On August 28, Zhengda Energy Materials (Dalian) Co., Ltd., a low-carbon olefin catalyst production facility backed by Zhengda Group—a Fortune 500 company—laid the cornerstone for its new industrial park in Yingchengzi, Ganjingzi District, Dalian. This groundbreaking project marks a significant step forward in China's efforts to diversify feedstocks for low-carbon olefins and enhance energy efficiency. By using coal as a raw material, the initiative supports the country’s broader goals of sustainable development and resource optimization.
As global petroleum reserves continue to dwindle, the need for alternative feedstocks for ethylene and other petrochemicals has become a critical issue for national energy security. Technologies that convert coal into methanol, and subsequently into ethylene and propylene, have gained increasing attention. Last June, a major breakthrough was achieved when 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 achievement, featuring independent intellectual property rights, placed China at the forefront of global innovation in this field.
Zhengda Group, recognizing the strategic importance of this technology and its vast market potential, decided to invest in the project. The company partnered with the Dalian Institute to secure exclusive rights to produce the specialized catalysts needed for the low-carbon olefin process. This collaboration not only strengthens Zhengda’s position in the chemical industry but also accelerates the commercialization of advanced green technologies.
The newly established Zhengda Energy Materials (Dalian) Co., Ltd. will be located in the Yingchengzi Industrial Park, a key area for industrial development in Dalian. The project involves a total investment of $30 million, with $22 million allocated for the first phase. Once fully operational next year, the plant is expected to produce 2,000 tons of low-carbon olefin catalysts annually, significantly contributing to China’s growing green chemical sector and supporting the nation’s long-term environmental and economic goals.
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