Wanhua Cracker Project
- 25 August, 2022
- Anna Larionova
Wanhua received regulatory approval for cracker project
MOSCOW (MRC) — Wanhua Chemical has obtained approval from Shandong provincial development and reform commission for its No 2 cracker with 1.2m tonne/year capacity and downstream polyolefin project at Yantai, said the company announced.
Major derivatives will include a 250,000 tonnes/year of low-density polyethylene (LDPE) plant, two polyolefin elastomer (POE) units each at 200,000 tonnes/year of capacity, a 200,000 tonne/year butadiene (BD), a 400,000 tonnes/year of aromatics extraction, and a 550,000 tonne/year cracked gasoline hydrogenation plant.
Constructions are estimated to take three years.
The timeline is not revealed.
As per MRC, Wanhua Chemical, a major petrochemical producer in China, says it will spend USD3.6 billion to build a chemical complex in Penglai, China, by 2024. The project’s centerpiece will be a propane dehydrogenation plant (PDH) with 900,000 metric tons per year of capacity. The complex will also make propylene oxide, polyether polyols, ethylene oxide, acrylic acid, polypropylene (PP), and other products.