Invest 1.1 billion! The integrated project with an annual output of 240,000 tons of Luxi Chemical is about
to start construction
2023.07.12
Recently, Liaocheng High-tech Industrial Development Zone issued an announcement on the approval of the
environmental impact assessment documents of the 240,000 tons/year ethylene downstream integration project
of Luxi Chemical.
According to the EIA documents, the main construction contents of the project are as follows.
Project name: 240,000 tons/year ethylene downstream integration project;
Construction nature: newly built;
Construction unit: Luxi Chemical Group Co., Ltd.;
Project investment: 1,186,219,900 yuan, including 355,866,000 yuan for the first phase project and
830,353,900 yuan for the second phase project;
Construction site: Liaocheng Chemical Industrial Park, Liaocheng Economic Development Zone, covering a total
area of 62,000 square meters, of which the first phase project covers an area of 21,000 square meters, and
the second phase project covers an area of 41,000 square meters;
Construction period: 48 months, 24 months for the first phase of the project, construction started in August
2019, completed in August 2021, 24 months for the second phase, expected to start construction in August
2021, and expected to complete in August 2023.
Construction content and composition: This project will be constructed in two phases. The first phase will
be the construction of a 120,000-ton/year n-propionaldehyde plant, 80,000 tons/year of n-propanol plant and
40,000 tons/year of propionic acid plant. 120,000 tons/year n-propionaldehyde plant, 80,000 tons/year
n-propanol plant, 40,000 tons/year propionic acid plant and 80,000 tons/year propyl acetate plant, including
the construction of ethylene purifiers, syngas Purifier, formylation reaction kettle, propionaldehyde
rectification tower, tail gas absorption tower, tail gas analysis tower, tail gas rectification tower,
propionaldehyde hydrogenation reactor, propanol light removal tower, propanol weight removal tower,
propionic acid reaction device, absorption tower, propionic acid distillation tower, RCO and other
equipment, supporting the construction of propionaldehyde finished product tank, propanol finished product
tank, propionic acid finished product tank, propyl acetate finished product tank, acetic acid raw material
tank, propionaldehyde intermediate tank, propanol intermediate tank, propionic acid intermediate tank,
propyl acetate intermediate tank, catalyst tank, waste liquid tank, refrigeration unit, etc.
14.034 billion yuan! Luxi plans to build projects such as caprolactam and ethylene downstream
integration
As early as December 24, 2020, Luxi Chemical announced that the company plans to further extend, supplement
and strengthen the chain, and continuously develop high-tech, high value-added, high-tech, low-energy
products, relying on the integration and intensification of the park , park, intelligent and engineering
advantages, plans to invest in the construction of 600,000 tons/year caprolactam nylon 6 project, 1.2
million tons/year bisphenol A project, 240,000 tons/year ethylene downstream integration project,
implemented in stages , and continue to improve the industrial layout of the park.
01. 600,000 tons/year caprolactam nylon 6 project
The 600,000 tons/year caprolactam · nylon 6 project mainly includes: caprolactam, nylon 6 and supporting
production facilities and public works and other auxiliary facilities. The total investment is expected to
be 6.461 billion yuan, which will be implemented step by step. The monetary funds used in the construction
are mainly raised by the company, bank loans and other financing methods to ensure the smooth implementation
of the project construction. After the project is completed and put into operation, 600,000 tons/year of
caprolactam, 600,000 tons/year of nylon 6 and supporting products can be added.
The company's existing caprolactam and nylon 6 production equipment has maintained safe and stable operation
since it was put into operation. The unit product consumption and product quality have reached the domestic
advanced level, and the technology is mature and reliable. The company continues to optimize and improve on
the basis of the existing equipment operation. To expand the scale of advantageous products, it is planned
to continue to invest in the construction of this project.
02. 1.2 million tons/year bisphenol A project
The 1.2 million tons/year bisphenol A project is expected to have a total investment of 6.387 billion yuan
and will be implemented step by step. The monetary funds used in the project construction are mainly raised
through the company's self-raising, bank loans and other financing to ensure the smooth implementation of
the project construction. After the project is completed and put into operation, it can provide stable raw
materials for the company's existing polycarbonate plant, reduce the amount of outsourcing, reduce the
transportation cost and safety risk of raw material procurement, and improve profitability.
03. 240,000 tons/year ethylene downstream integration project
The 240,000 tons/year ethylene downstream integration project is expected to have a total investment of
1.186 billion yuan and will be implemented step by step. The monetary funds used in the project construction
are mainly through the company's self-raising, bank loans and other financing methods to ensure the smooth
implementation of the project construction. This project is a downstream extension project of the company's
existing ethylene products. After the project is completed and put into operation, high value-added products
such as propanol, propionic acid and propionaldehyde can be added to further enrich the industrial chain of
the park.
The current production capacity of Luxi Chemical involves three major fields: new chemical materials, basic
chemical products, and fertilizer products. It mainly includes new chemical materials (200,000 tons of
caprolactam, 200,000 tons of nylon 6, 200,000 tons of polycarbonate), basic chemical products (400,000 tons
of caustic soda, 750,000 tons of butanol, 220,000 tons of methane chloride, 400,000 tons of tons of formic
acid, 100,000 tons of sodium formate, etc.), fertilizer products (900,000 tons of urea, 1.7 million tons of
compound fertilizer).