Approved by the Jiangsu Provincial Development and Reform Commission, the joint chemical phthalic anhydride project with a total investment of 99.98 million U.S. dollars has officially settled in Jiangsu Taixing Economic Development Zone.
Liancheng Chemical phthalic anhydride project has a construction period of two years. After completion and production, it can produce 120,000 tons/year of phthalic anhydride, 240,000 tons/year of PVC plasticizers and additive products, and 6000 tons/year of fumaric acid production capacity. This project adopts Liancheng's own technology and owns independent intellectual property rights. It forms an upstream and downstream industrial chain with Xinpu Chemicals, which has already settled in the area, and Akzo, the Netherlands.
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