Red Pola Baoli plans to set upsubsidiaries to build propylene oxide industry chain

On February 28, HongPola Baoli released the "Announcement on joint investment and establishment of subsidiaries and related transactions", saying that it will invest and establish Nanjing Dicheng New Material Science and Technology Co., LTD., together with its affiliated parties, to carry out technical research and development cooperation in C2, C3 series products and derivatives.

Hongpola Baoli is committed to building an industrial chain of epoxy-polyether, alcoholamine and derivatives, and has built an epoxide industrial base in Jiangsu Taixing Economic Development Zone, with an annual production capacity of 100,000 tons of CHPPO epoxide. In order to meet the development needs, improve the operation efficiency of the plant and achieve scale effect, HongPola Baoli is upgrading the existing propylene oxide production plant, constructing the "propylene oxide expansion project", optimizing the production process and expanding the capacity of propylene oxide.