On August 28, Zhengda Energy Materials (Dalian) Co., Ltd., a low-carbon olefin catalyst manufacturing facility backed by Zhengda Group—a Fortune 500 company—laid the cornerstone for its new plant in the Yingchengzi Industrial Park, located in Ganjingzi District of Dalian. This significant project marks a major step forward in China’s efforts to diversify feedstock sources for low-carbon olefins and improve energy efficiency. By utilizing coal as a primary raw material, the initiative supports the broader goal of sustainable resource use and strengthens China’s position in the global low-carbon chemical industry.
As global oil reserves become increasingly constrained, the need for alternative feedstocks for ethylene and other olefins has grown more urgent. Technologies that convert coal into methanol, then into ethylene and propylene, have gained widespread attention due to their potential to enhance energy security. Last June, the low-carbon olefin technology developed by the Dalian Institute of Chemical Physics, Chinese Academy of Sciences, successfully completed a 10,000-ton industrial trial in Shaanxi. This breakthrough, featuring independent intellectual property rights, has placed China at the forefront of this innovative field.
Zhengda Group, recognizing both the strategic importance and commercial potential of this technology, decided to invest in the sector. The group signed an exclusive agreement with the Dalian Institute to produce specialized catalysts for low-carbon olefin processes. This collaboration underscores the company’s long-term vision to lead in green chemistry and sustainable development.
The newly established Zhengda Energy Materials (Dalian) Co., Ltd. will be based in the Yingchengzi Industrial Park, with a total investment of $30 million. The first phase of the project will see an investment of $22 million, and upon completion next year, the plant is expected to produce 2,000 tons of low-carbon olefin catalysts annually. This move not only strengthens Zhengda’s presence in the chemical industry but also contributes to the advancement of clean energy technologies in China.
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