The total investment of 153.095 billion yuan, the largest project for the total investment of 148 billion yuan, the annual output of 10 million tons of high-end chemical new materials project in Rongsheng Taizhou, after the completion of the project will drive the formation of 100 billion new materials industrial cluster.
The first phase of the project is located in Hongjiaoyan Block of Taizhou Bay Economic and Technological Development Zone, Eight industrial chains have been built, including high-end polyolefin projects, engineering plastics projects, degradable plastics projects, carbon emission reduction green circular economy chains, high-performance resins, special rubber and elastomer projects, special polyester projects, and fine chemicals projects.
In terms of EVA, Rongsheng Petrochemical Department has 300kt/a photovoltaic EVA production capacity, and will build 700kt/a EVA production capacity equipment in the future, and the total EVA scale will reach 1 mt/a, and will become a leading enterprise in China's EVA industry.