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Researched by Industrial Info Resources (Sugar Land, Texas)--In early 2013, Inner Mongolia Connell Chemical Company announced plans to invest US$852 million to build a 300,000 ton-per-year ethylene glycol project. The project then stalled due to various factors and ceased construction in 2016.
In 2022, with the assistance of the Inner Mongolia government, Connell Chemical Industry went through bankruptcy and reorganization procedures and restarted the ethylene glycol project. The replanned Connell project will be constructed in three phases, with an investment of US$4 billion.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing project and plant databases can click here for the project report and click here for the related plant profile.
Industrial Info is tracking 46 active ethylene glycol projects, valued at $17.25 billion, across China. Guizhou and Xinjiang are the top two provinces in terms of spending. Subscribers can click here for the list of project reports.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).
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