# Wanhua Chemical gets approval for $2.58B polyolefin plant in Shandong

Wanhua Chemical Group has received approval from Shandong's development and reform commission to build a polyolefin plant costing CNY17.6 billion ($2.58 billion) in Yantai Chemical Industrial Park, Shandong. The plant will produce 1.2 million tons of ethylene annually, including 250,000 tons of low-density polyethylene and 400,000 tons of ethylene-octene copolymer (POE).

- Type: New facility
- Announced: 2022-08-23
- Where: Yantai Chemical Industrial Park, Shandong, China
- Value: $2.58B (17.6B CNY)
- Starts operating: Jun 2024
- Status: announced
- Capacity: 1.2 million tons of ethylene per year; 250,000 tons of LDPE per year; 400,000 tons of POE per year
- Products: ethylene, low-density polyethylene, ethylene-octene copolymer (POE), polyolefin intermediates
- 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

- [yicaiglobal.com](https://www.yicaiglobal.com/news/china-wanhua-gets-go-ahead-for-usd258-billion-polyolefin-project-in-shandong), 2022-08-23: "The Shandong provincial arm of China’s development and reform commission gave Wanhua permission for the project that will make 1.2 million tons of ethylene a year and polyolefin products along with various intermediates."
- [european-rubber-journal.com](https://www.european-rubber-journal.com/article/2091992/wanhua-gains-approval-for-2-5bn-chemicals-plant), 2022-09-01: "The total investment in the project is 17.6 billion yuan (€2.5 billion), which Wanhua said is subject to further approvals by the board of directors and investors."

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