# Zhejiang Petrochemical plans 19.2B yuan high-performance resin project in China

Rongsheng Petrochemical announced that its subsidiary Zhejiang Petrochemical plans to invest 19.2 billion yuan to build a high-performance resin project in China. The project will produce LDPE/EVA, PMMA, ABS and other resins.

- Type: Investment
- Announced: 2022-08-17
- Where: Yinong Town, Zhejiang, China
- Value: $2.80B (19.2B CNY)
- Starts operating: 2024
- Status: announced
- Capacity: 30万吨/年LDPE/EVA, 10万吨/年EVA, 40万吨/年LDPE, 20万吨/年DMC, 3×6万吨/年PMMA, 120万吨/年ABS
- Products: LDPE/EVA, PMMA, ABS, DMC
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Zhejiang Petrochemical](https://endata.com/companies/4158.md)
- [Rongsheng Petrochemical](https://endata.com/companies/42219.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/773140.html), 2022-08-17: "浙石化拟投资建设高性能树脂项目，项目预计总投资192亿元。"
- [industrialinfo.com](https://www.industrialinfo.com/news/article/chinas-rongsheng-petrochemical-moves-on-resins-projects--314216), 2022-09-14: "The project is an extension of its refining units, which include 400,000 tons per year of ethylene-vinyl acetate (EVA), 200,000 tons per year of demethyl carbonate (DMC) and 1.2 million tons per year of acrylonitrile butadiene styrene (ABS) resin."

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