On November 15, Hongbaoli accepted a survey from a specific audience and responded to the "Progress of Propylene Oxide (PO) Technical Transformation Project".
In the early stage, affected by local energy index policies and other factors, the progress of the PO technical transformation project was delayed. The company promptly adjusted the project scale and construction content and is accelerating the progress. It is expected that the construction will be completed in the first half of next year and the trial production license application stage will be entered in June.
Hongbaoli propylene oxide (PO) technical transformation project
On September 21, Hongbaoli released the "Announcement on the Adjustment of the Taixing Chemical Company's Propylene Oxide Expansion Project Plan". The announcement pointed out that the Taixing Chemical Company's propylene oxide expansion project originally planned to expand the annual propane oxide production capacity by 100,000 yuan. to 250,000 tons, It will be built into a domestic CHPPO propane oxide new process demonstration project with a planned investment of 240 million yuan, including a construction investment of 153.28 million yuan, and the project construction period will be 18 months.
During the process of filing the project with the government, due to the impact of the local government's "dual energy consumption control" policy, the project's energy indicators were insufficient. The company has adjusted the project expansion plan and implemented it step by step according to the energy index conditions. The first step was to change the technology to a 160,000-ton device scale, and the original planned project construction content was adjusted based on process optimization and other conditions.