Groundbreaking ceremony was held for the 175,000 tons/year new material industrial chain project of Daqing Hanguang Industrial Co., Ltd.

Daqing Hanguang Industrial Co., Ltd. 175,000 tons/year new material industry chain project was held on April 17, the groundbreaking ceremony. The project, with a total investment of more than 1.5 billion, is jointly funded by Jiangsu Hanguang Industrial Co., Ltd. and Daqing Wulong Industrial Co., Ltd. In the first phase of the project, MTBE cracking of 30,000 tons/year, alkyl phenol plant of 30,000 tons/year, antioxidant manufacturing of 40,000 tons/year, composite antioxidant manufacturing of 45,000 tons/year and supporting engineering, environmental protection and other facilities will be built, which is expected to be completed in June 2023.