# 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.

- Type: New facility
- Announced: 2022-12-13
- Where: Yantai, China, China
- 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
- Products: ethylene, low density polyethylene, polyolefin elastomer, 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

- [european-rubber-journal.com](https://www.european-rubber-journal.com/article/2092613/wanhua-to-start-production-at-2-5bn-chemicals-plant-in-2024), 2022-12-22: "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.