Shanghai Firm Building Coal-Chemical Industrial Park in Anhui

---

Researched by Industrial Info Resources (Sugar Land, Texas)--Shanghai Huayi (Group) Company (Shanghai) recently began to build the Wuwei Industrial Park in Anhui Province. The company plans to invest about $4 billion in the industrial park, which had been planned for decades to be a first-class, coal-based multiproduct fine chemical base with coal-gas conversion as the main business and self-owned intelligence rights as the main feature. Shanghai Huayi has set up a coal-production base in the Inner Mongolia Autonomous Region to provide raw material for the project.

The major part of civil engineering will start in September in Wuwei County of Chaohu City. In the first phase of construction, which is scheduled to end in 2011, Huayi plans to invest $863 million to build a 2.4 million-ton-per-annum (TPA) coking unit, a 600,000-TPA methanol unit and related construction. Reports state that the company will move the Shanghai coking factory to the industrial park.

In future construction, Huayi will add a 400,000-TPA acetate acid unit and will produce carbon monoxide, carbon dioxide and other related products.

The industrial park will cover 11.48 square kilometers of which the Huayi project covers 5.5 square kilometers.

Shanghai Huayi is a large enterprise established through the reorganization of assets with the authority of the State Assets Administrative Committee of Shanghai's government. Huayi's products include fundamental chemicals, rubber and plastic products, chemical reagent, bio-chemicals, chemical equipment and others.

Industrial Info Resources (IIR) is the leading marketing information services company for the industrial process, heavy manufacturing and energy-related markets throughout the world. Celebrating its 25th anniversary, IIR provides accurate and timely intelligence featuring plant and project information databases, focused market databases, industry forecasting, key industry contacts, industry and territorial map products, direct marketing services and applications, and daily industry news.