Satellite chemical new project started, including PDH and other equipment

On the morning of January 3, the start of the third phase of the 10 billion project of satellite energy and the departure ceremony of the "big grasp project" in Pinghu City were held in Dushan Port Economic Development Zone. This also sounded the clarion call and rallying call for Pinghu City to grasp projects and fight for the economy.

Zhejiang Satellite Energy Co., Ltd. started this time with an annual output of 40,000 tons of hydrogen, 900,000 tons of propylene, 800,000 tons of polycarbonate, 80,000 tons of neopentyl glycol chemical new materials and hydrogen energy utilization integration project (referred to as Zhejiang Satellite Energy Co., Ltd. new energy and new materials integration project), with a total land of about 496 mu and a total investment of about 10.2 billion yuan, mainly constructing PDH, polycarbonate, neopentyl glycol, supporting air separation, syngas equipment, syngas purification and other process devices, as well as storage and transportation engineering, public works, Ancillary engineering, service engineering and off-site engineering. After the project reaches production, it is expected that the annual output value will be 15.6 billion yuan, the annual profit will exceed 2 billion yuan, the annual tax revenue will be more than 1 billion yuan, the average investment per mu will be 17 million yuan, and the average tax per mu will exceed 2 million yuan. Kou Liang, executive deputy general manager of Zhejiang Satellite Energy Co., Ltd., introduced to reporters that the construction of the project will effectively solve the problem of supporting upstream and downstream raw materials in the three industrial chains of satellite energy, improve the integration of the industrial chain, create a green and low-carbon new material industrial chain, and form an industrial cluster.