Recently, the Shaanxi Provincial Department of Ecology and Environment has released a public announcement regarding the acceptance of the environmental impact assessment documents for the 50,000-ton polyolefin elastomer (POE) industrial demonstration project of China National Chemical Western New Materials Co., Ltd.
Main Construction Content and Scale: Construction of a 50,000 t/a polyolefin elastomer (POE) production plant. The plant is designed with an annual capacity of 35,000 tons of ethylene-octene copolymer and 15,000 tons of ethylene-butene copolymer, together with relevant supporting facilities.
Sinochemical Western New Materials Co., Ltd. was founded on May 26, 2023, with a registered capital of 150 million RMB. Its registered address is High-tech Industrial Development Zone, Yulin City, Shaanxi Province. The company is a joint venture of Sinochemical City Investment Co., Ltd. (80% shareholding), Sinochemical Science and Technology Research Co., Ltd. (5% shareholding) and Yulin High-tech Industry Development Co., Ltd. (15% shareholding). It represents a key deployment under the "Industrial Investment" business segment of China Chemical Engineering Group Co., Ltd.