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Xintai Develops High-end Chemical Industry

Source：The seanews 08-04-2022 09:30:00

In recent years, through pushing forward infrastructural construction, fostering leading enterprises and optimizing government services, Xintai has enhanced its "hard" strengths and "soft" services, injecting confidence for the development of Xintai's high-end chemical industry chain.

Xintai has advanced projects such as Zhengda Coking's coke oven gas project, the comprehensive utilization of methanol and purge gas in extended industries, resin production through deep processing of formaldehyde, and the comprehensive utilization of hydrogen sulfide by-products. With focus on upstream and downstream industrial sectors such as hydrogen, hydrogen sulfide, monomethylamine, sulfur and butadiene, Xintai has attracted investments from key enterprises like Bio Chemical and Nantong Jiuwu Chemical.

There are currently 20 high-end chemical enterprises in Xintai, including 17 enterprises above the designated size. They are expected to achieve a total output value of 8 billion yuan in 2022, up 27.19% from 2021, and will strive to achieve more than 14 billion yuan by 2025.