In order to bring the best out of integrated refining and petrochemical projects and expand the" refining-aromatic hydrocarbon-polyester" industry chain, Fuhai Holdings has built the 2 MTPA paraxylene project and the 2.5MTPA pure terephthalic acid project to produce high-quality chemicals with strong stability and provide high-quality raw materials for downstream production units. Among them, the 2 MTPA paraxylene project is an aromatic hydrocarbon project listed in the National Petrochemical Industry Planning and Layout Plan; the project has the advantages of advanced technology,leading environmental protection indicators, and solid safety barrier;Meanwhile, it is in a leading position in the industry in terms of safety,environmental protection, and energy consumption among other indicators due to the application of the advanced patented technologies introduced from UOP(U.S.), BP (UK), and Sinopec Research Institute of Petroleum Processing, etc.
Fuhai Holding, with Fuhai (Shandong) Packaging Materials Co., Ltd. as the operating entity in the Hekou Blue Economy Industrial Park, has invested in and constructed a 1.5 MTPA polyester packaging materials project. Adopting world-leading two-kettle polyester viscosity-increasing and direct-melting technologies, the project specializes in the production of food-grade polyester chips and functional polyester sheets, which are characterized by high toughness, high viscosity and high strength. It is also equipped with an 86,000 TPA waste bottle chip cleaning facility. By recycling waste plastics to produce recycled polyester, the project promotes green and low-carbon development, effectively driving the growth of the regional downstream packaging industrial cluster and forging an integrated industrial chain with coordinated upstream and downstream development. Leveraging its technological innovation and environmental protection advantages, the project has been successively recognized as a "Preferred Project for the Transformation of Old and New Growth Drivers in Shandong Province" and a "Key Project for Green, Low-Carbon and High-Quality Development in Shandong Province".
