Xinhai Holding two new chemical materials project started

Recently, the completion ceremony of Xinhai Chemical New Materials Complex and the groundbreaking ceremony of Aokai Petrochemical high-end composite Complex were held in Hebei Xinhai Control Group Co., LTD. (hereinafter referred to as Xinhai Holdings).

With a total investment of 12.9 billion yuan, Xinhai Chemical New Materials Complex Project will promote the transformation of Xinhai Holdings into a high-quality new chemical materials base. The project includes clean fuel quality upgrading, product deep processing and comprehensive utilization, which can produce methyl tert-butyl ether, isoctane, ethane, ethylene, propane, propylene, butane, butene and other products. The project will lay a good foundation for deep processing and comprehensive utilization of chemical materials.

At the same time, Xinhai Holdings invested 16 billion yuan to start construction of Aokai Petrochemical high-end composite complex project, which will be constructed in three phases. The project will extend the asphalt deep processing industry chain to produce high-end composite materials and electrode materials.

It is reported that the completion and commencement of the new chemical materials project is of great significance to promote the local green petrochemical industry from "oil head" to "chemical tail", and accelerate the construction of high-quality new chemical materials base.