Wanglin Group’s 200,000-ton unsaturated polyester and 60,000-ton maleic anhydride projects were signed and settled in Jingmen Chemical Cycle Industrial Park

On June 18, 2020, the unsaturated polyester resin and maleic anhydride projects of Shandong Zibo Wanglin New Material Technology Co., Ltd. signed a contract and settled in Jingmen Chemical Cycle Industrial Park.The company is the hidden champion enterprise in the country's unsaturated polyester resin industry segment. After the project is completed and reaches capacity, it can achieve an annual output value of 3 billion yuan and an annual tax revenue of 80 million yuan.On June 19, Jiangsu Yangzhou Jubang Chemical Co., Ltd. signed a contract to build a 100,000-ton/year hydrogenation unit, a 200,000-ton/year hydrogen peroxide unit, and a 500,000-ton/year toluene and xylene deep processing project to settle in Jingmen Chemical Cycle Industrial Park.The company plans a total investment of 1.26 billion yuan and can achieve an annual output value of 4 billion yuan and an annual tax revenue of 200 million yuan.The project will take on mixed aromatics and Yingde hydrogen, which are by-products of Jingmen Petrochemical's refining, as raw materials, lengthen the petrochemical industry chain of the chemical park and increase the added value of products. It can not only strengthen the park's leading industries, but also provide raw materials for the park's fine chemical industry and create Good social and economic benefits.