On December 8, the official website of Wuhai Municipal Development and Reform Commission announced that Inner Mongolia Sanwei New Materials Co., Ltd., a holding subsidiary of Sanwei Co., Ltd., has a 900,000 tons/year BDO and degradable plastic integrated project (II The request for instructions on measures to resolve the impact of the energy consumption intensity of the 700,000-ton project in the second phase has been reviewed by the Autonomous Region Development and Reform Commission, and the energy consumption reduction measures for the second-phase project have been clarified (the design energy consumption of the second phase is equivalent to 1.0355 million tons of standard coal, with an equivalent value of 1.3684 million tons of standard coal) ) and agreed to start construction.
At present, the main body of the BDO integrated project (Phase I) has been completed and put into trial operation. The annual output of 300,000 tons of BDO and the supporting equipment with an annual output of 360,000 tons of calcium carbide have been fully connected. The products have reached the level of high-quality products. The current market development is progressing smoothly. . After the construction of the second phase of the project is completed, the company will become a leading BDO integrated enterprise.
On October 20, Sanwei Co., Ltd. announced that its subsidiary Inner Mongolia Sanwei New Materials Co., Ltd. and the Wuhai High-tech Industrial Development Zone Management Committee signed an “Investment Cooperation Framework Agreement” and planned to invest and construct 70 units in the Wuhai High-tech Industrial Development Zone. 10,000 tons/year BDO, 500,000 tons/year degradable plastic PBAT, 240,000 tons/year high-end polyether material PTMEG, 100,000 tons/year NMP and supporting green power projects, with a total investment of 14.8 billion yuan.
The main contents of the “Investment Framework Agreement”
According to the agreement, the Management Committee of Wuhai High-tech Industrial Development Zone supports Inner Mongolia Sanwei New Materials Co., Ltd. to invest in the construction of 700,000 tons/year BDO and 500,000 tons/year degradable plastic PBAT in the low-carbon industrial park of Wuhai High-tech Industrial Development Zone. , 240,000 tons/year high-end polyether material PTMEG, 100,000 tons/year NMP, mainly producing and operating BDO, PBAT, PTMEG, NMP and other products. At the same time, the Management Committee of Wuhai High-tech Industrial Development Zone supports Inner Mongolia Sanwei New Materials Co., Ltd. to make full use of Wuhai City’s scenic advantages, invest in the construction of supporting green power projects, and create a green and low-carbon coal chemical production base. It is planned to complete the project investment and construction and put it into production before 2026.
The total investment amount is expected to be 14.8 billion yuan, including the original planned investment of 8.7 billion yuan in the second phase. This planned new investment is 6.1 billion yuan, of which 1.3 billion yuan is invested by BDO and NMP, and 4.8 billion yuan is invested in green power.
The first phase of 300,000 tons of BDO is basically completed, and the second phase will add 100,000 tons of BDO
It is worth noting that the first phase production capacity (annual production of 300,000 tons of BDO, etc.) of the 900,000 tons/year BDO and degradable plastics integrated project constructed by Sanwei Co., Ltd. in Wuhai has been basically completed.
Sanwei Shares stated that the signing of this framework agreement is to optimize and improve the planned second phase of the project based on the market environment and policy guidance. The original plan was 600,000 tons/year BDO and 500,000 tons/year degradable plastic PBAT. , 240,000 tons/year of high-end polyether material PTMEG, 100,000 tons/year of γ-butyrolactone (GBL) and 50,000 tons/year of NMP. This plan will add an annual BDO production capacity of 100,000 tons and an annual NMP production capacity of 50,000 tons. Ton. At the same time, new supporting green power production capacity will be built to meet the needs of power production.
As for the impact of the project on listed companies, Sanwei shares stated that after the project is fully completed, the company’s total BDO integrated project scale will reach 1 million tons/year BDO, 600,000 tons/year PBAT, 300,000 tons/year PTMEG, 100,000 tons /year GBL and 100,000 tons/year NMP. At the same time, the company uses Wuhai’s rich wind and solar resources to build green power production capacity and promotes the coupling of green energy and new production capacity, which is conducive to the company’s reduction of production costs, promotion of clean production, and implementation of low-carbon goals, in line with the policy of green and low-carbon development of the coal chemical industry The project will also help optimize the local ecological environment, create new jobs, and have good ecological, economic and social benefits. In the long run, it will be beneficial to enhance the company’s brand image and market competitiveness, and will be beneficial to the company’s long-term sustainable development.
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