China's Levima Among Heavy Investors in EVA Technology

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Researched by Industrial Info Resources (Sugar Land, Texas)--China's Levima New Materials Company Limited is planning to build a plant in the Shandong province to produce new energy materials and biodegradable materials. The project is scheduled to start construction in 2023 and put into operation in 2025.

Output from the new facility will include 200,000 tons of ethylene-vinyl acetate (EVA). According to the announcement, the 200,000-ton/year EVA project adopts LyondellBasell Industries NV's (NYSE:LYB) (Rotterdam, Netherlands) high-pressure tubular process technology. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can read more in a detailed project report.

Industrial Info is tracking 23 active EVA projects, valued at US$5.62 billion, across China. Shandong leads the provinces in terms of spending. Subscribers can click here for a list of detailed project reports, and click here for a list of related plant profiles.

Output from the facility also will include 1.3 million tons of dimethyl ether/methanol to olefins (DMTO), 300,000 tons of propylene oxide (PO) and 50,000 tons of polypropylene carbonate (PPC), according to the announcement.

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) platform 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).