# Beijing Aerospace Propulsion Institute wins POE project contract from Wanhua

Beijing Aerospace Propulsion Institute (affiliated with China Aerospace Science and Technology Corporation) signed a contract worth over CNY 10 million with Wanhua Chemical Group to supply hot medium furnaces for the Penglai POE project. Separately, Wanhua Chemical's first 200,000-tonne/year POE plant in Yantai achieved full production on June 29, 2024.

- Type: Contract
- Announced: 2024-07-04
- Where: Penglai, Shandong, China
- Value: $1.37M (10.0M CNY)
- Status: announced
- Products: hot medium furnaces, polyolefin elastomer (POE)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Wanhua Chemical](https://endata.com/companies/5042.md) (customer)
- [Beijing Aerospace Propulsion Institute](https://endata.com/companies/78431.md) (supplier)

## Sources

- [chemnews.com.cn](https://www.chemnews.com.cn/c/2024-07-04/740365.shtml), 2024-07-04: "近日，航天科技集团六院北京航天动力研究所与万华集团签订蓬莱POE（聚烯烃弹性体）项目热媒炉供货合同，合同额超千万元。"

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