Zhongtai Chemical’s 300,000 tons of BDO and 1 million tons of methanol projects are advancing!

On April 17, Zhongtai Chemical held the 2022 annual performance briefing online. Regarding the expected progress of the projects that have already started (constructed) in 2023, Zhongtai Chemical stated that the company’s current projects under construction include Jinhui Zhaofeng’s 300,000 tons/year BDO project, Zhongtai New Materials’ 1 million tons/year methanol project and new Xin Technology's 50,000-ton/year trichlorosilane project, the above-mentioned projects are advancing as planned, and the trichlorosilane project is scheduled to be put into operation in 2023. Facing investors’ inquiries about PVC-related businesses, Zhongtai Chemical said that the change in PVC production in 2023 is mainly affected by the real estate market. Recently, with the expected increase in the maintenance of chlor-alkali enterprises and the decrease in market supply, it is expected that the demand for PVC will reach a new balance. . In 2023, the company will make full use of relevant policies along the Belt and Road to increase PVC exports.