Wison (China) Holding Company and Tianjin Development Zone Administrative Committee officially entered into an 'Investment and Cooperation Agreement on Light Hydrocarbons Comprehensive Utilization Project' at the Investment Service Center of Tianjin Development Zone. Phase 1 of the project has investment at around 15 billion yuan and an area of about 1.7 million m2, mainly including 1 million tpy light hydrocarbons cracking unit, downstream units for high density polyethylene (HDPE), linear low density polyethylene (LLDPE), acrylonitrile, and butadiene, as well as supporting utilities and auxiliary production facilities.
By leveraging its proprietary and internationally advanced process technology, cheap and abundant light hydrocarbon (LPG) is used as the feedstock to produce basic chemical raw materials such as ethylene and propylene, and high-end chemicals such as polyethylene and acrylonitrile to meet the growing domestic and international high-end market demands. In addition, a truly smart demonstration plant will be built with Wison’s comprehensive advantage in digital design and chemical Big Data.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/03012019/wison-group-sign-project-in-tianjin/