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Handsome Chemical Announces the Start of a 500,000-Ton Ethyl Acetate and 100,000-Ton Electronic Grade Ethyl Acetate Project in Jingmen City, Hubei Province

  • Categories:Group news
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  • Time of issue:2023-12-27 10:31

(Summary description)In December 2023, the board of directors of Qianxin Handsome Chemical unanimously approved the start of a 500,000-ton ethyl acetate and 100,000-ton electronic grade ethyl acetate project in Jingmen, Hubei Province.

[Top]

Handsome Chemical Announces the Start of a 500,000-Ton Ethyl Acetate and 100,000-Ton Electronic Grade Ethyl Acetate Project in Jingmen City, Hubei Province

(Summary description)In December 2023, the board of directors of Qianxin Handsome Chemical unanimously approved the start of a 500,000-ton ethyl acetate and 100,000-ton electronic grade ethyl acetate project in Jingmen, Hubei Province.

  • Categories:Group news
  • Author:
  • Origin:
  • Time of issue:2023-12-27 10:31
  • Views:
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In December 2023, the Handsome Chemical Board unanimously approved the start of the 500,000 tons of acetic ester and 100,000 tons of electronic grade acetic acid ester project in Jingmen City, Hubei Province. The project includes 180,000 tons of acetic acid ester, 100,000 tons of electronic grade acetic acid ester, 100,000 tons of butyl acetate, 120,000 tons of N-propyl acetate, and 100,000 tons of methyl acetate. The project is expected to be fully operational by mid-2025. Handsome Chemical Group invested and established Qianxin (Jingmen) New Material Co., Ltd. in January 2023. The company is located in the Chemical Circular Industrial Park of Duodao District, Jingmen City, Hubei Province, covering an area of 456 acres. The first phase of the annual production of 600,000 tons of acetic acid project is under construction in an orderly manner and is expected to be completed and put into operation by mid-2025, with an annual output value of 3 billion yuan. In 2023, it was a milestone year for Handsome Chemical Group as it took a solid step in expanding its industrial chain on the occasion of its 30th anniversary.
 

With the start of the 500,000 tons of acetic ester and 100,000 tons of electronic grade acetic acid ester project in Jingmen City, Hubei Province, Handsome Chemical Group will have three production bases located in Taixing, Jiangsu Province, Zhuhai, Guangdong Province, and Jingmen, Hubei Province, forming a tripartite layout that well covers the vast domestic market. As a leading enterprise in the global acetic ester industry, Handsome Chemical's products are sold to nearly 100 countries and regions around the world. After the completion and commissioning of the Jingmen project, Handsome Chemical will have an annual capacity of 2.1 million tons of acetic ester, 600,000 tons of acetic acid, and 1 million tons of butyl acrylate. The completion and commissioning of Handsome Chemical's Jingmen project will effectively increase the local industrial output value and boost local employment, promoting economic growth. For Handsome Chemical, the Jingmen project is not only an economic investment but also an important layout for the company's future development strategy. This not only reflects Handsome Chemical's profound layout in the Chinese market but also demonstrates its relentless pursuit of high-quality development as a industry leader.

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Address: 32 / F, block a, Wanda center, Wanda Plaza, Fazhan Avenue, Pengjiang district, Jiangmen City, Guangdong Province
Zip code:529000
Tel:
0750-3292900
Copyright: Handsome Chemical Group Co., Ltd

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