Wanhua Chemical's Penglai PDH Plant Set to Open in 2024

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Researched by Industrial Info Resources (Sugar Land, Texas)--Wanhua Chemical Group (Beijing, China) recently cemented the Shandong province's Penglai district as its fifth site for propane dehydrogenation (PDH) production, following Yantai, Fuqing, Ningbo and Meishan. The project is expected to have an investment value of US$18.5 billion.

The US$4.6 billion Phase I involves constructing a 900,000-ton-per-year PDH unit and supporting units for propylene oxide, ethylene oxide, polypropylene, acrylic acid and ethylene oxide derivatives.

Wanhua also is planning a 900,000-ton-per-year PDH project in the Fujian province's Fuqing. The Penglai and Fuqing sites are licensed to use Lummus Technology LLC's (Houston, Texas) services. After both projects begin operations, Wanhua Chemical's PDH production capacity could reach up to 2.55 million tons per year.

Industrial Info is tracking 46 active PDH projects, valued at US$26.69 billion, across China. Jiangsu, Shandong and Zhejiang are the top three provinces in terms of spending. Subscribers to Industrial Info's Global Market Intelligene (GMI) Chemical Processing Project Database can click here for a list of detailed project reports, and can click here for a list of related plant profiles.

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).