Jiaxing 1.8 million tons of methanol to olefin project started

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According to Jiaxing Daily, on October 18th, Zhejiang Xingxing New Energy's 1.8 million tons methanol-to-olefins project was formally started in Jiaxing Port Area. According to reports, the total investment in methanol to olefins projects is 6 billion yuan, and the first phase investment is 3.2 billion yuan. The project covers an area of ​​633 acres and is implemented in two phases. Among them, a set of 1.8 million tons / year methanol production of 600,000 tons / year olefins, 90,000 tons / year olefin conversion unit and sewage treatment plant, the total substation, circulating water, tanks and other public facilities. After the project is completed and put into production, annual sales income of 15 billion yuan can be realized, and annual profits and taxes will increase by 2.5 billion yuan.

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