On the morning of August 10, a batch of key projects including Bisphenol A of Qingdao Gulf Chemical Co., Ltd. started construction on the west coast of Qingdao. Wang Qingxian, member of the Standing Committee of the Shandong Provincial Party Committee and Secretary of the Qingdao Municipal Committee, attended the groundbreaking ceremony. After the project starts, Gulf Chemical will fully launch the construction of the bisphenol A project, strengthen project safety, quality, progress, and investment management and control, and ensure that it is put into operation in the first quarter of 2022.
The Bay Chemical Bisphenol A project is a major project in Shandong Province with a total investment of 2 billion yuan and an area of 378 mu. The project introduces the world-class chemical technology of American Berger Company and Kellogg Brownrout Company, with an annual output of 240,000 tons of bisphenol A, 300,000 tons of cumene, 320,000 tons of phenol acetone, and 60,000 tons of isopropanol. At present, the project has signed a contract for the introduction of patented technology of 116 million yuan and a contract for the purchase of major equipment of 143 million yuan.
It is reported that the bisphenol A project is a demonstration project for the Gulf Group to extend the chemical industry chain and improve the core competitiveness of the enterprise. Its products are widely used in high-end polycarbonate, epoxy resin, automobiles, robots, chips, military, aviation and home appliance manufacturing, etc. High-end manufacturing field. After the project is put into operation, it can increase its annual operating income by 3 billion yuan and profit and tax 700 million yuan. By then, the annual operating income of Gulf Chemical will reach 14 billion yuan, and the annual operating income of Gulf Group will exceed 20 billion yuan, which will inject new momentum for high-quality development of the enterprise.