On October 15th, Tangshan Xuyang Aromatics Products Co., Ltd.'s 300,000-ton/year styrene project was successfully delivered.
The project is located in the Leting Economic Development Zone of Tangshan City, Hebei Province. It was invested and constructed by Tangshan Xuyang Chemical Co., Ltd., with an annual output of 300,000 tons of styrene, a total investment of 1.47 billion yuan, and an area of 360 acres. Set of production equipment for styrene production by pure ethylene method.
The project is a circular economy system, adopting the most advanced technical route of pure ethylene method in China, and can realize annual sales income of 3 billion yuan and profits and taxes of 350 million yuan after it is put into production.
Tangshan Risun Chemical Co., Ltd. is a wholly-owned subsidiary of Risun Chemical Group. Risun Chemical Group started from coking and adopted a vertically integrated business development model to extend and form three fine chemical industry chains, including carbon materials industry chain, aromatic hydrocarbon industry chain, and alcohol ether industry chain. The company operates 41 chemical production lines, distributed in Xingtai, Dingzhou, Tangshan, Cangzhou, Hebei, Yuncheng, Dongming, Shandong, Hohhot, Inner Mongolia and other production parks. In 2019, the total operating output was 3.55 million tons.
According to information on its official website, Risun Chemical Group is the world's largest coking crude benzene processor, processing 7.1% of the world's total processing volume; it is the world's second largest high-temperature coal tar processor, processing volume accounting for 4.3 of the world's total processing volume %; It is China's largest producer of industrial naphthalene-based phthalic anhydride and coke oven gas-based methanol, accounting for 18.7% and 7.0% of China's total output, respectively.
