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Released July 27, 2021 | beijing
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Researched by Industrial Info Resources (Sugar Land, Texas)--Fujian Petrochemical Group's 260,000-ton-per-year phthalic anhydride project is the world's largest in terms of designed capacity. The project is located in Zhangzhou City, Fujian Province, and is valued at $132 million. The plant is scheduled to be commissioned later this year.

According to news media, China was the largest consumer of phthalic anhydride in 2020. The main markets for phthalic anhydride are phthalate plasticizers, unsaturated polyester resins and alkyd resins for surface coatings.

Industrial Info is tracking 16 active capital phthalic anhydride projects in China, with a total investment value of $580 million. Fujian Province leads in terms of spending. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Database can click here for a list.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.

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