The hottest Jilin Province invested 8billion yuan

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Jilin Province invested 8billion yuan to build the world's largest ethylene glycol production base

the world's largest bio based polyol (ethylene glycol and propylene glycol) base with a total investment of 8billion yuan is expected to be settled in Jilin, a province with large output. First finance and economics learned at the second biological industry conference held in Changsha yesterday, China Development Bank has signed a strategic cooperation agreement with Dacheng Biochemical Technology Group Co., Ltd. (hereinafter referred to as Dacheng Group) for a loan of 5billion yuan to support the establishment of the project

Zhao Zhenqi, assistant governor of Jilin Province, said that the total investment of the project is 8billion yuan. At present, the enterprise has raised 3billion yuan of loans by itself, and the remaining 5billion yuan will be loaned by the National Development Bank. It is understood that the project is expected to be officially put into operation in 2009. After completion, the annual production capacity of ethylene glycol will reach 1million tons, which is the largest in the world

chenjianwen, general manager of Dacheng Group Shanghai Branch, told China business news that the industrial chain of bio based diols is relatively long. On the one hand, they are used in the production of chemical materials such as coatings, resins, fiberglass, fibers, artificial marble, on the other hand, they are used in polymerization, spinning, manufacturing, printing and dyeing, all the way to the whole industrial chain of garment making

it is understood that the apparent demand for ethylene glycol in the Chinese market last year was 6.57 million tons, while China's production reached 1.57 million tons, and 5million tons of ethylene glycol were mainly imported. In the current situation of oil shortage, traditional petroleum processing alone is difficult to meet production needs. Therefore, the development of biological industry and the production of bio based ethylene glycol by biological deep processing can alleviate the pressure of tight supply of basic petrochemical raw materials

in fact, as early as April, 2005, Dacheng Group began the production and research and development of ethylene glycol, which had been successfully developed by October of that year. In December of that year, Dacheng Group launched a 200000 ton device, and began mass production in September of last year. Now the biological deep processing project has relatively mature experience for Dacheng Group. Chen Jianwen told

although bioenergy is a general trend to alleviate the shortage of basic petrochemical raw materials, Chen Jianwen believes that due to the need to ensure production under the condition of food security, the large-scale expansion also predicts that the global TPE revenue growth will reach 4.7% by 2022, which is limited to a certain extent. It is understood that according to the relevant national regulations, the current corn used for biological deep processing cannot exceed 28%, which makes biological deep processing subject to certain restrictions

for the sake of safety production, enterprises are also considering replacing corn with other organisms, such as sweet potato, cassava, sugarcane, etc. To this end, the leaders of Dacheng Group recently paid a special visit to Guangxi sugarcane production base, hoping to find biological processing products that can replace corn in the future. Chen Jianwen said that the scope of investment can be large or small

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