Jiangsu SOPO invested in the construction of ethylene acetate and EVA (ethylene-vinyl acetate copolymer) integration project in Zhenjiang New Area New Materials Park, the total investment of the project is about 7.128 billion yuan, and the construction is divided into two phases, of which the first phase is 330kt/a ethylene acetate project, and the second phase is 300kt/a EVA project.
SOPO vinyl acetate and EVA project using the United States DuPont company vinyl acetate process package, the acetic acid processing into a good profit margin of vinyl acetate, EVA resin, especially the content of 28% photovoltaic grade EVA resin, in line with the national clean energy policy and "carbon peak, carbon neutral" goal, the market prospect is broad.
After the completion of the project, the main products are vinyl acetate, vinyl acetate, vinyl acetate, which is an organic compound and one of the important basic chemical raw materials, mainly used in the manufacture of polyvinyl alcohol (PVA), polyvinyl acetate, VAE emulsion, EVA, acrylic resin, vinylon, etc., and also used in chemical reagents for adhesives and coatings industry. End markets include construction, textiles, coatings, photovoltaics, etc. Under the goal of reaching the peak of carbon and carbon neutrality, the large number of applications of photovoltaic adhesive in the photovoltaic industry has made the demand for EVA continue to grow, driving the demand for vinyl acetate to grow.