synergy between petrochemical projects and polyurethane projects: (1) sharing thermoelectricity and other utilities; (2) a large amount of by-product hydrochloric acid in MDI and TDI units, which can be digested by the petrochemical project to produce PVC; (3) PDH hydrogen production, which can reduce the cost of MDI; (4) petrochemical project production EO is further used in the production of downstream new materials series products. Source: energy dynamic
The integration project of Wanrong New Materials is located on the southeast side of Jiangyin Peninsula in Fuqing City to build production facilities and supporting facilities such as propylene dehydrogenation.
After the completion of the project, it will make use of imported propane resources and take the international advanced propane dehydrogenation (PDH) technology as the leader to develop an integrated industry. The project aims at the high-end market, creates high-quality polyolefin products, leads the development direction of polyolefin industry, creates conditions for the development of new materials industry downstream of propylene, and promotes the high-quality development of petrochemical industry.
According to the company's website, Wanrong New Materials (Fujian) Co., Ltd. is a subsidiary of Wanhua Chemical holding Co., Ltd. the registration time is March 31, 2021, the registered capital is 3 billion yuan, and the registered address is located in Jiangyin Industrial concentration District, Fuqing City, Fuzhou City, Fujian Province. Wanhua Chemical and Ningbo Zhongtao are controlled by two enterprises, of which Wanhua Chemical holds 80% of the shares.
This project will form a benign industrial chain with the existing and planned petrochemical projects in the park, and realize the reconstruction of Jiangyin chemical industry chain and the transformation and upgrading of Jiangyin chemical industry. Fuqing industry will be driven to develop towards a new type of industrialization with larger scale, stronger strength, better efficiency and lower energy consumption, and promote the area to create a new high-end chemical materials industry zone with comprehensive competitiveness.
In addition, according to the online examination and approval supervision platform of investment projects in Fujian Province, Wanrong New Materials also has two projects with an annual output of 1.44 million tons PVC project and propane / butane cave reservoir project, which were filed on July 31, 2023 and February 9, 2022, respectively.
Wanhua Chemical Fujian Petrochemical Industry layout
Set up a joint venture company to lay out PDH and downstream industries in the East District.
As early as March 24, 2021, Wanhua Chemical announced the establishment of a joint venture Wanhua Chemical (Fujian) New Materials Co., Ltd., which is actually the same as the aforementioned "Wanrong New Materials".
The investment plan of this announcement is located in the East District. In the future, Wanhua Chemical will plan the petrochemical industry chain in the eastern area of Fujian Jiangyin Port City Economic Zone, and initially plan the PDH propane dehydrogenation to propylene and propylene downstream industry chain. The joint venture company is mainly responsible for the promotion of the eastern district project.
The West District is the main industrial position, focusing on MDI and TDI industries.
The existing industrial layout of Wanhua Fujian Industrial Park is mainly concentrated in the western part of Jiangyin Port City Economic Zone and related projects of polyurethane. Among them, Wanhua Fujian is mainly responsible for TDI, PVC, syngas and supporting air separation, liquid ammonia, aniline and other equipment and wharf construction; Wanhua Fujian isocyanate Co., Ltd. is mainly responsible for MDI main plant construction and some supporting public works. The main plan is 400000 tons of MDI, 250000 tons of TDI and so on. The project is jointly invested by Wanhua Chemical and Fujian Petrochemical, in which Wanhua Chemical holds 80% and Fujian Petrochemical holds 20%.
The East and West districts are interconnected, and the integration promotes the maximization of the interests of the park.
After this new joint venture, it is expected to copy the polyurethane + PDH model of Yantai Industrial Park, which can make use of the petrochemical resources of the East District to form the raw material source of the West District project, realize the interconnection between the East District and the West District, supply the raw materials between the East and West districts for each other, and share the infrastructure, which will greatly enhance the integration advantage of the Fujian base and maximize the benefit of the park. Take the current polyurethane + petrochemical layout of Wanhua Yantai Industrial Park as an example, there is a lot of synergy between petrochemical projects and polyurethane projects: (1) sharing thermoelectricity and other utilities; (2) a large amount of by-product hydrochloric acid in MDI and TDI units, which can be digested by the petrochemical project to produce PVC; (3) PDH hydrogen production, which can reduce the cost of MDI; (4) petrochemical project production EO is further used in the production of downstream new materials series products. Source: energy dynamic