Anyang Yongjin ethylene glycol project started equipment installation

On the 22nd, Anyang Yongjin’s 200,000-ton/year ethylene glycol project entered the equipment installation phase. Since the foundation was laid on March 31, 2010, the project has been proceeding in an orderly manner according to the node plan, and it is expected that the completion of the machinery will be completed in July of this year. The project adopts the coal-based glycol synthesis technology with independent intellectual property rights of Henan Coal Chemical Industry Group, which has opened up a new way of non-oil production of ethylene glycol, featuring high technical content, low cost and wide raw material sources. The total investment of the project is 1.35 billion yuan. After it is completed, it can realize annual sales income of 1.25 billion yuan and total profit of 250 million yuan.

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