MDI Plant in China
Shanghai-Cangzhou Coastal-port Economic and Technological Development Zone and Jilin Connell Chemical Industry Co. Ltd formally signed an agreement recently on the building of a 800 kt/year MDI facility in Bohai New District, Hebei province, China.
It is heard that the total investment of the project will reach RMB 7.57 billion, occupying an area of 1,830 mu (about 122 hectares). As the key part of PU chain in the development zone, this project could take advantage of nearby resources (including coal gasification plant of Cangzhou Zhengyuan Fertilizer, caustic soda facility of Cangzhou Dahua, etc) to cut its cost by estimated RMB 2 billion and could form a circulating economy chain by cooperating with other companies in the zone after the project is completed.
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