New Feng Ming PTA Project Can Advance In An Orderly Way.

To develop upstream PTA petrochemical industry and build an industrial chain integrating refinery, petrochemical and polyester filament production, it has become an important development trend of polyester fiber industry.

A few days ago, new Feng Ming announced that the Dushan energy PTA project has made important progress. The first phase of the project has entered the stage of large equipment lifting and installation. The two phase of construction has been included in the pre selection list of major industrial projects in Zhejiang province.

Statistics show that Dushan energy is a wholly owned subsidiary of Huzhou investment in science and technology, founded in November 2016, with a registered capital of 120 million yuan.

The company is located in the chemical industrial park of Zhejiang Dushan port economic development zone. Its main business scope is the production and sale of PTA, the sale of chemical products and chemical raw materials, and the import and export business of various commodities and technologies.

It is reported that Dushan's energy PTA project is divided into 2 phases, with a scale of 2 million 200 thousand tons / year, with a total investment of 7 billion yuan and a total of more than 800 mu of land.

The total investment of the first phase project is 4 billion yuan, including 3 billion 760 million yuan of investment in fixed assets, 513 mu of newly built construction sites, 167579.8 square meters of newly built PTA installations, control rooms and other buildings, and 20 sets of imported air handling units, including imported equipment and supporting domestic equipment and utility facilities. BP green and intelligent PTA production technology are adopted to form an annual production capacity of PTA 2 million 200 thousand tons.

At present, the first phase of the project is pushed forward according to the construction plan, and the civil engineering has been completed and delivered. The 1BT-232 second dehydration tower, 1CD-310 oxidation first crystallizer and other large equipment have been installed on site and are scheduled to be put into operation in the three quarter of 2019.

The total investment of the PTA phase two project is 3 billion 200 million yuan, of which 2 billion 960 million yuan is fixed assets (including foreign exchange $80 million 400 thousand).

The project intends to levy 357.58 mu of new construction land, build 132621 square meters of new PTA installations, R & D buildings and other buildings, and import 20 sets of imported equipment such as process air compressor units, and purchase utility facilities such as oxidation reactor and domestic desalting water treatment system, circulating cooling water system, etc., and adopt the industry-leading BP green and intelligent PTA production technology.

The two phase project has been listed by the Zhejiang provincial development and Reform Commission (NDRC) in 2018. The list of major industrial pre selection projects (second batches) has been listed.

The project started construction in the first half of 2019 and completed and commissioned in the three quarter of 2020.

The project approval work will be carried out in an orderly way according to plan. After the commissioning, the PTA production capacity of 2 million 200 thousand tons per year will be formed.