On March 29, Wanhua Chemical stated on the investor interaction platform that the first phase of the company's POE project with an annual output of 200,000 tons is expected to be put into operation in the first half of 2024, and the second phase of the Penglai base with an annual output of 400,000 tons has started construction. It is expected to be completed and put into operation by the end of 2025. After completion, the company's total POE production capacity will reach 600,000 tons/year. nbsp;
Wanhua Chemical said that the main projects expected to be put into production in 2024 include:
200,000 tons/year POE project: expected to be put into operation in the second quarter
48,000 tons/year citral-flavors and fragrances project: expected to be put into operation in the third quarter
Penglai Phase I 900,000 tons/year propane dehydrogenation project: It is expected to be put into operation in the fourth quarter
Yantai's 1.2 million tons/year ethylene project: It is expected to be put into operation at the end of this year and early next year
Fujian MDI technological transformation increased from 400,000 tons to 800,000 tons: expected to be completed by the end of April 2024
Source: Epoxy Industry Center