Polyacrylamide Cost-Performance Analysis: High Efficiency at Direct Factory Rates
10,30,2026 5 views
On July 6th, the groundbreaking ceremony for the first phase of Sinopec Guizhou 500000 tons/year PGA (polyglycolic acid) project was held in Zhijin County, Bijie City.
On site groundbreaking ceremony for Sinopec's 500000 tons/year PGA project
It is reported that in order to fully leverage Guizhou's resources, location advantages, and Sinopec's technology, market, management, and talent advantages, and deepen the strategic cooperation between Guizhou Province and Sinopec during the 14th Five Year Plan period, the two sides signed the "Comprehensive Promotion of High Quality Development Strategic Cooperation Framework Agreement" on November 25, 2020.
According to the agreement, Sinopec plans to construct a 500000 tons/year polyglycolic acid (PGA) project in Chadian Township, Zhijin County, with an investment of approximately 23 billion yuan. Among them, the first phase of construction will have an annual output of 200000 tons, with a total investment of about 11 billion yuan. It is expected that the annual sales revenue of the products will reach 3.15 billion yuan after completion; The second phase is planned to construct 300000 tons per year, with a total investment of approximately 12 billion yuan. The construction of this project focuses on resource conservation and protection of the ecological environment. The process technology of all production facilities is planned to choose advanced and clean technologies with low material and energy consumption, and build Sinopec into an environmentally friendly and super large petrochemical enterprise.
