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Wanhua Chemical to start €2.5B polyolefins plant in Yantai by Oct 2024 · Endata

◂ Announcements

Specialty Chemicalsworld trade 2024+2.3% 5Y CAGR

Plastics and Polymersworld trade 2024+3.9% 5Y CAGR

Dec 13, 2022NEW FACILITYYantai, China, China

Wanhua Chemical to start €2.5B polyolefins plant in Yantai by Oct 2024

Wanhua Chemical Group announced its €2.5 billion chemicals plant in Yantai, China will start production by October 2024. The facility will produce 1.2 million tonnes per year of ethylene and downstream high-end polyolefin products.

Value

$2.65B (2.50B EUR)

Starts operating

Oct 2024

Status

Under construction

Capacity

1.2 million tonnes per year of ethylene; 250 ktpa LDPE; 200 ktpa POE; 200 ktpa butadiene

Productsethylenelow density polyethylenepolyolefin elastomerbutadiene

CompaniesWanhua Chemical

Sectors#Specialty Chemicals #Plastics and Polymers

“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.”european-rubber-journal.com

1 source
european-rubber-journal.comWanhua to start production at €2.5bn chemicals plant in 2024 | European Rubber JournalDec 22, 2022

Summarized from public sources; check the original articles before acting on it.

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Sep 21, 2023NEW FACILITYYantai Industrial Park, Yantai, Chinaops 19 Sep 2023
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Sep 19, 2023PARTNERSHIPYantai Industrial Park, China
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