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SP olefin project, a landmark project of Taizhou
updated on :2019-07-18 08:55

SP olefin project is a light hydrocarbon comprehensive utilization project with an annual output of 1.1 million tons and a total investment of 5.5 billion yuan. After delivery, it can produce 650,000 tons of ethylene, 120,000 tons of propylene, 14,500 tons of hydrogen, 45,000 tons of C4, 30,000 tons of methane and 45,000 tons of pyrolysis gasoline.


The project started construction in June 2016, and is currently undergoing trials to get through all links of the system. The project is scheduled to be put into operation formally in August this year. The annual sales revenue and the annual tax revenue are expected to increase by 10 billion yuan and 800 million yuan respectively.


The olefin project is not only a landmark project symbolizing the industrial transformation and upgrading of Taizhou, especially of Taixing economic development zone, but also a landmark project of environmental management and risk management, and a landmark project of high-quality development along the Yangtze River economic belt.


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