On December 8, Huasu Co., Ltd. stated on the interactive platform that according to the project construction situation, the company’s PBAT project with an annual output of 120,000 tons is expected to be completed by the end of 2024. Each enterprise has different raw material supply, technical level, scale effect, etc., and the break-even point is also different. With the further introduction of policies such as the “Plastic Restriction Order”, technological progress, and the improvement of environmental protection concepts, there is a large market space for the degradable plastic industry.
Project Progress
On November 17, 2022, the signing ceremony of the EPCT general contract contract for Anhui Huasu Co., Ltd.’s product structure adjustment integration project with an annual output of 120,000 tons of biodegradable new materials was held at Donghua Technology.
At 9:28 am on May 26, 2023, the civil engineering project of Anhui Huasu Co., Ltd.’s public works and supporting auxiliary facilities optimization and renovation project, which was contracted by Donghua Technology, officially started.
On July 31, 2023, the polymerization device of the 120,000-ton biodegradable new material PBAT project of Anhui Huasu Co., Ltd.’s product structure adjustment integration project, which was constructed by China Chemical Engineering Sixth Construction Co., Ltd. Beijing Branch, was successfully capped.
On August 31, 2023, the first equipment of Huasu Co., Ltd.’s product structure adjustment integrated project with an annual output of 120,000 tons of biodegradable new materials, which was contracted by Donghua Engineering Technology Co., Ltd., was successfully hoisted into place, marking the The project has entered the peak period of installation and construction.
Huasu Co., Ltd.’s product structure adjustment integrated project with an annual output of 120,000 tons of biodegradable new materials project
The integrated product structure adjustment project of Huasu Co., Ltd. has an annual output of 120,000 tons of biodegradable new materials, covering an area of approximately 392 acres, with a total investment of 2.37 billion yuan. After the project is completed, it can achieve annual sales revenue of approximately 2.569 billion yuan, with an average annual total profit and tax of more than 500 million yuan. It is a key project for the integration of product structure adjustment and transformation of Anhui Huasu Co., Ltd. during the “14th Five-Year Plan” period. Relying on the acetylene resources of Huasu Co., Ltd., we focus on the development of acetylene chemical industry, obtain methanol and hydrogen through strategic cooperation with park enterprises, transform resource advantages into industrial scale advantages and park economic advantages, further enhance the market competitiveness of enterprises, achieve diversification, and promote local economy Higher quality development.
Construction unit: Anhui Huasu Co., Ltd.
Construction location: Reserved land in the northwest corner of the existing factory of Anhui Huasu Co., Ltd.
Type of construction: new construction
Construction content: Using advanced modified acetylenic aldehyde process to produce biodegradable plastic products using acetylene, methanol, hydrogen, etc. as raw and auxiliary materials
PBAT. After the project is completed and put into operation, Huasu Company will implement integrated product structure adjustment by reducing the actual output of acetylene downstream products vinyl chloride and PVC, that is, reducing the existing PVC output from 640,000 tons/year to
590,000 tons/year;
Plant production capacity: 160,000 t/a formaldehyde plant (based on 55wt% formaldehyde), 100,000 t/a BDO plant and 120,000 t/a PBAT plant
Total investment: Total project investment is 2,373,669,200 yuan
Construction period: 24 months construction period
Contents of the proposed project: The proposed project consists of the main project, auxiliary projects, environmental protection projects and office facilities, mainly including BDO equipment, PBAT equipment, formaldehyde equipment, THF
Recycling device, raw material warehouse, packaging unit and finished product warehouse, central control room, tank area, sewage treatment device, torch, etc.
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