China Longjiang Chemical Expects to Produce Qualified Products of Phenol and Acetone by the End of November

This year, Daqing City in Heilongjiang Province, China, regards the construction of major projects as a "power source" to promote high-quality development of the real economy.

China Longjiang Chemical's polycarbonate joint project was handed over on August 30.At present, various pre-production work such as feeding and operation are being stepped up. After nearly 21 months of hard work, this project is expected to produce qualified phenol acetone products before the end of this month and qualified bisphenol A products in the middle of next month.

Jun Deng, deputy general manager of Longjiang Chemical Co., Ltd., said that after nearly 21 months of hard work, the first-phase project will be able to produce qualified phenol and acetone products by the end of this month. After the first phase of the project is put into operation, it is expected to achieve an output value of more than 3.2 billion yuan and a profit and tax of more than 600 million yuan in 2024.

The second phase of the project is already being actively planned and promoted and is expected to start smoothly next year. The second phase of the project is expected to be put into production by the end of 2026. After both phases of the project are put into operation, it is expected to achieve an output value of more than 6 billion yuan, and profits and taxes of more than 1 billion yuan.

This project uses propylene and toluene as raw materials to create a full industrial chain of "phenol/acetone-bisphenol A-polycarbonate". The downstream polycarbonate can be widely used in electronics, automobiles, medical equipment and other fields. The total investment in the project is approximately 7 billion yuan. The first phase plans to invest 3.5 billion yuan to build three units with an annual output of 200,000 tons of pure benzene, 350,000 tons of phenol acetone, and 200,000 tons of bisphenol A.

After the project is completed, it will further extend the industrial chain, increase the added value of products, effectively promote regional economic development, and make a positive contribution to the construction of a modern industrial system in Heilongjiang Province, China.