A few days ago, Taiwan Liancheng Chemical Technology Co., Ltd. signed a contract with Liaoyang National High-tech Zone, and will invest more than US$600 million to build a Liancheng Industrial Park at the aromatics base in the High-tech Zone.
Among them, the first-phase project will invest 270 million U.S. dollars and occupy an area of ​​900 acres. It will build an annual output of 140,000 tons of phthalic anhydride, 240,000 tons of plasticizer, 50,000 tons of unsaturated resin, 60,000 tons of maleic anhydride and downstream products, etc.; Construction of phenol, acetone, bisphenol A, epoxy resin, etc. will be carried out.
It is understood that after the signing of the contract, Taiwan Union Chemical Technology Co., Ltd. will start the establishment of Liaoyang aromatic hydrocarbon base Liaoyang Liancheng Chemical Industry Co., Ltd., Liaoyang Liancheng Materials Co., Ltd. two wholly-owned subsidiaries. The project will be completed and put into operation by the end of 2013, which will enable Liaoyang Petrochemical Company to process all the local processing and utilization of ortho-xylene resources. By then, Liaoyang Aromatic Base will become the largest phthalic anhydride and plasticizer production base in Northeast China and North China.
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