Recently, Gansu Qingyang Xifeng District government and Zhejiang Changhong Biological Materials Co., LTD officially signed the "Investment Agreement of Qingyang Natural Gas Deep Processing Project", marking the total investment of 11.2 billion yuan of natural gas deep processing project officially settled in Qingyang City.

Natural gas deep processing project

It is reported that the project is Qingyang City Longdong comprehensive energy and chemical base construction project, located in Xifeng Industrial Park, net land of about 1385 mu, including 4× 50,000 tons/year acetylene device, 6× 240,000 tons/year formaldehyde device, 4× 150,000 tons/year BDO device, 2× 150,000 tons/year PBAT device and supporting public and auxiliary facilities, With scattered natural gas as raw material, BDO products and PBAT or PBT products will be produced by alkynyl method in two phases and four times, with a total construction period of 8 years. Among them, the first phase (2023-2027) total investment of 6 billion yuan, the first investment of 3 billion yuan, the construction of an annual output of 150,000 tons of BDO and boiler utility projects, the second investment of 3 billion yuan, the construction of an annual output of 150,000 tons of BDO, 150,000 tons of PBAT projects; The second phase (2027-2031) has a total investment of 5.2 billion yuan. The first investment is 3 billion yuan to construct BDO projects with an annual output of 150,000 tons, PBAT projects with an annual output of 150,000 tons and public works. The second investment is 2.2 billion yuan to construct BDO projects with an annual output of 150,000 tons and public works.

In the future, after the completion of the project, it will play an important role in promoting the local conversion and utilization of resources in Qingyang City and extending the fine chemical industry chain. Editor/He Yuting