# Wanhua Chemical plans $2.67B petrochemical project in Yantai

Wanhua Chemical Group is planning to invest CNY 17.7 billion ($2.67 billion) in a new petrochemical project in Yantai, China. The project includes a steam cracker with 1 million tons/year ethylene capacity and a derivatives complex producing LLDPE, PVC, EO, PO, styrene, and butadiene.

- Type: Investment
- Announced: 2017-10-27
- Where: Yantai, China, China
- Value: $2.67B (17.7B CNY)
- Status: announced
- Capacity: 1 million tons/year ethylene; 450,000 tons/year LLDPE; 400,000 tons/year PVC; 150,000 tons/year EO; 300,000 tons/year PO; 650,000 tons/year styrene; 50,000 tons/year butadiene
- Products: ethylene, LLDPE, PVC, ethylene oxide, propylene oxide, styrene, butadiene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Wanhua Chemical](https://endata.com/companies/5042.md)

## Sources

- [commoplast.com](https://commoplast.com/news/details/3446/English/), 2017-10-27: "Wanhua Chemical Group (Yantai, China) is planning to invest CNY17.7 billion ($2.67 billion) for its new project in Yantai, China."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.