Deepen cooperation! Shanghai Research Institute of Chemical Industry and Guangxi Huayi New Materials signed a cooperation agreement

On the morning of October 10, the strategic cooperation signing ceremony between Shanghai Research Institute of Chemical Industry Co., Ltd. and Guangxi Huayi New Materials Co., Ltd. was successfully held at Huayi Qinzhou Chemical New Materials Integrated Base.

According to the agreement, the two parties will explore the establishment of a collaborative mechanism for industrialization project cooperation and technological support services, jointly promote the extension of the group’s new materials and other industrial chain and the development of advanced industrial technology, and jointly promote the existing core product chain and industrial chain Scientific and technological progress and industrial upgrading.

Progress of key cooperation projects

Projects that have been put into production: Huayi Qinzhou Chemical New Materials Integrated Base Phase I (C1C2 energy and chemical industry chain), Phase II (propylene and downstream deep processing, caustic soda and polyvinyl chloride) projects

Projects under construction: Phase III of the integrated base (led by methanol to olefins, including EVA and other olefin downstream materials) project

Developing propylene and downstream deep processing industry chain

The achievement of this strategic cooperation will further promote the in-depth development of the cooperation between the two institutions and enterprises, promote the group’s technological improvement and the sustainable innovation and development of Guangxi New Materials in propylene and downstream deep processing industry chains.

On September 14, Shanghai Research Institute of Chemical Industry Co., Ltd. (Huayi Group Central Research Institute) and Shanghai Huayi New Materials Co., Ltd. signed a cooperation agreement. The conclusion of this strategic cooperation will further promote the in-depth development of cooperation between the two institutions and enterprises and help Shanghai New materials are accelerating their extension to the downstream of the industrial chain such as acrylic resin.

Overview of Shanghai Huayi’s 320,000 tons/year acrylic acid and ester project:

In 2015, Shanghai Huayi New Materials Co., Ltd. was established and established a production base in the Shanghai Chemical Industry Zone. The construction includes: 320,000 tons/year acrylic acid, 320,000 tons/year butyl acrylate, 84,000 tons/year ice crystal acrylic acid, 60,000 tons/year Tons/year of methyl/ethyl acrylate, 60,000 tons/year of isooctyl acrylate, 100,000 tons/year of super absorbent resin (SAP) and 1,200 tons/year of catalysts make the production capacity of acrylic acid and esters the largest in the country. Top three in the industry.

In 2017, the first phase of the 320,000 tons/year acrylic acid and ester project was put into operation.

In August 2023, Shanghai Huayi New Materials Co., Ltd. held the launch meeting of the Shanghai Chemical Industry Zone’s 320,000 tons/year acrylic acid and ester project-100,000 tons/year super absorbent resin (SAP) phase II project.

Overview of Huayi Qinzhou Chemical New Materials Integrated Base Project

Huayi Qinzhou Integrated Base is currently the largest single investment industrial project in Guangxi. It is the largest industrial project that Guangxi has undertaken to transfer industries from the east in recent years. It is also a “Shanghai-Guangxi Cooperation” demonstration project jointly created by Shanghai and Guangxi to deepen cooperation. The total investment Approximately 90 billion yuan, covering the four major industrial chains of modern coal chemical industry, light hydrocarbon cracking, salt chemical industry, and downstream petrochemical industry, and will be implemented in three phases.

Huayi Phase I: Completed and put into operation in June 2021, it will fill the gap in industrial gases in the park and produce chemical products such as methanol, acetic acid, and ethylene glycol;

Huayi Phase II: 750,000 tons/year propylene and downstream deep processing integration project, with a total investment of 12.8 billion yuan. In December 2022, the 400,000 tons/year acrylic acid and ester unit and the 300,000 tons/year butanol unit will be put into operation first; In January 2023, the first batch of products rolled off the production line; in February 2023, the 750,000 tons/year propane dehydrogenation unit was successfully put into operation; in March 2023, the 280,000 tons/year phenol acetone unit and the 200,000 tons/year bisphenol A The devices were put into production one after another, and the whole process of the project was successfully completed.

Huayi Phase III projects include:

Guangxi Huayi New Materials Co., Ltd.’s 20,000 tons/year polymerization inhibitor project;

Guangxi Huayi New Materials Co., Ltd.’s 200,000 tons/year bisphenol A epoxy resin project;

Guangxi Huayi New Materials Co., Ltd.’s 38,000 tons/year special epoxy and silicone new material project;

Guangxi Huayi New Materials Co., Ltd. PBAT supporting 1,4-butanediol project: total construction scale of 320,000 tons/year maleic anhydride and 200,000 tons/year 1,4-butanediol, implemented in two phases, one and two The construction scale of each stage is 160,000 tons/year maleic anhydride and 100,000 tons/year 1,4-butanediol. Investment: 5.876 billion yuan. The filing has been completed and site selection opinions have been obtained.

Biodegradable materials project of Guangxi Huayi New Materials Co., Ltd.: Construction of 300,000 tons/year PBAT (first phase 60,000 tons/year, second phase 240,000 tons/year) production equipment with a total investment of 1.991 billion yuan. The filing has been completed and site selection opinions have been obtained.

Guangxi Huayi Chlor-Alkali Chemical Co., Ltd. Huayi Qinzhou Chemical New Materials Integrated Base Phase III Polyurethane Industry Supporting and Waste Salt Recycling Project;

Guangxi Huayi Energy and Chemical Co., Ltd. methanol-to-olefins and downstream deep processing integration project: construction of 1 million tons/year methanol-to-olefins, 300,000 tons/year vinyl acetate, and 200,000 tons/year tubular EVA units, the second phase of construction is 10 10,000 tons/year kettle-type EVA device, as well as supporting public and auxiliary facilities. Investment: 11.824 billion yuan. The project started on March 28.

Guangxi Huayi Chlor-Alkali Chemical Co., Ltd. Huayi Qinzhou Chemical New Materials Integration Base Phase III hydrogen peroxide process propylene oxide (HPPO) and polyether polyol integration project.

The eight preliminary projects have a total investment of approximately 31 billion yuan and a construction period of 2023-2026.