With a total investment of 11.3 billion yuan, Zigong's large-scale high-end fine chemical project has landed
On June 18, Zigong City and Ruibo Group held a matching meeting and signing ceremony for electronic chemicals and supporting projects in Chengdu. The People's Government of Yan Tan District and Ruibo Group signed an investment agreement on electronic chemicals and supporting projects. The total investment of the project is 11.3 billion yuan, mainly the construction of green solvents and wet electronic chemicals and supporting projects.
The project is located in Zigong Chuangnan New Materials Chemical Park, covering an area of 1000 mu, and is divided into two phases to build green solvents and wet electronic chemicals and supporting projects. The first phase of the project plans to invest 6.5 billion yuan to build natural gas cracking production of acetic acid, methyl acetate, ethyl acetate, anhydrous ethanol, electronic grade carbonate and other devices. After full production, the total output value is expected to reach 12 billion yuan, the total profit and tax of 2 billion yuan, can create 600 new jobs. The second phase plans to invest 4.8 billion yuan, and will build production plants such as sorbate (potassium), acrylic acid and acrylic ester.
The project is the first ten-billion project signed by Zigong City this year, which will fill the gap of lithium battery materials and high-end fine chemicals in Sichuan-Chongqing region and even the western region, and inject strong impetus into Zigong City to build a new material industry cluster and build a strategic emerging industry cluster in South Sichuan and west Chongqing.
2026-10-04
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Home Appliance Consumption Moves Towards High-End Quality, Driving Home Appliance Market Upgrade
-
Focus on Five Application Scenarios Here to Build the Industrial Internet Growth Greenhouse
-
Condiment semi-annual report observation: diversification, health, high-end
-
The architectural coatings market will develop towards high-end
-
BASF increases prices for MDI in ASEAN countries
-
Trump Places Glyphosate Under the Defense Production Act, Turning Bayer from a Corporation into a “National Asset”
-
Trump Places Glyphosate Under the Defense Production Act, Turning Bayer from a Corporation into a “National Asset”
-
Dow Chemical Weighs Exit from $20 Billion Chemical Joint Venture with Saudi Aramco
-
Europe’s “Circulatory Defense”: BASF Quietly Ramps Up BDO — Not to Make Money, but to Survive
-
Covestro’s Sudden MDI Price Hike: What’s Really Rising Isn’t $220, but Pricing Power in North America’s Polyurethane Industry
Recommend Reading
-
Losses Persist, Yet Huntsman Raises Prices — A Quiet Turning Point in the MDI Cycle
-
Three-Phase Plan for 120,000 Tons! “TPU King” Zhuhai Makes Its Move—Covestro’s New Plant Signals Not Just Capacity Expansion but a Full-Scale Upgrade in the Asia-Pacific Market Battle
-
BASF Technology with CFRP Lands in Nanjing: High-Performance Dispersant Production Line Officially Commissioned
-
An Explosion Has Occurred in the Jubail Industrial City, Putting 6–8% of Global Petrochemical Production Capacity at Risk
-
$14.5 Billion Solstice–Element Solutions Merger Abruptly Terminated Less Than Two Months After Announcement
-
Rising Costs Drive Up Phosphate Market Prices in China (6.1-6.11)
-
Business Society’s Market Outlook for Caustic Soda on September 10, 2026: Downside Limited
-
Business Society’s PVC Market Outlook on September 10, 2026: Upside Limited
-
Supply at Low Levels & High Costs, PC Strengthens in Early September in China
-
Business Society’s Market Outlook for Isooctanol on September 10, 2026: Stagnation and Price Increase Alert