Recently, Jinlin Xingyun Chemical Co.,Ltd. signed cooperation agreement with Daqing High Technology Park in Heilongjiang Province to invest 17 billion yuan for a 700,000 tons/year of PC project.
The whole project was divided into two phases. The first phase with 8.7 billion yuan of total investment, was planning to build up 240,000 tons of PC production line and 70,000 tons/year of PC/ABS production line. The project was scheduled putting into operation by July 2021.
The second phase would mainly focuse on auto and chemical industry.
Jilin Xingyun Chemical Co., Ltd. of Jilin Chemical Group Corp. is located in one of China's largest chemical cities — Jilin, covering an area of 200,000 square meters with the registered capital of RMB 3000 million, total assets of RMB 500 million , and asset-liability ratio of 25% Max. The annual value reached RMB 950 million in 2010. The Company has been in line of twelve production facilities, more than a hundred varieties of products, such as Polyethylene Catalyst, Acrylonitrile Catalyst, Dispersant, FCC Resurrection Catalyst, Hexane, MMT, Oil refining auxiliaries, Antifreezing Fluid, Lubricant Oil, Friction-reducer etc..
